- (a) There is an Ending Youth Homelessness Grant Fund.
- (b) The purpose of the Fund is to provide funds to the Program.
- (c) The Department shall administer the Fund.
(d)
- (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.
(e) The Fund consists of:
- (1) money appropriated in the State budget to the Fund; and
- (2) any other money from any other source accepted for the benefit of the Fund.
- (f) The Fund may be used only for grants made by the Department for the Program.
(g)
- (1) The State Treasurer shall invest the money of the Fund in the same manner as other State money may be invested.
- (2) Any interest earnings of the Fund shall be credited to the General Fund of the State.
- (h) Expenditures from the Fund may be made only in accordance with the State budget.
Added by Acts 2018, c. 748, § 1, eff. Oct. 1, 2018.