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<section article="gle" article_name="Labor and Employment" number="11-1302" title_number="11" title_name="Division of Workforce Development and Adult Learning" subtitle_number="13" subtitle_name="Construction Education and Innovation Fund">
  <level label="a">
    <text>There is a Construction Education and Innovation Fund.</text>
  </level>
  <level label="b">
    <text>The Center shall administer the Fund.</text>
  </level>
  <level label="c">
    <level label="1">
      <text>The Fund is a special, nonlapsing revolving fund that is not subject to § 7–302 of the State Finance and Procurement Article.</text>
    </level>
    <level label="2">
      <text>The Treasurer shall hold the Fund separately, and the Comptroller shall account for the Fund.</text>
    </level>
  </level>
  <level label="d">
    <text>The Fund consists of:</text>
    <level label="1">
      <text>money appropriated in the State budget to the Fund;</text>
    </level>
    <level label="2">
      <text>money made available to the Fund through federal programs or private contributions;</text>
    </level>
    <level label="3">
      <text>money derived by the Center; or</text>
    </level>
    <level label="4">
      <text>any other money made available to the Center for the Fund.</text>
    </level>
  </level>
  <level label="e">
    <level label="1">
      <text>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.</text>
    </level>
    <level label="2">
      <text>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.</text>
    </level>
  </level>
  <level label="f">
    <text>The Fund may be used only to support the purposes of the Center.</text>
  </level>
  <level label="g">
    <level label="1">
      <text>The Treasurer shall invest money in the Fund in the same manner as other State money may be invested.</text>
    </level>
    <level label="2">
      <text>Any investment earnings of the Fund shall be paid into the Fund.</text>
    </level>
  </level>
</section>
