State Codes and Statutes
Statutes > Maryland > Economic-development > Title-3 > Subtitle-4 > 3-411
§ 3-411. Partnership for Workforce Quality Fund.
(a) Established.- There is a Partnership for Workforce Quality Fund in the Department.
(b) Management.- The Secretary shall manage and supervise the Fund.
(c) Administration.-
(1) The Fund is a special, nonlapsing fund that is not subject to reversion under § 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) Composition.- The Fund consists of:
(1) money appropriated by the State to the Fund;
(2) money made available to the Fund through federal programs;
(3) private contributions to the Fund;
(4) an application or other fee paid to the Program in connection with processing a request for financial assistance; and
(5) any other money made available to the Fund.
(e) Use of Fund.- The Department may use money in the Fund for:
(1) grants to defray the cost of workforce training; and
(2) administrative, actuarial, legal, and technical services for the Program.
(f) Investment earnings.- Any investment earnings shall be credited to the Fund.
[An. Code 1957, art. 83A, § 3-702.1; 2008, ch. 306, § 2.]
State Codes and Statutes
Statutes > Maryland > Economic-development > Title-3 > Subtitle-4 > 3-411
§ 3-411. Partnership for Workforce Quality Fund.
(a) Established.- There is a Partnership for Workforce Quality Fund in the Department.
(b) Management.- The Secretary shall manage and supervise the Fund.
(c) Administration.-
(1) The Fund is a special, nonlapsing fund that is not subject to reversion under § 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) Composition.- The Fund consists of:
(1) money appropriated by the State to the Fund;
(2) money made available to the Fund through federal programs;
(3) private contributions to the Fund;
(4) an application or other fee paid to the Program in connection with processing a request for financial assistance; and
(5) any other money made available to the Fund.
(e) Use of Fund.- The Department may use money in the Fund for:
(1) grants to defray the cost of workforce training; and
(2) administrative, actuarial, legal, and technical services for the Program.
(f) Investment earnings.- Any investment earnings shall be credited to the Fund.
[An. Code 1957, art. 83A, § 3-702.1; 2008, ch. 306, § 2.]
State Codes and Statutes
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Subtitle-4 >
3-411 § 3-411. Partnership for Workforce Quality Fund.
(a) Established.- There is a Partnership for Workforce Quality Fund in the Department.
(b) Management.- The Secretary shall manage and supervise the Fund.
(c) Administration.-
(1) The Fund is a special, nonlapsing fund that is not subject to reversion under § 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) Composition.- The Fund consists of:
(1) money appropriated by the State to the Fund;
(2) money made available to the Fund through federal programs;
(3) private contributions to the Fund;
(4) an application or other fee paid to the Program in connection with processing a request for financial assistance; and
(5) any other money made available to the Fund.
(e) Use of Fund.- The Department may use money in the Fund for:
(1) grants to defray the cost of workforce training; and
(2) administrative, actuarial, legal, and technical services for the Program.
(f) Investment earnings.- Any investment earnings shall be credited to the Fund.
[An. Code 1957, art. 83A, § 3-702.1; 2008, ch. 306, § 2.]
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