- (a) In this section, “Fund” means the Children's Trust Fund.
- (b) There is a Children's Trust Fund.
- (c) The purpose of the Fund is to provide funding for the Child Abuse Medical Providers (Maryland CHAMP) Initiative.
- (d) The Department shall administer the Fund.
- (e) The Fund is a special, nonlapsing fund that is not subject to § 7-302 of the State Finance and Procurement Article.
(f) The Fund consists of:
- (1) Fees distributed to the Fund from the issuance of commemorative birth certificates under § 4-217(a)(3) of this article;
- (2) Money appropriated in the State budget to the Fund; and
- (3) Any other money from any other source accepted for the benefit of the Fund.
- (g) The Treasurer shall hold the Fund separately, and the Comptroller shall account for the Fund.
- (h) The Treasurer shall invest and reinvest the money of the Fund in the same manner as other State money may be invested.
(i)
- (1) The Comptroller shall pay out money from the Fund as directed by the Secretary.
(2) No part of the Fund may revert or be credited to:
- (i) The General Fund of the State; or
- (ii) Any other special fund of the State.
- (j) Expenditures from the Fund may be made only in accordance with the State budget.
Added by Acts 2006, c. 80, § 1, eff. July 1, 2006. Amended by Acts 2008, c. 91, § 1, eff. Oct. 1, 2008.