Md. Code, State Fin. & Proc. § 17-602

Current with changes from the 2024 legislative session from Chs. 2 through 1049, effective on or before 6/1/2024
Section 17-602 - State Apprenticeship Training Fund
(a) There is a State Apprenticeship Training Fund in the Department.
(b) The Fund consists of:
(1) payments made by contractors or subcontractors in accordance with this subtitle and Subtitle 6A of this title; and
(2) penalties collected as a result of violations of this subtitle and Subtitle 6A of this title.
(c) The Fund is a special, nonlapsing fund that is not subject to § 7-302 of this article.
(d) The State Treasurer shall hold the Fund separately, and the Comptroller shall account for the Fund.
(e) The Secretary shall use money in the Fund to:
(1) promote preapprenticeship programs and other workforce development programs in the State's public secondary schools and community colleges that assist students in preparing for and entering apprenticeship training programs; and
(2) pay any costs associated with carrying out the provisions of this subtitle and Subtitle 6A of this title.

Md. Code, SF § 17-602

Amended by 2017 Md. Laws, Ch. 782,Sec. 1, eff. 6/1/2017.