§ 17-602
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§17–602.
(a)There is a State Apprenticeship Training Fund in the Department.
(b)The Fund consists of:
(1)payments made by contractors or subcontractors in accordance with this subtitle and Subtitle 6A of this title;
(2)penalties collected as a result of violations of this subtitle and Subtitle 6A of this title; and
(3)penalties collected as a result of violations of Title 14, Subtitle 8 of this article.
(c)The Fund is a special, nonlapsing fund that is not subject to § 7–302 of this article.
(d)The State Treasurer shall hold the Fund separately, and the Comptroller shall account for the Fund.
(e)The Secretary shall use money in the fund to:
(1)promote preapprenticeship programs and other workforce development programs in the State’s public secondary schools and community colleges that assist students in preparing for and entering apprenticeship training programs; and
(2)pay any costs associated with carrying out the provisions of this subtitle and Subtitle 6A of this title or Title 14, Subtitle 8 of this article.