Md. Code Ann., Agric. § 10-1807
Waste Kitchen Grease Fund
Effective Jul 1, 2011Added by Acts 2011, c. 261, § 1, eff. July 1, 2011; Acts 2011, c. 262, § 1, eff. July 1, 2011.State of Maryland
- (a) There is a Waste Kitchen Grease Fund.
- (b) The Department shall administer the Fund.
(c)
- (1) The Fund is a special, nonlapsing fund that is not subject to § 7-302 of the State Finance and Procurement Article.
- (2) The State Treasurer shall hold the Fund separately, and the Comptroller shall account for the Fund.
(d) The Fund consists of:
- (1) Money appropriated in the State budget to the Fund;
- (2) Money received from any public or private source;
- (3) Interest and investment earnings on the Fund; and
- (4) Fees collected under this subtitle.
- (e) The Fund may be used only to implement this subtitle.
(f)
- (1) The State Treasurer shall invest and reinvest the money of the Fund in the same manner as other State money may be invested.
- (2) Any investment earnings of the Fund shall be paid into the Fund.
Added by Acts 2011, c. 261, § 1, eff. July 1, 2011; Acts 2011, c. 262, § 1, eff. July 1, 2011.