§ 13-1209
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/md/economic-development/13-1209A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§13–1209.
(a)The State and Cecil and Harford counties jointly may finance the Partnership and its activities.
(1)The State may provide financial support to the Partnership to assist in carrying out the activities of the Partnership.
(i)On or before August 1 of each year, the Partnership shall submit its proposed work programs and operating budget for the following fiscal year to the Department.
(ii)The submission shall include:
1. supporting schedules to show how the budget is financed and to provide for review and recommendations; and
2. a specific request to the Department for financial support in the following fiscal year.
(iii)After review, the Department shall:
1. consider including the request for financial support under subparagraph
(ii)of this paragraph in its annual budget recommendations; and
2. forward the submission and any recommendations to the Department of Budget and Management for consideration.
(i)In accordance with subparagraph
(ii)of this paragraph, for fiscal year 2016 and each fiscal year thereafter, the Governor may include in the State budget an appropriation to partially support the Partnership.
(ii)1. Any appropriation in a fiscal year under subparagraph
(i)of this paragraph shall be contingent on the commitment of Cecil and Harford counties to contribute funds to the Partnership during the same fiscal year.
2. In determining the amount of an appropriation in a fiscal year, it is the intent of the General Assembly that the appropriation shall equal at least two times the total amount committed to be contributed by Cecil and Harford counties in the same fiscal year.
(1)The governing bodies of Cecil and Harford counties each year may appropriate funds to the Partnership to promote the purposes of the Partnership.
(2)An appropriation under paragraph
(1)of this subsection may be a designated portion of the budget of the county Office of Economic Development.
(d)The Partnership may accept additional money from any other public or private source.