(a) There is a Community Program Fund. (b) The purpose of the Fund is to assist: (1) local law enforcement agencies in establishing community programs; and (2) agencies of a local government in establishing violence intervention programs. (c) The Executive Director shall administer the Fund. (d) (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, in conjunction with the Executive Director. (e) (1) The Fund consists of: (i) money appropriated in the State budget to the Fund; (ii) investment earnings of the Fund; and (iii) money from any other source accepted for the benefit of the Fund. (2) For fiscal year 2018 and each fiscal year thereafter, the Governor shall include in the annual budget bill an appropriation to the Fund of $500,000. (f) (1) The Fund may be used only to make grants as provided under this subtitle. (2) The Fund may not be used for administrative expenses. (g) (1) The State Treasurer shall invest the money of the Fund in the same manner as other State money may be invested. (2) Any investment earnings of the Fund shall be paid into the Fund.
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