§ 11-405
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/md/business-regulation/11-405A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§11–405.
(a)The fiscal officer of each subdivision that is eligible to receive money under § 11-404 of this subtitle shall submit a written certification to the Comptroller and, subject to § 2-1257 of the State Government Article, the Department of Legislative Services on or before November 1 of each year.
(b)The fiscal officer’s certification shall state:
(1)the purposes for which Special Fund money received under § 11-404 of this subtitle was spent or committed during the fiscal year that ends on the June 30 before the report is submitted; and
(2)that the subdivision will hold Special Fund money in a special account and use the money only to help services and facilities within 2 miles of the Pimlico Race Course or 3 miles of the Laurel Race Course.
(1)The Comptroller may not pay Special Fund money to a subdivision unless the fiscal officer of the subdivision submits a timely certification required under subsection
(a)of this section.
(2)The Comptroller shall place Special Fund money withheld under paragraph
(1)of this subsection in a special account and add it to the money available for payment to the subdivision in the next fiscal year.