Maryland § 11-1302
Full text of Maryland Maryland Code § 11-1302, with citation guidance and answers to common questions.
§ 11-1302.
(a) There is a Construction Education and Innovation Fund.
(b) The Center shall administer the Fund.
(c) (1) The Fund is a special, nonlapsing revolving fund that is not subject to § 7–302 of the State Finance and Procurement Article.
(2) The 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 made available to the Fund through federal programs or private contributions;
(3) money derived by the Center; or
(4) any other money made available to the Center for the Fund.
(e) (1) For fiscal year 2018 through fiscal year 2024, the Governor shall include in the annual budget bill an appropriation to the Fund of $250,000 to support the operation of the Center.
(2) For fiscal year 2025 through fiscal year 2029, the Governor shall include in the annual budget bill an appropriation to the Fund of $531,250 to support the operation of the Center.
(f) The Fund may be used only to support the purposes of the Center.
(g) (1) The Treasurer shall invest money in 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.
Frequently Asked Questions About Maryland § 11-1302
What does Maryland Code § 11-1302 cover?
Section 11-1302 is part of the Maryland Code, the codified statutory law of Maryland. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Maryland § 11-1302?
A common citation format is "Maryland Code § 11-1302" (Maryland). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Maryland law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maryland official source linked on this page or consult a licensed Maryland attorney.
How does Maryland § 11-1302 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maryland can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Maryland.