(a) In this section, “Fund” means the Maryland Police Training and Standards Commission Fund.
(b) There is a Maryland Police Training and Standards Commission Fund.
(c) The purpose of the Fund is to provide funding for activities and training by the Commission.
(d) The Department shall administer the Fund.
(e) (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.
(f) The Fund consists of:
(1) revenue distributed to the Fund under § 7–301 of the Courts Article;
(2) money appropriated in the State budget to the Fund;
(3) interest earnings of the Fund; and
(4) any other money from any other source accepted for the benefit of the Fund.
(g) The Fund may be used only to provide funding to the Commission.
(h) (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 Fund.
(i) (1) Expenditures from the Fund may be made only in accordance with the State budget.
(2) Money distributed from the Fund shall be used to supplement, but not supplant, any other funding for the Commission.
(j) The Fund shall be subject to audit by the Legislative Auditor as provided in § 2–1220 of the State Government Article.
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