- (a) In this section, “Fund” means the Off-Highway Recreational Vehicle Trail Fund.
- (b) There is an Off-Highway Recreational Vehicle Trail Fund.
- (c) The purpose of the Fund is to maintain and construct trails for off-highway recreational vehicles.
- (d) The Secretary shall administer the Fund.
(e)
- (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.
(f) The Fund consists of:
- (1) Revenue distributed to the Fund under § 13-814(b) of the Transportation Article;
- (2) Money appropriated in the State budget for the Fund; and
- (3) Any other money from any other source accepted for the benefit of the Fund.
(g) The Fund may be used only to:
- (1) Maintain trails for off-highway recreational vehicles on State park land that was purchased or leased by the Department before January 1, 2017;
- (2) Maintain and construct trails for off-highway recreational vehicles on State park land that is purchased or leased by the Department on or after January 1, 2017; and
- (3) Maintain and construct trails for off-highway recreational vehicles on any land that is not State park land that is purchased or leased by the Department.
(h)
- (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.
- (i) Expenditures from the Fund may be made only in accordance with the State budget.
- (j) Money expended from the Fund for maintaining and constructing trails for off-highway recreational vehicles is supplemental to and is not intended to take the place of funding that otherwise would be appropriated for maintaining and constructing trails for off-highway recreational vehicles.
Added by Acts 2018, c. 700, § 1, eff. July 1, 2018.