reglab/housing_qa huggingface dataset:
MD. State Finance and Procurement Code Ann. §  6-101 (2021)
2021 Maryland Statutes|State Finance and Procurement|Division I - State Finance|Title 6 - Revenues|Subtitle 1 - Studies and Estimates|Section 6-101 - Definitions

    (a)    In this subtitle the following words have the meanings indicated.    (b)    “Board” means the Board of Revenue Estimates.    (c)    “Bureau” means the Bureau of Revenue Estimates.    (d)    “Chief” means the Chief of the Bureau.
MD. State Finance and Procurement Code Ann. §  6-102 (2021)
2021 Maryland Statutes|State Finance and Procurement|Division I - State Finance|Title 6 - Revenues|Subtitle 1 - Studies and Estimates|Section 6-102 - Board of Revenue Estimates

    (a)    There is a Board of Revenue Estimates.    (b)    The Board consists of the following 3 ex officio members:        (1)    the Comptroller;        (2)    the Treasurer; and        (3)    the Secretary of Budget and Management.    (c)    The Treasurer may appoint, as the Treasurer’s designee, a deputy treasurer to serve on the Board.    (d)    The Chief is the executive secretary of the Board.
MD. State Finance and Procurement Code Ann. §  6-103 (2021)
2021 Maryland Statutes|State Finance and Procurement|Division I - State Finance|Title 6 - Revenues|Subtitle 1 - Studies and Estimates|Section 6-103 - Bureau of Revenue Estimates

    (a)    There is a Bureau of Revenue Estimates in the Office of the Comptroller.    (b)    (1)    The head of the Bureau is the Chief.        (2)    Subject to the supervision of the Comptroller, the Chief has administrative control of the Bureau.        (3)    Unless the Comptroller, with the approval of the Board, determines that an alternative structure is appropriate, the Chief shall be subject to the supervision of the Deputy Comptroller with responsibility for tax administration.    (c)    (1)    Except as otherwise provided by law, subject to the approval of the Board, the Comptroller shall appoint the Chief.        (2)    The Chief may be removed only by a majority of the Board for incompetence or other good cause.        (3)    The Chief shall appoint other employees of the Bureau in accordance with the provisions of the State Personnel and Pensions Article.
MD. State Finance and Procurement Code Ann. §  6-105 (2021)
2021 Maryland Statutes|State Finance and Procurement|Division I - State Finance|Title 6 - Revenues|Subtitle 1 - Studies and Estimates|Section 6-105 - Consensus Revenue Monitoring and Forecasting Group

    (a)    (1)    In this section the following words have the meanings indicated.        (2)    “Group” means the Consensus Revenue Monitoring and Forecasting Group established under this section.        (3)    (i)    “State share of nonwithholding income tax revenues” means the State share of income tax quarterly estimated and final payments with returns made by individuals, as defined in § 10–101 of the Tax – General Article.            (ii)    “State share of nonwithholding income tax revenues” does not include:                1.    the county share of income tax quarterly estimated and final payments with returns made by individuals;                2.    income tax payments made by corporations;                3.    income tax refunds paid to individuals or corporations; or                4.    income tax withholding.    (b)    There is a Consensus Revenue Monitoring and Forecasting Group.    (c)    The Group consists of:        (1)    the Chief and staff of the Bureau as designated by the Chief;        (2)    the Deputy Comptroller with responsibility for tax administration and staff as designated by the Deputy Comptroller with responsibility for tax administration;        (3)    staff of the Office of the Treasurer as designated by the Treasurer;        (4)    staff of the Department of Budget and Management as designated by the Secretary of Budget and Management;        (5)    staff of the Department of Transportation as designated by the Secretary of Transportation; and        (6)    staff of the Office of Policy Analysis of the Department of Legislative Services as designated by the Director of the Office.    (d)    The Chief shall chair the Group.    (e)    The Group and its constituent units shall:        (1)    review and analyze attainment of revenues on a monthly basis;        (2)    advise and collaborate with the Bureau:            (i)    in the development of revenue forecasts and any necessary revisions to those forecasts; and            (ii)    in the performance of any pertinent studies or analyses as requested by the Chief or as directed by the Board; and        (3)    develop and recommend to the Bureau a methodology for determining the State share of nonwithholding income tax revenues for each fiscal year.    (f)    To assist the Group in performing its function, the Comptroller and the Bureau shall:        (1)    within 7 calendar days after the end of each month, provide to members of the Group detailed data on revenue collections; and        (2)    before any document relating to the work of the Bureau is published, provide a draft of the document to the members of the Group for review and comment.
MD. State Finance and Procurement Code Ann. §  6-106 (2021)
2021 Maryland Statutes|State Finance and Procurement|Division I - State Finance|Title 6 - Revenues|Subtitle 1 - Studies and Estimates|Section 6-106 - Board

    (a)    (1)    In this section, “nonwithholding income tax revenues” means the State share of income tax quarterly estimated and final payments with returns made by individuals, as defined in § 10–101 of the Tax – General Article.        (2)    “Nonwithholding income tax revenues” does not include:            (i)    the county share of income tax quarterly estimated and final payments with returns made by individuals;            (ii)    income tax payments made by corporations;            (iii)    income tax refunds paid to individuals or corporations; or            (iv)    income tax withholding.    (a–1)    The Board shall:        (1)    study the information that the Bureau provides; and        (2)    consider the recommendations of the Bureau.    (b)    (1)    In December, March, and September of each year, the Board shall submit to the Governor and, in accordance with § 2–1257 of the State Government Article, to the General Assembly, a report that:            (i)    contains an itemized statement of the estimated State revenues from all sources for the fiscal year following the fiscal year in which the report is made; and            (ii)    includes any recommendations of the Board.        (2)    (i)    Subject to subparagraph (ii) of this paragraph, the Governor shall state the most recent estimates of revenues reported by the Board in the proposed budget and any supplemental budget submitted to the General Assembly.            (ii)    If the Governor uses different estimates of revenues in the formulation of the proposed budget and any supplemental budget submitted to the General Assembly than those reported by the Board, a statement providing an explanation as to the differences shall be included together with those submissions.        (3)    The report required under paragraph (1) of this subsection shall include estimated revenues from nonwithholding income taxes calculated in accordance with § 6–104(e) of this subtitle.    (c)    The Board shall approve a methodology for determining the State share of nonwithholding income tax revenues for each fiscal year.
MD. State Finance and Procurement Code Ann. §  7-301 (2021)
2021 Maryland Statutes|State Finance and Procurement|Division I - State Finance|Title 7 - Appropriations|Subtitle 3 - Unspent Balances|Section 7-301 - Notice

    (a)    This section applies to the following entities:        (1)    an institution that receives an appropriation for operating expenses; and        (2)    an officer or unit of the State government that:            (i)    receives an appropriation for operating expenses; or            (ii)    has its expenses paid out of the fees collected by the officer or unit.    (b)    At the end of each fiscal year, each entity that, during that fiscal year, has received an appropriation for operating expenses shall give the Comptroller notice of:        (1)    the amount of the appropriation that is unspent; and        (2)    the amount of the unspent part that is needed to meet unpaid obligations incurred during the fiscal year.
MD. State Finance and Procurement Code Ann. §  7-302 (2021)
2021 Maryland Statutes|State Finance and Procurement|Division I - State Finance|Title 7 - Appropriations|Subtitle 3 - Unspent Balances|Section 7-302 - General Requirement for Reversion

    Except as otherwise provided by law, at the end of a fiscal year, the unspent balance of each appropriation that was made for that fiscal year to an officer or unit of the State government or to an institution reverts to the General Fund of the State.
MD. State Finance and Procurement Code Ann. §  7-303 (2021)
2021 Maryland Statutes|State Finance and Procurement|Division I - State Finance|Title 7 - Appropriations|Subtitle 3 - Unspent Balances|Section 7-303 - Encumbered Balances

    At the end of a fiscal year, the amount of the unspent part of an appropriation that is needed to meet unpaid obligations incurred during that fiscal year does not revert to the General Fund of the State.
MD. State Finance and Procurement Code Ann. §  7-304 (2021)
2021 Maryland Statutes|State Finance and Procurement|Division I - State Finance|Title 7 - Appropriations|Subtitle 3 - Unspent Balances|Section 7-304 - Dedicated Money

    At the end of a fiscal year, the unspent part of an appropriation from a source that State law or an Act of Congress dedicates to a specific purpose does not revert to the General Fund of the State but reverts to the appropriate special fund.
MD. State Finance and Procurement Code Ann. §  7-305 (2021)
2021 Maryland Statutes|State Finance and Procurement|Division I - State Finance|Title 7 - Appropriations|Subtitle 3 - Unspent Balances|Section 7-305 - Capital Expenditures

    (a)    In this section, “capital expenditure” includes an expenditure for:        (1)    acquisition of land, buildings, or equipment; or        (2)    new construction.    (b)    At the end of a fiscal year, the unspent part of an appropriation for a capital expenditure made through the State budget or a supplementary appropriation act other than an enabling act for a general obligation loan:        (1)    does not revert to the General Fund; and        (2)    with the approval of the Board of Public Works, may be carried in a capital account until it is spent in accordance with subsection (c) of this section or until the authority to spend the appropriation for a project terminates.    (c)    Money carried in a capital account under subsection (b) of this section may be spent only for a capital purpose.    (d)    Unless otherwise provided by law, the authority to spend the appropriation for a project terminates:        (1)    2 years after the effective date of the appropriation act that authorizes the project, if:            (i)    evidence that a required matching fund will be provided has not been presented to the Board; or            (ii)    no part of the project is under contract and the Board has not encumbered money for any part of the project;        (2)    1 year after the latest of abandonment, completion, or acceptance of the project; or        (3)    except to the extent the Board has encumbered money for a State project or program authorized by an appropriation act, 7 years after the effective date of the appropriation act that authorized the project unless:            (i)    the appropriation act provides otherwise; or            (ii)    in an emergency, the Board unanimously grants a temporary exception for 1 year.
MD. State Finance and Procurement Code Ann. §  7-306 (2021)
2021 Maryland Statutes|State Finance and Procurement|Division I - State Finance|Title 7 - Appropriations|Subtitle 3 - Unspent Balances|Section 7-306 - Institutions for Higher Education

    (a)    This section applies only to St. Mary’s College of Maryland.    (b)    At the end of a fiscal year, the unencumbered balance of each appropriation from the General Fund, including an amount received as reimbursement of statewide indirect costs, to the Board or any of these institutions reverts to the General Fund of the State.    (c)    The unencumbered balance of any other appropriation to the Board or these institutions:        (1)    does not revert to the General Fund of the State;        (2)    shall be available as provided in the State budget or through an approved budget amendment; and        (3)    shall be reported by the Board or institution to the State Comptroller at the end of each fiscal year.
MD. State Finance and Procurement Code Ann. §  7-307 (2021)
2021 Maryland Statutes|State Finance and Procurement|Division I - State Finance|Title 7 - Appropriations|Subtitle 3 - Unspent Balances|Section 7-307 - New or Substantially Renovated Facility

    (a)    Unless the State budget expressly provides otherwise, whenever a new or substantially renovated facility does not begin operation on the date that was used to determine the amount of the appropriation to the facility in the State budget, the part of the appropriation for operating expenses that is not needed to provide services to the same clients, students, patients, or inmates shall revert to the General Fund or to an appropriate special fund and may not be spent for any other purpose or transferred by a budget amendment.    (b)    If a facility under this section begins to operate after the date on which the appropriation was based but in the same fiscal year, the Department of Budget and Management shall determine, on a pro rata basis, the amount of the appropriation for operating expenses that shall revert to the General Fund.
MD. State Finance and Procurement Code Ann. §  7-308 (2021)
2021 Maryland Statutes|State Finance and Procurement|Division I - State Finance|Title 7 - Appropriations|Subtitle 3 - Unspent Balances|Section 7-308 - Notice of Reversions

    The Secretary of Budget and Management shall give each member of the General Assembly notice of:         (1)    the total reversions at the end of each fiscal year; and        (2)    any revision of an estimated reversion from an appropriation in the State budget for the current fiscal year.
MD. State Finance and Procurement Code Ann. §  7-309 (2021)
2021 Maryland Statutes|State Finance and Procurement|Division I - State Finance|Title 7 - Appropriations|Subtitle 3 - Unspent Balances|Section 7-309 - State Reserve Fund

    (a)    There is a State Reserve Fund.    (b)    The State Reserve Fund comprises:        (1)    the Dedicated Purpose Account;        (2)    the Revenue Stabilization Account;        (3)    the Economic Development Opportunities Program Account; and        (4)    the Catastrophic Event Account.
MD. State Finance and Procurement Code Ann. §  7-310 (2021)
2021 Maryland Statutes|State Finance and Procurement|Division I - State Finance|Title 7 - Appropriations|Subtitle 3 - Unspent Balances|Section 7-310 - Dedicated Purpose Account

    (a)    In this section, “Account” means the Dedicated Purpose Account.    (b)    The Dedicated Purpose Account is established:        (1)    to retain appropriations for major, multi-year expenditures where the magnitude and timing of cash needs are uncertain; and        (2)    beginning in fiscal year 1996, to meet specific expenditure requirements.    (c)    The Governor may provide an appropriation in the budget bill to the Account for a specific purpose or purposes.    (d)    For each appropriation to the Account, the Governor may:        (1)    include the funds in the State budget subject to appropriation by the General Assembly; or        (2)    transfer the funds by budget amendment from the Account to the expenditure account of the appropriate unit of State government only after the proposed budget amendment has been:            (i)    submitted to the Senate Budget and Taxation Committee and the House Appropriations Committee of the General Assembly; and            (ii)    subject to a 45–day review and comment period by the Legislative Policy Committee.    (e)    The Account is a continuing, nonlapsing fund which is not subject to § 7-302 of this subtitle.    (f)    (1)    The unspent balance of an appropriation to the Account reverts to the Revenue Stabilization Account 4 years after the end of the fiscal year for which the appropriation was made.        (2)    If the Governor determines that certain funds in the Account are no longer needed for the purpose for which they were originally appropriated, those funds may be transferred by budget amendment to the Revenue Stabilization Account after the proposed budget amendment has been:            (i)    submitted to the Senate Budget and Taxation Committee and the House Appropriations Committee of the General Assembly; and            (ii)    approved by the Legislative Policy Committee.
MD. State Finance and Procurement Code Ann. §  7-310.1 (2021)
2021 Maryland Statutes|State Finance and Procurement|Division I - State Finance|Title 7 - Appropriations|Subtitle 3 - Unspent Balances|Section 7-310.1 - Money Received as Result of Settlement, Judgment, or Consent Decrees

    (a)    Any money received by the State or otherwise subject to the direction or control of a State official, as a result of a settlement, judgment, or consent decree made or entered into after January 1, 2012:        (1)    shall be deposited in the State treasury; and        (2)    except for funds designated as restitution:            (i)    shall be expended only as authorized in the State budget bill as enacted; and            (ii)    may be transferred by budget amendment.    (b)    In negotiating any State payment under any national or multistate settlement, judgment, or consent decree, a State official may recommend restrictions on the use of that State payment but shall also request that the settlement, judgment, or consent decree also provide that the funds may be used for any public purpose, to the extent that doing so is not inconsistent with the State or its citizens securing the maximum benefit from the settlement, judgment, or consent decree.
MD. State Finance and Procurement Code Ann. §  7-312 (2021)
2021 Maryland Statutes|State Finance and Procurement|Division I - State Finance|Title 7 - Appropriations|Subtitle 3 - Unspent Balances|Section 7-312 - Maryland Stadium Facilities Fund

    (a)    There is a Maryland Stadium Facilities Fund.    (b)    The Fund is:        (1)    a special, nonlapsing fund that consists of money that may be appropriated, transferred, credited, or paid to it from any source; and        (2)    not subject to § 7–302 of this subtitle.    (c)    The Treasurer shall separately hold, and the Comptroller shall account for, the Fund.    (d)    (1)    The Fund shall be invested and reinvested in the same manner as other State funds.        (2)    Any investment earnings shall be retained to the credit of the Fund.    (e)    Money credited to the Maryland Stadium Facilities Fund may be used, in accordance with approved comprehensive financing plans, to:        (1)    pay rent to the Maryland Stadium Authority;        (2)    with the approval of the Board of Public Works, make grants or loans, not exceeding $1 million in any fiscal year, to the Authority for its corporate purposes;        (3)    with the approval of the Board of Public Works, finance capital construction in lieu of issuing bonds; or        (4)    financially support, through equity investment, loan, guarantee, or otherwise, full or partial private financing of any element of the facility.    (f)    (1)    At the end of the fiscal year, a transfer to the Dedicated Purpose Fund of the State Reserve Fund shall be made to the extent that the balance of revenues in the Fund exceeds:            (i)    $24 million; and            (ii)    the Debt Service Reserve Fund being held by or on behalf of the Maryland Stadium Authority for payment of debt service on revenue bonds issued by the Authority.        (2)    (i)    Any revenues transferred to the State Reserve Fund in accordance with paragraph (1) of this subsection shall be dedicated for use by the Maryland Stadium Authority and may be transferred from the State Reserve Fund by an appropriation in the budget bill or, with the approval of the Legislative Policy Committee, by budget amendment.            (ii)    The unspent balance of any revenues for the Maryland Stadium Authority in the State Reserve Fund shall revert to the General Fund 2 years after the end of the fiscal year in which the transfer was made.
MD. State Finance and Procurement Code Ann. §  7-324 (2021)
2021 Maryland Statutes|State Finance and Procurement|Division I - State Finance|Title 7 - Appropriations|Subtitle 3 - Unspent Balances|Section 7-324 - Catastrophic Event Account

    (a)    In this section, “Account” means the Catastrophic Event Account.    (b)    Subject to the provisions of this section, the Account is established to enable the State to respond without undue delay to a natural disaster or other catastrophic situation, or federal civilian employee financial hardship from a full or partial federal government shutdown due to a lapse in federal appropriations that cannot be taken care of within the resources of existing appropriations.    (c)    The Governor may provide an appropriation in the budget bill to the Account.    (d)    (1)    Subject to paragraph (2) of this subsection, after a 15–day review and comment period by the Legislative Policy Committee, the Governor may transfer funds by budget amendment from the Account to the expenditure accounts of the appropriate unit of State government.        (2)    If the federal government is in a full or partial shutdown due to a lapse in appropriations, after a 2–day review and comment period by the Legislative Policy Committee, the Governor may transfer funds by budget amendment from the Account to the Federal Government Shutdown Employee Assistance Loan Fund established under § 7–327 of this subtitle.    (e)    Funds appropriated to the Catastrophic Event Account:        (1)    may not be used to offset operating deficiencies in regular programs of State government; but        (2)    may be expended to assist a unit of State government in funding costs in connection with a natural disaster, a catastrophic situation, or a full or partial federal government shutdown due to a lapse in appropriations.    (f)    (1)    The Account is a continuing, nonlapsing fund which is not subject to § 7–302 of this subtitle.        (2)    The Treasurer shall separately hold, and the Comptroller shall account for, the Account.        (3)    The Account shall be invested and reinvested in the same manner as other State funds.        (4)    Any investment earnings shall be subject to § 7–311(d) of this subtitle.    (g)    Money appropriated to the Account does not revert to the Revenue Stabilization Account.