Maryland Statutes
Title 11.5 - Ending Youth Homelessness Act
Section 11.5-103 - Ending Youth Homelessness Grant Fund

(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.

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