Title 13. Miscellaneous Health Care Programs — Subtitle 30. Cord Blood Transplant Program

In this subtitle the following words have the meanings indicated.

“Cord blood transplant center” means a medical facility that uses cells obtained from a human umbilical cord or placenta to treat pediatric or adult patients afflicted with a disease or injury.

“Fund” means the Cord Blood Transplant Center Support Fund.

“Qualified medical institution” means a medical institution accredited by the Joint Commission on Accreditation of Health Care Organizations that:

There is a Cord Blood Transplant Program in the Department.

The purpose of the Cord Blood Transplant Program is to provide funding, subject to the limitations of the State budget, to qualified medical institutions to establish or maintain a cord blood transplant center.

There is a Cord Blood Transplant Center Support Fund.

The purpose of the Fund is to promote economic development by supporting cord blood transplant centers at qualified medical institutions with a goal of being recognized as a regional center of excellence in the area of cord blood transplantation.

The Department shall administer the Fund.

The Fund is a special, nonlapsing fund that is not subject to § 7–302 of the State Finance and Procurement Article.

The State Treasurer shall hold the Fund separately, and the Comptroller shall account for the Fund.

The Fund consists of:

The Fund may be used only for the establishment of or support for a cord blood transplant center at a qualified medical institution.

Expenditures from the Fund may be made only in accordance with the State budget.

A qualified medical institution may apply for a grant from the Fund each year.

The Department shall adopt regulations to administer the Fund in accordance with the purposes of this subtitle.