Maryland Code § SF-6-225

Section SF-6-225
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(a) Notwithstanding any other provision of law, the Treasurer may invest
or reinvest State money in any obligation that the Maryland Higher Education Loan
Corporation guarantees if:
(1) a financial institution holds the obligation; and
(2) the Governor approves the financial institution.
(b) (1) The Treasurer may set the conditions of the investment or
reinvestment, including the term and any service charge.
(2) The investments and reinvestments under this section may not
exceed:
(i) for any 1 obligation, 80% of its principal;
(ii) for any 1 financial institution, the amount by which its
holdings in the obligations exceed 1% of the total deposits of the financial institution;
and
(iii) for all obligations, $10,000,000.
(c) If the Treasurer invests or reinvests in an obligation under this section,
the financial institution that holds the obligation is the collecting agent of the State
for the investment or reinvestment.
§6-226. IN EFFECT

(a) (1) Except as otherwise specifically provided by law or by regulation
of the Treasurer, the Treasurer shall credit to the General Fund any interest on or
other income from State money that the Treasurer invests.
(2) (i) This paragraph does not apply in fiscal years 2024 through
2028.
(ii) Notwithstanding any other provision of law, and unless
inconsistent with a federal law, grant agreement, or other federal requirement or
with the terms of a gift or settlement agreement, net interest on all State money
allocated by the State Treasurer under this section to special funds or accounts, and
otherwise entitled to receive interest earnings, as accounted for by the Comptroller,
shall accrue to the General Fund of the State.
(iii) The provisions of subparagraph (ii) of this paragraph do
not apply to the following funds:
1. Maryland Housing Loan Funds of 1976, 1978, 1979,
and 1984;
2. Microsoft Cost Share Fund;
3. Subsequent Injury Fund;
4. Uninsured Employers' Fund;
5. Jane E. Lawton Conservation Loan Program;
6. Energy Overcharge Restitution Fund;
7. PEPCO/Connectiv Settlement Fund;
8. Baseball Capital Improvements Fund;
9. State Victims of Crime Fund;
10. Juvenile Accountability Incentive Block Grant
Fund;
11. Victim and Witness Protection and Relocation Fund;
12. Unclaimed Restitution - Victims of Crime;
13. Justice Assistance Grant;

14. Byrne Justice Assistance Grant;
15. Maryland Election Modernization Fund;
16. Scriven Estate Fund;
17. Volunteer Company Assistance Fund;
18. Radoff Memorial Fund;
19. Archives Endowment Account within the Archives
Fund;
20. Ellefson Endowment Fund;
21. Albert C. Ritchie Memorial Fund;
22. Senior Prescription Drug Assistance Program Fund;
23. Fair Campaign Financing Fund;
24. State Employees and Retirees Health and Welfare
Benefits Fund;
25. Major Information Technology Development Project
Fund;
26. State Retirement Agency Funds;
27. Postretirement Health Benefits Trust Fund;
28. Maryland Emergency Medical System Operations
Fund;
29. State Wildlife Management and Protection Fund;
30. Fisheries Management and Protection Fund;
31. Ocean Beach Replenishment Fund;
32. Community Services Trust Fund;
33. Waiting List Equity Fund;

34. Health Care Coverage Fund;
35. Health Services Cost Review Commission Fund;
36. Hospital Uncompensated Care Fund;
37. funds in the accounts of Morgan State University;
38. funds in the accounts of St. Mary's College of
Maryland;
39. funds in the accounts of the University System of
Maryland;
40. Maryland Prepaid College Trust Fund;
41. Nurse Support Program Assistance Fund;
42. funds in the accounts of the Baltimore City
Community College;
43. Education Trust Fund;
44. Section 8 construction and administration funds
administered by the Department of Housing and Community Development;
45. MacArthur Grant Fund;
46. all special funds within the Department of
Commerce;
47. Maryland Water Quality Revolving Loan Fund;
48. Maryland Drinking Water Revolving Loan Fund;
49. Bay Restoration Fund;
50. Migratory Game Bird Fund;
51. Deer Stamp Fund;
52. Wildlife Habitat Incentive Fund;

53. Fisheries Research and Development Fund;
54. Strategic Energy Investment Fund;
55. Criminal Injuries Compensation Fund;
56. 50% of the interest from the 9-1-1 Trust Fund;
57. all accounts within the State Reserve Fund;
58. local revenue accounts collected by the Judiciary;
59. Assistive Technology Loan Fund;
60. Veterans Trust Fund;
61. Transportation Trust Fund;
62. Foreclosed Property Registry Fund;
63. Asbestos Worker Protection Fund;
64. Maryland Innovation Initiative Fund;
65. Family Security Trust Fund, subject to § 7-4A-03(d)
of the Health Occupations Article;
66. Baltimore City Community Enhancement Transit-
Oriented Development Fund;
67. the Maryland Legal Services Corporation Fund;
68. Mortgage Loan Servicing Practices Settlement
Fund;
69. Maryland Offshore Wind Business Development
Fund;
70. the Maryland First Scholarship Fund;
71. Natalie M. LaPrade Medical Cannabis Commission
Fund;
72. the Spay/Neuter Fund;

73. State Brain Injury Trust Fund;
74. the Baltimore City Public School Construction
Facilities Fund;
75. the Baltimore City Public School Construction
Financing Fund;
76. the Prekindergarten Expansion Fund;
77. the Energy-Efficient Homes Construction Fund;
78. the Maryland E-Nnovation Initiative Fund;
79. the Innovation Investment Fund;
80. the Regional Advanced Manufacturing Partnership
of Maryland Fund;
81. the Newborn Screening Program Fund;
82. the Economic Development Marketing Fund;
83. the Uniformed Services Personnel and Veteran-
Owned Small Business No-Interest Loan Fund;
84. the Baltimore Regional Neighborhood Initiative
Program Fund;
85. the Strategic Demolition and Smart Growth Impact
Fund;
86. the Seed Community Development Anchor
Institution Fund;
87. the Next Generation Scholars of Maryland Program
Fund;
88. the Construction Education and Innovation Fund;
89. the Uninsured Motorist Education and Enforcement
Fund;

90. the Performance Incentive Grant Fund;
91. the Internet Crimes Against Children Task Force
Fund;
92. the Community Program Fund;
93. the Addiction Treatment Divestiture Fund;
94. the Maryland Energy Innovation Fund;
95. the State Lakes Protection and Restoration Fund;
96. the National Capital Strategic Economic
Development Fund;
97. the Advance Directive Program Fund;
98. the Make Office Vacancies Extinct Matching Fund;
99. the Blueprint for Maryland's Future Fund;
100. the School Construction Revolving Loan Fund;
101. the Safe Schools Fund;
102. the Maryland Violence Intervention and Prevention
Program Fund;
103. the Computing Education and Professional
Development Fund;
104. the Maryland Prenatal and Infant Care Grant
Program Fund;
105. the Healthy School Facility Fund;
106. the Natalie M. LaPrade Medical Cannabis
Compassionate Use Fund;
107. the Maryland Police Training and Standards
Commission Fund;
108. the Pretrial Services Program Grant Fund;

109. the Supplemental Facilities Fund;
110. the Hemp Farming Fund;
111. the Prince George's County Public-Private
Partnership Fund;
112. the Zero-Emission Vehicle School Bus Transition
Fund;
113. the Rape Kit Testing Grant Fund;
114. the Pedestrian Safety Fund;
115. the Legal Representation Fund for Title IX
Proceedings;
116. the Student Peer Mediation Program Fund;
117. the Markell Hendricks Youth Crime Prevention and
Diversion Parole Fund;
118. the Federal Government Employee Assistance Loan
Fund;
119. the Racing and Community Development Financing
Fund;
120. the Racing and Community Development Facilities
Fund;
121. the Supplemental Public School Construction
Facilities Fund;
122. the Supplemental Public School Construction
Financing Fund;
123. the Nancy K. Kopp Public School Facilities Priority
Fund;
124. the Prescription Drug Affordability Fund;

125. the Maryland Small Business Innovation Research
and Technology Transfer Incentive Matching Fund;
126. the Michael Erin Busch Sports Fund;
127. the Coordinated Community Supports Partnership
Fund;
128. the Opioid Restitution Fund;
129. the Historically Black Colleges and Universities
Reserve Fund;
130. the Rural Broadband Assistance Fund;
131. the Digital Inclusion Fund;
132. the Digital Connectivity Fund;
133. the K-9 Compassionate Care Fund;
134. the Maternal and Child Health Population Health
Improvement Fund;
135. the Inclusion Fund;
136. the Regional Institution Strategic Enterprise Fund;
137. the Hagerstown Multi-Use Sports and Events
Facility Fund;
138. the Pre-Seed Builder Fund;
139. the Resilient Maryland Revolving Loan Fund;
140. the Notary Public Fund;
141. the Health Equity Resource Community Reserve
Fund;
142. the Access to Counsel in Evictions Special Fund;
143. the Homeowner Protection Fund;

144. the Maggie McIntosh School Arts Fund;
145. the Climate Catalytic Capital Fund;
146. the Park System Critical Maintenance Fund;
147. the Park System Capital Improvements and
Acquisition Fund;
148. the Great Maryland Outdoors Fund;
149. the Abortion Care Clinical Training Program Fund;
150. the Sports Entertainment Facilities Financing
Fund;
151. the Major Sports and Entertainment Event Program
Fund;
152. the Prince George's County Blue Line Corridor
Facility Fund;
153. the Senator George C. Edwards Fund;
154. the 9-8-8 Trust Fund;
155. the Maryland AIDS Drug Assistance Program Fund;
156. the Local Cybersecurity Support Fund;
157. the Maryland Loan Assistance Repayment Program
Fund for Nurses and Nursing Support Staff;
158. the Maryland Makerspace Initiative Fund;
159. the Sustainable Maryland Program Fund;
160. the On-Site Wastewater Professionals Fund;
161. the Child Care Capital Support Revolving Loan
Fund;
162. the Maryland New Start Pilot Microloan Program
Fund;

163. the Department of General Services Broker Rebate
Fee Fund;
164. the Patient Safety Center Fund;
165. the False Claims Fund;
166. the Resiliency Hub Grant Program Fund;
167. the Family and Medical Leave Insurance Fund;
168. the Cannabis Business Assistance Fund;
169. the Cannabis Public Health Fund;
170. the Community Reinvestment and Repair Fund;
171. the Young Adult Service Year Option Pathway
Fund;
172. the Maryland Service Year Option Pathway Fund;
173. the Camden Yards Baseball Sports Facility
Supplemental Financing Fund;
174. the Camden Yards Football Sports Facility
Supplemental Financing Fund;
175. the Bus Rapid Transit Fund;
176. the Cannabis Regulation and Enforcement Fund;
177. the Medical Cannabis Compassionate Use Fund;
178. the Behavioral Health Workforce Investment Fund;
179. the Build Our Future Grant Fund;
180. the Human-Relevant Research Fund;
181. the Equitech Growth Fund;
182. the Maryland Forestry Education Fund;

183. the Transit-Oriented Development Capital Grant
and Revolving Loan Fund;
184. the Local Land Trust Revolving Loan Fund;
185. the State Disaster Recovery Fund;
186. the Black Bass Conservation Fund;
187. the Non-Depository Special Fund;
188. the Teacher Retention and Development Fund;
189. the Protecting Against Hate Crimes Grant Fund;
190. the Fallen Transportation Workers Scholarship
Fund;
191. the Maryland Geological Survey Fund;
192. the Access to Attorneys, Advocates, and Consultants
for Special Education Fund;
193. the Rental Assistance for Community School
Families Fund;
194. the Community Health and Safety Works Grant
Program Fund;
195. the Camden Yards Football Sports Facility Capital
Works Fund;
196. the Camden Yards Football Sports Facility
Emergency Repair Fund;
197. the ENOUGH Grant Fund;
198. the Talent Innovation Fund;
199. the Climate Technology Founder's Fund;
200. the Whole Watershed Fund;

201. the Radiation Emergency Response Fund;
202. the Victims of Domestic Violence Program Grant
Fund;
203. the Proposed Programs Collaborative Grant Fund;
204. the Maryland Pay Per Apprentice Program Fund;
205. the West North Avenue Development Authority
Fund;
206. the Academic Excellence Fund;
207. the Abandoned and Neglected Cemeteries Fund;
208. the Assistive Technology Services Fund;
209. the Private Dam Repair Fund;
210. the Public Health Abortion Grant Program Fund;
211. the Natural Resources Property Maintenance Fund;
212. the Department of Social and Economic Mobility
Special Fund; and
213. the Population Health Improvement Fund.
(b) (1) Notwithstanding any other provision of law, the Treasurer may
invest separately or commingled in 1 or more pools amounts to be invested by law or
regulation for State agencies.
(2) The Treasurer shall allocate net earnings on amounts
commingled in a pool to the appropriate State agencies entitled to receive interest
earnings under subsection (a) of this section.
§6-226. // EFFECTIVE JUNE 30, 2027 PER CHAPTERS 111, 430, AND 431 OF
2023 //
// EFFECTIVE UNTIL JUNE 30, 2028 PER CHAPTER 364 OF 2021 //

(a) (1) Except as otherwise specifically provided by law or by regulation
of the Treasurer, the Treasurer shall credit to the General Fund any interest on or
other income from State money that the Treasurer invests.
(2) (i) This paragraph does not apply in fiscal years 2024 through
2028.
(ii) Notwithstanding any other provision of law, and unless
inconsistent with a federal law, grant agreement, or other federal requirement or
with the terms of a gift or settlement agreement, net interest on all State money
allocated by the State Treasurer under this section to special funds or accounts, and
otherwise entitled to receive interest earnings, as accounted for by the Comptroller,
shall accrue to the General Fund of the State.
(iii) The provisions of subparagraph (ii) of this paragraph do
not apply to the following funds:
1. Maryland Housing Loan Funds of 1976, 1978, 1979,
and 1984;
2. Microsoft Cost Share Fund;
3. Subsequent Injury Fund;
4. Uninsured Employers' Fund;
5. Jane E. Lawton Conservation Loan Program;
6. Energy Overcharge Restitution Fund;
7. PEPCO/Connectiv Settlement Fund;
8. Baseball Capital Improvements Fund;
9. State Victims of Crime Fund;
10. Juvenile Accountability Incentive Block Grant
Fund;
11. Victim and Witness Protection and Relocation Fund;
12. Unclaimed Restitution - Victims of Crime;
13. Justice Assistance Grant;

14. Byrne Justice Assistance Grant;
15. Maryland Election Modernization Fund;
16. Scriven Estate Fund;
17. Volunteer Company Assistance Fund;
18. Radoff Memorial Fund;
19. Archives Endowment Account within the Archives
Fund;
20. Ellefson Endowment Fund;
21. Albert C. Ritchie Memorial Fund;
22. Senior Prescription Drug Assistance Program Fund;
23. Fair Campaign Financing Fund;
24. State Employees and Retirees Health and Welfare
Benefits Fund;
25. Major Information Technology Development Project
Fund;
26. State Retirement Agency Funds;
27. Postretirement Health Benefits Trust Fund;
28. Maryland Emergency Medical System Operations
Fund;
29. State Wildlife Management and Protection Fund;
30. Fisheries Management and Protection Fund;
31. Ocean Beach Replenishment Fund;
32. Community Services Trust Fund;
33. Waiting List Equity Fund;

34. Health Care Coverage Fund;
35. Health Services Cost Review Commission Fund;
36. Hospital Uncompensated Care Fund;
37. funds in the accounts of Morgan State University;
38. funds in the accounts of St. Mary's College of
Maryland;
39. funds in the accounts of the University System of
Maryland;
40. Maryland Prepaid College Trust Fund;
41. Nurse Support Program Assistance Fund;
42. funds in the accounts of the Baltimore City
Community College;
43. Education Trust Fund;
44. Section 8 construction and administration funds
administered by the Department of Housing and Community Development;
45. MacArthur Grant Fund;
46. all special funds within the Department of
Commerce;
47. Maryland Water Quality Revolving Loan Fund;
48. Maryland Drinking Water Revolving Loan Fund;
49. Bay Restoration Fund;
50. Migratory Game Bird Fund;
51. Deer Stamp Fund;
52. Wildlife Habitat Incentive Fund;

53. Fisheries Research and Development Fund;
54. Strategic Energy Investment Fund;
55. Criminal Injuries Compensation Fund;
56. 50% of the interest from the 9-1-1 Trust Fund;
57. all accounts within the State Reserve Fund;
58. local revenue accounts collected by the Judiciary;
59. Assistive Technology Loan Fund;
60. Veterans Trust Fund;
61. Transportation Trust Fund;
62. Foreclosed Property Registry Fund;
63. Asbestos Worker Protection Fund;
64. Maryland Innovation Initiative Fund;
65. Family Security Trust Fund, subject to § 7-4A-03(d)
of the Health Occupations Article;
66. Baltimore City Community Enhancement Transit-
Oriented Development Fund;
67. the Maryland Legal Services Corporation Fund;
68. Mortgage Loan Servicing Practices Settlement
Fund;
69. Maryland Offshore Wind Business Development
Fund;
70. the Maryland First Scholarship Fund;
71. Natalie M. LaPrade Medical Cannabis Commission
Fund;
72. the Spay/Neuter Fund;

73. State Brain Injury Trust Fund;
74. the Baltimore City Public School Construction
Facilities Fund;
75. the Baltimore City Public School Construction
Financing Fund;
76. the Prekindergarten Expansion Fund;
77. the Energy-Efficient Homes Construction Fund;
78. the Maryland E-Nnovation Initiative Fund;
79. the Innovation Investment Fund;
80. the Regional Advanced Manufacturing Partnership
of Maryland Fund;
81. the Newborn Screening Program Fund;
82. the Economic Development Marketing Fund;
83. the Uniformed Services Personnel and Veteran-
Owned Small Business No-Interest Loan Fund;
84. the Baltimore Regional Neighborhood Initiative
Program Fund;
85. the Strategic Demolition and Smart Growth Impact
Fund;
86. the Seed Community Development Anchor
Institution Fund;
87. the Next Generation Scholars of Maryland Program
Fund;
88. the Construction Education and Innovation Fund;
89. the Uninsured Motorist Education and Enforcement
Fund;

90. the Performance Incentive Grant Fund;
91. the Internet Crimes Against Children Task Force
Fund;
92. the Community Program Fund;
93. the Addiction Treatment Divestiture Fund;
94. the Maryland Energy Innovation Fund;
95. the State Lakes Protection and Restoration Fund;
96. the National Capital Strategic Economic
Development Fund;
97. the Advance Directive Program Fund;
98. the Make Office Vacancies Extinct Matching Fund;
99. the Blueprint for Maryland's Future Fund;
100. the School Construction Revolving Loan Fund;
101. the Safe Schools Fund;
102. the Maryland Violence Intervention and Prevention
Program Fund;
103. the Computing Education and Professional
Development Fund;
104. the Maryland Prenatal and Infant Care Grant
Program Fund;
105. the Healthy School Facility Fund;
106. the Natalie M. LaPrade Medical Cannabis
Compassionate Use Fund;
107. the Maryland Police Training and Standards
Commission Fund;
108. the Pretrial Services Program Grant Fund;

109. the Supplemental Facilities Fund;
110. the Hemp Farming Fund;
111. the Prince George's County Public-Private
Partnership Fund;
112. the Zero-Emission Vehicle School Bus Transition
Fund;
113. the Rape Kit Testing Grant Fund;
114. the Pedestrian Safety Fund;
115. the Legal Representation Fund for Title IX
Proceedings;
116. the Student Peer Mediation Program Fund;
117. the Markell Hendricks Youth Crime Prevention and
Diversion Parole Fund;
118. the Federal Government Employee Assistance Loan
Fund;
119. the Racing and Community Development Financing
Fund;
120. the Racing and Community Development Facilities
Fund;
121. the Supplemental Public School Construction
Facilities Fund;
122. the Supplemental Public School Construction
Financing Fund;
123. the Nancy K. Kopp Public School Facilities Priority
Fund;
124. the Prescription Drug Affordability Fund;

125. the Maryland Small Business Innovation Research
and Technology Transfer Incentive Matching Fund;
126. the Michael Erin Busch Sports Fund;
127. the Coordinated Community Supports Partnership
Fund;
128. the Opioid Restitution Fund;
129. the Historically Black Colleges and Universities
Reserve Fund;
130. the Rural Broadband Assistance Fund;
131. the Digital Inclusion Fund;
132. the Digital Connectivity Fund;
133. the K-9 Compassionate Care Fund;
134. the Maternal and Child Health Population Health
Improvement Fund;
135. the Inclusion Fund;
136. the Regional Institution Strategic Enterprise Fund;
137. the Hagerstown Multi-Use Sports and Events
Facility Fund;
138. the Pre-Seed Builder Fund;
139. the Resilient Maryland Revolving Loan Fund;
140. the Notary Public Fund;
141. the Health Equity Resource Community Reserve
Fund;
142. the Access to Counsel in Evictions Special Fund;
143. the Homeowner Protection Fund;

144. the Maggie McIntosh School Arts Fund;
145. the Climate Catalytic Capital Fund;
146. the Park System Critical Maintenance Fund;
147. the Park System Capital Improvements and
Acquisition Fund;
148. the Great Maryland Outdoors Fund;
149. the Abortion Care Clinical Training Program Fund;
150. the Sports Entertainment Facilities Financing
Fund;
151. the Major Sports and Entertainment Event Program
Fund;
152. the Prince George's County Blue Line Corridor
Facility Fund;
153. the Senator George C. Edwards Fund;
154. the 9-8-8 Trust Fund;
155. the Maryland AIDS Drug Assistance Program Fund;
156. the Local Cybersecurity Support Fund;
157. the Maryland Loan Assistance Repayment Program
Fund for Nurses and Nursing Support Staff;
158. the Maryland Makerspace Initiative Fund;
159. the Sustainable Maryland Program Fund;
160. the On-Site Wastewater Professionals Fund;
161. the Child Care Capital Support Revolving Loan
Fund;
162. the Maryland New Start Pilot Microloan Program
Fund;

163. the Department of General Services Broker Rebate
Fee Fund;
164. the Patient Safety Center Fund;
165. the False Claims Fund;
166. the Resiliency Hub Grant Program Fund;
167. the Family and Medical Leave Insurance Fund;
168. the Cannabis Business Assistance Fund;
169. the Cannabis Public Health Fund;
170. the Community Reinvestment and Repair Fund;
171. the Young Adult Service Year Option Pathway
Fund;
172. the Maryland Service Year Option Pathway Fund;
173. the Camden Yards Baseball Sports Facility
Supplemental Financing Fund;
174. the Camden Yards Football Sports Facility
Supplemental Financing Fund;
175. the Bus Rapid Transit Fund;
176. the Cannabis Regulation and Enforcement Fund;
177. the Medical Cannabis Compassionate Use Fund;
178. the Behavioral Health Workforce Investment Fund;
179. the Human-Relevant Research Fund;
180. the Equitech Growth Fund;
181. the Maryland Forestry Education Fund;

182. the Transit-Oriented Development Capital Grant
and Revolving Loan Fund;
183. the Local Land Trust Revolving Loan Fund;
184. the State Disaster Recovery Fund;
185. the Black Bass Conservation Fund;
186. the Non-Depository Special Fund;
187. the Teacher Retention and Development Fund;
188. the Protecting Against Hate Crimes Grant Fund;
189. the Fallen Transportation Workers Scholarship
Fund;
190. the Maryland Geological Survey Fund;
191. the Access to Attorneys, Advocates, and Consultants
for Special Education Fund;
192. the Rental Assistance for Community School
Families Fund;
193. the Community Health and Safety Works Grant
Program Fund;
194. the Camden Yards Football Sports Facility Capital
Works Fund;
195. the Camden Yards Football Sports Facility
Emergency Repair Fund;
196. the ENOUGH Grant Fund;
197. the Talent Innovation Fund;
198. the Climate Technology Founder's Fund;
199. the Whole Watershed Fund;
200. the Radiation Emergency Response Fund;

201. the Victims of Domestic Violence Program Grant
Fund;
202. the Proposed Programs Collaborative Grant Fund;
203. the Maryland Pay Per Apprentice Fund;
204. the West North Avenue Development Authority
Fund;
205. the Academic Excellence Fund;
206. the Abandoned and Neglected Cemeteries Fund;
207. the Assistive Technology Services Fund;
208. the Private Dam Repair Fund;
209. the Public Health Abortion Grant Program Fund;
210. the Natural Resources Property Maintenance Fund;
211. the Department of Social and Economic Mobility
Special Fund; and
212. the Population Health Improvement Fund.
(b) (1) Notwithstanding any other provision of law, the Treasurer may
invest separately or commingled in 1 or more pools amounts to be invested by law or
regulation for State agencies.
(2) The Treasurer shall allocate net earnings on amounts
commingled in a pool to the appropriate State agencies entitled to receive interest
earnings under subsection (a) of this section.
§6-226. // EFFECTIVE JUNE 30, 2028 PER CHAPTER 364 OF 2021 //
// EFFECTIVE UNTIL SEPTEMBER 30, 2028 PER CHAPTER 322 OF 2022 //
(a) (1) Except as otherwise specifically provided by law or by regulation
of the Treasurer, the Treasurer shall credit to the General Fund any interest on or
other income from State money that the Treasurer invests.

(2) (i) This paragraph does not apply in fiscal years 2024 through
2028.
(ii) Notwithstanding any other provision of law, and unless
inconsistent with a federal law, grant agreement, or other federal requirement or
with the terms of a gift or settlement agreement, net interest on all State money
allocated by the State Treasurer under this section to special funds or accounts, and
otherwise entitled to receive interest earnings, as accounted for by the Comptroller,
shall accrue to the General Fund of the State.
(iii) The provisions of subparagraph (ii) of this paragraph do
not apply to the following funds:
1. Maryland Housing Loan Funds of 1976, 1978, 1979,
and 1984;
2. Microsoft Cost Share Fund;
3. Subsequent Injury Fund;
4. Uninsured Employers' Fund;
5. Jane E. Lawton Conservation Loan Program;
6. Energy Overcharge Restitution Fund;
7. PEPCO/Connectiv Settlement Fund;
8. Baseball Capital Improvements Fund;
9. State Victims of Crime Fund;
10. Juvenile Accountability Incentive Block Grant
Fund;
11. Victim and Witness Protection and Relocation Fund;
12. Unclaimed Restitution - Victims of Crime;
13. Justice Assistance Grant;
14. Byrne Justice Assistance Grant;

15. Maryland Election Modernization Fund;
16. Scriven Estate Fund;
17. Volunteer Company Assistance Fund;
18. Radoff Memorial Fund;
19. Archives Endowment Account within the Archives
Fund;
20. Ellefson Endowment Fund;
21. Albert C. Ritchie Memorial Fund;
22. Senior Prescription Drug Assistance Program Fund;
23. Fair Campaign Financing Fund;
24. State Employees and Retirees Health and Welfare
Benefits Fund;
25. Major Information Technology Development Project
Fund;
26. State Retirement Agency Funds;
27. Postretirement Health Benefits Trust Fund;
28. Maryland Emergency Medical System Operations
Fund;
29. State Wildlife Management and Protection Fund;
30. Fisheries Management and Protection Fund;
31. Ocean Beach Replenishment Fund;
32. Community Services Trust Fund;
33. Waiting List Equity Fund;
34. Health Care Coverage Fund;

35. Health Services Cost Review Commission Fund;
36. Hospital Uncompensated Care Fund;
37. funds in the accounts of Morgan State University;
38. funds in the accounts of St. Mary's College of
Maryland;
39. funds in the accounts of the University System of
Maryland;
40. Maryland Prepaid College Trust Fund;
41. Nurse Support Program Assistance Fund;
42. funds in the accounts of the Baltimore City
Community College;
43. Education Trust Fund;
44. Section 8 construction and administration funds
administered by the Department of Housing and Community Development;
45. MacArthur Grant Fund;
46. all special funds within the Department of
Commerce;
47. Maryland Water Quality Revolving Loan Fund;
48. Maryland Drinking Water Revolving Loan Fund;
49. Bay Restoration Fund;
50. Migratory Game Bird Fund;
51. Deer Stamp Fund;
52. Wildlife Habitat Incentive Fund;
53. Fisheries Research and Development Fund;
54. Strategic Energy Investment Fund;

55. Criminal Injuries Compensation Fund;
56. 50% of the interest from the 9-1-1 Trust Fund;
57. all accounts within the State Reserve Fund;
58. local revenue accounts collected by the Judiciary;
59. Assistive Technology Loan Fund;
60. Veterans Trust Fund;
61. Transportation Trust Fund;
62. Foreclosed Property Registry Fund;
63. Asbestos Worker Protection Fund;
64. Maryland Innovation Initiative Fund;
65. Family Security Trust Fund, subject to § 7-4A-03(d)
of the Health Occupations Article;
66. Baltimore City Community Enhancement Transit-
Oriented Development Fund;
67. the Maryland Legal Services Corporation Fund;
68. Mortgage Loan Servicing Practices Settlement
Fund;
69. Maryland Offshore Wind Business Development
Fund;
70. the Maryland First Scholarship Fund;
71. Natalie M. LaPrade Medical Cannabis Commission
Fund;
72. the Spay/Neuter Fund;
73. State Brain Injury Trust Fund;

74. the Baltimore City Public School Construction
Facilities Fund;
75. the Baltimore City Public School Construction
Financing Fund;
76. the Prekindergarten Expansion Fund;
77. the Energy-Efficient Homes Construction Fund;
78. the Maryland E-Nnovation Initiative Fund;
79. the Innovation Investment Fund;
80. the Regional Advanced Manufacturing Partnership
of Maryland Fund;
81. the Newborn Screening Program Fund;
82. the Economic Development Marketing Fund;
83. the Uniformed Services Personnel and Veteran-
Owned Small Business No-Interest Loan Fund;
84. the Baltimore Regional Neighborhood Initiative
Program Fund;
85. the Strategic Demolition and Smart Growth Impact
Fund;
86. the Seed Community Development Anchor
Institution Fund;
87. the Next Generation Scholars of Maryland Program
Fund;
88. the Construction Education and Innovation Fund;
89. the Uninsured Motorist Education and Enforcement
Fund;
90. the Performance Incentive Grant Fund;

91. the Internet Crimes Against Children Task Force
Fund;
92. the Community Program Fund;
93. the Addiction Treatment Divestiture Fund;
94. the Maryland Energy Innovation Fund;
95. the State Lakes Protection and Restoration Fund;
96. the National Capital Strategic Economic
Development Fund;
97. the Advance Directive Program Fund;
98. the Make Office Vacancies Extinct Matching Fund;
99. the Blueprint for Maryland's Future Fund;
100. the School Construction Revolving Loan Fund;
101. the Safe Schools Fund;
102. the Maryland Violence Intervention and Prevention
Program Fund;
103. the Computing Education and Professional
Development Fund;
104. the Maryland Prenatal and Infant Care Grant
Program Fund;
105. the Healthy School Facility Fund;
106. the Natalie M. LaPrade Medical Cannabis
Compassionate Use Fund;
107. the Maryland Police Training and Standards
Commission Fund;
108. the Supplemental Facilities Fund;
109. the Hemp Farming Fund;

110. the Prince George's County Public-Private
Partnership Fund;
111. the Zero-Emission Vehicle School Bus Transition
Fund;
112. the Rape Kit Testing Grant Fund;
113. the Pedestrian Safety Fund;
114. the Legal Representation Fund for Title IX
Proceedings;
115. the Student Peer Mediation Program Fund;
116. the Markell Hendricks Youth Crime Prevention and
Diversion Parole Fund;
117. the Federal Government Employee Assistance Loan
Fund;
118. the Racing and Community Development Financing
Fund;
119. the Racing and Community Development Facilities
Fund;
120. the Supplemental Public School Construction
Facilities Fund;
121. the Supplemental Public School Construction
Financing Fund;
122. the Nancy K. Kopp Public School Facilities Priority
Fund;
123. the Prescription Drug Affordability Fund;
124. the Maryland Small Business Innovation Research
and Technology Transfer Incentive Matching Fund;
125. the Michael Erin Busch Sports Fund;

126. the Coordinated Community Supports Partnership
Fund;
127. the Opioid Restitution Fund;
128. the Historically Black Colleges and Universities
Reserve Fund;
129. the Rural Broadband Assistance Fund;
130. the Digital Inclusion Fund;
131. the Digital Connectivity Fund;
132. the K-9 Compassionate Care Fund;
133. the Maternal and Child Health Population Health
Improvement Fund;
134. the Inclusion Fund;
135. the Regional Institution Strategic Enterprise Fund;
136. the Hagerstown Multi-Use Sports and Events
Facility Fund;
137. the Pre-Seed Builder Fund;
138. the Resilient Maryland Revolving Loan Fund;
139. the Notary Public Fund;
140. the Health Equity Resource Community Reserve
Fund;
141. the Access to Counsel in Evictions Special Fund;
142. the Homeowner Protection Fund;
143. the Maggie McIntosh School Arts Fund;
144. the Climate Catalytic Capital Fund;
145. the Park System Critical Maintenance Fund;

146. the Park System Capital Improvements and
Acquisition Fund;
147. the Great Maryland Outdoors Fund;
148. the Abortion Care Clinical Training Program Fund;
149. the Sports Entertainment Facilities Financing
Fund;
150. the Major Sports and Entertainment Event Program
Fund;
151. the Prince George's County Blue Line Corridor
Facility Fund;
152. the Senator George C. Edwards Fund;
153. the 9-8-8 Trust Fund;
154. the Maryland AIDS Drug Assistance Program Fund;
155. the Local Cybersecurity Support Fund;
156. the Maryland Loan Assistance Repayment Program
Fund for Nurses and Nursing Support Staff;
157. the Maryland Makerspace Initiative Fund;
158. the Sustainable Maryland Program Fund;
159. the On-Site Wastewater Professionals Fund;
160. the Child Care Capital Support Revolving Loan
Fund;
161. the Maryland New Start Pilot Microloan Program
Fund;
162. the Department of General Services Broker Rebate
Fee Fund;
163. the Patient Safety Center Fund;

164. the False Claims Fund;
165. the Resiliency Hub Grant Program Fund;
166. the Family and Medical Leave Insurance Fund;
167. the Cannabis Business Assistance Fund;
168. the Cannabis Public Health Fund;
169. the Community Reinvestment and Repair Fund;
170. the Young Adult Service Year Option Pathway
Fund;
171. the Maryland Service Year Option Pathway Fund;
172. the Camden Yards Baseball Sports Facility
Supplemental Financing Fund;
173. the Camden Yards Football Sports Facility
Supplemental Financing Fund;
174. the Bus Rapid Transit Fund;
175. the Cannabis Regulation and Enforcement Fund;
176. the Medical Cannabis Compassionate Use Fund;
177. the Behavioral Health Workforce Investment Fund;
178. the Human-Relevant Research Fund;
179. the Equitech Growth Fund;
180. the Maryland Forestry Education Fund;
181. the Transit-Oriented Development Capital Grant
and Revolving Loan Fund;
182. the Local Land Trust Revolving Loan Fund;
183. the State Disaster Recovery Fund;

184. the Black Bass Conservation Fund;
185. the Non-Depository Special Fund;
186. the Teacher Retention and Development Fund;
187. the Protecting Against Hate Crimes Grant Fund;
188. the Fallen Transportation Workers Scholarship
Fund;
189. the Maryland Geological Survey Fund;
190. the Access to Attorneys, Advocates, and Consultants
for Special Education Fund;
191. the Rental Assistance for Community School
Families Fund;
192. the Community Health and Safety Works Grant
Program Fund;
193. the Camden Yards Football Sports Facility Capital
Works Fund;
194. the Camden Yards Football Sports Facility
Emergency Repair Fund;
195. the ENOUGH Grant Fund;
196. the Talent Innovation Fund;
197. the Climate Technology Founder's Fund;
198. the Whole Watershed Fund;
199. the Radiation Emergency Response Fund;
200. the Victims of Domestic Violence Program Grant
Fund;
201. the Proposed Programs Collaborative Grant Fund;

202. the Maryland Pay Per Apprentice Program Fund;
203. the West North Avenue Development Authority
Fund;
204. the Academic Excellence Fund;
205. the Abandoned and Neglected Cemeteries Fund;
206. the Assistive Technology Services Fund;
207. the Private Dam Repair Fund;
208. the Public Health Abortion Grant Program Fund;
209. the Natural Resources Property Maintenance Fund;
210. the Department of Social and Economic Mobility
Special Fund; and
211. the Population Health Improvement Fund.
(b) (1) Notwithstanding any other provision of law, the Treasurer may
invest separately or commingled in 1 or more pools amounts to be invested by law or
regulation for State agencies.
(2) The Treasurer shall allocate net earnings on amounts
commingled in a pool to the appropriate State agencies entitled to receive interest
earnings under subsection (a) of this section.
§6-226. // EFFECTIVE SEPTEMBER 30, 2028 PER CHAPTER 322 OF 2022 //
// EFFECTIVE UNTIL JUNE 30, 2029 PER CHAPTER 485 OF 2022 AND
CHAPTER 627 OF 2023 //
(a) (1) Except as otherwise specifically provided by law or by regulation
of the Treasurer, the Treasurer shall credit to the General Fund any interest on or
other income from State money that the Treasurer invests.
(2) (i) This paragraph does not apply in fiscal years 2024 through
2028.

(ii) Notwithstanding any other provision of law, and unless
inconsistent with a federal law, grant agreement, or other federal requirement or
with the terms of a gift or settlement agreement, net interest on all State money
allocated by the State Treasurer under this section to special funds or accounts, and
otherwise entitled to receive interest earnings, as accounted for by the Comptroller,
shall accrue to the General Fund of the State.
(iii) The provisions of subparagraph (ii) of this paragraph do
not apply to the following funds:
1. Maryland Housing Loan Funds of 1976, 1978, 1979,
and 1984;
2. Microsoft Cost Share Fund;
3. Subsequent Injury Fund;
4. Uninsured Employers' Fund;
5. Jane E. Lawton Conservation Loan Program;
6. Energy Overcharge Restitution Fund;
7. PEPCO/Connectiv Settlement Fund;
8. Baseball Capital Improvements Fund;
9. State Victims of Crime Fund;
10. Juvenile Accountability Incentive Block Grant
Fund;
11. Victim and Witness Protection and Relocation Fund;
12. Unclaimed Restitution - Victims of Crime;
13. Justice Assistance Grant;
14. Byrne Justice Assistance Grant;
15. Maryland Election Modernization Fund;
16. Scriven Estate Fund;

17. Volunteer Company Assistance Fund;
18. Radoff Memorial Fund;
19. Archives Endowment Account within the Archives
Fund;
20. Ellefson Endowment Fund;
21. Albert C. Ritchie Memorial Fund;
22. Senior Prescription Drug Assistance Program Fund;
23. Fair Campaign Financing Fund;
24. State Employees and Retirees Health and Welfare
Benefits Fund;
25. Major Information Technology Development Project
Fund;
26. State Retirement Agency Funds;
27. Postretirement Health Benefits Trust Fund;
28. Maryland Emergency Medical System Operations
Fund;
29. State Wildlife Management and Protection Fund;
30. Fisheries Management and Protection Fund;
31. Ocean Beach Replenishment Fund;
32. Community Services Trust Fund;
33. Waiting List Equity Fund;
34. Health Care Coverage Fund;
35. Health Services Cost Review Commission Fund;
36. Hospital Uncompensated Care Fund;

37. funds in the accounts of Morgan State University;
38. funds in the accounts of St. Mary's College of
Maryland;
39. funds in the accounts of the University System of
Maryland;
40. Maryland Prepaid College Trust Fund;
41. Nurse Support Program Assistance Fund;
42. funds in the accounts of the Baltimore City
Community College;
43. Education Trust Fund;
44. Section 8 construction and administration funds
administered by the Department of Housing and Community Development;
45. MacArthur Grant Fund;
46. all special funds within the Department of
Commerce;
47. Maryland Water Quality Revolving Loan Fund;
48. Maryland Drinking Water Revolving Loan Fund;
49. Bay Restoration Fund;
50. Migratory Game Bird Fund;
51. Deer Stamp Fund;
52. Wildlife Habitat Incentive Fund;
53. Fisheries Research and Development Fund;
54. Strategic Energy Investment Fund;
55. Criminal Injuries Compensation Fund;
56. 50% of the interest from the 9-1-1 Trust Fund;

57. all accounts within the State Reserve Fund;
58. local revenue accounts collected by the Judiciary;
59. Assistive Technology Loan Fund;
60. Veterans Trust Fund;
61. Transportation Trust Fund;
62. Foreclosed Property Registry Fund;
63. Asbestos Worker Protection Fund;
64. Maryland Innovation Initiative Fund;
65. Family Security Trust Fund, subject to § 7-4A-03(d)
of the Health Occupations Article;
66. Baltimore City Community Enhancement Transit-
Oriented Development Fund;
67. the Maryland Legal Services Corporation Fund;
68. Mortgage Loan Servicing Practices Settlement
Fund;
69. Maryland Offshore Wind Business Development
Fund;
70. the Maryland First Scholarship Fund;
71. Natalie M. LaPrade Medical Cannabis Commission
Fund;
72. the Spay/Neuter Fund;
73. State Brain Injury Trust Fund;
74. the Baltimore City Public School Construction
Facilities Fund;

75. the Baltimore City Public School Construction
Financing Fund;
76. the Prekindergarten Expansion Fund;
77. the Energy-Efficient Homes Construction Fund;
78. the Maryland E-Nnovation Initiative Fund;
79. the Innovation Investment Fund;
80. the Regional Advanced Manufacturing Partnership
of Maryland Fund;
81. the Newborn Screening Program Fund;
82. the Economic Development Marketing Fund;
83. the Uniformed Services Personnel and Veteran-
Owned Small Business No-Interest Loan Fund;
84. the Baltimore Regional Neighborhood Initiative
Program Fund;
85. the Strategic Demolition and Smart Growth Impact
Fund;
86. the Seed Community Development Anchor
Institution Fund;
87. the Next Generation Scholars of Maryland Program
Fund;
88. the Construction Education and Innovation Fund;
89. the Uninsured Motorist Education and Enforcement
Fund;
90. the Performance Incentive Grant Fund;
91. the Internet Crimes Against Children Task Force
Fund;
92. the Community Program Fund;

93. the Addiction Treatment Divestiture Fund;
94. the Maryland Energy Innovation Fund;
95. the State Lakes Protection and Restoration Fund;
96. the National Capital Strategic Economic
Development Fund;
97. the Advance Directive Program Fund;
98. the Make Office Vacancies Extinct Matching Fund;
99. the Blueprint for Maryland's Future Fund;
100. the School Construction Revolving Loan Fund;
101. the Safe Schools Fund;
102. the Maryland Violence Intervention and Prevention
Program Fund;
103. the Computing Education and Professional
Development Fund;
104. the Maryland Prenatal and Infant Care Grant
Program Fund;
105. the Healthy School Facility Fund;
106. the Natalie M. LaPrade Medical Cannabis
Compassionate Use Fund;
107. the Maryland Police Training and Standards
Commission Fund;
108. the Supplemental Facilities Fund;
109. the Hemp Farming Fund;
110. the Prince George's County Public-Private
Partnership Fund;

111. the Zero-Emission Vehicle School Bus Transition
Fund;
112. the Rape Kit Testing Grant Fund;
113. the Pedestrian Safety Fund;
114. the Legal Representation Fund for Title IX
Proceedings;
115. the Student Peer Mediation Program Fund;
116. the Markell Hendricks Youth Crime Prevention and
Diversion Parole Fund;
117. the Federal Government Employee Assistance Loan
Fund;
118. the Racing and Community Development Financing
Fund;
119. the Racing and Community Development Facilities
Fund;
120. the Supplemental Public School Construction
Facilities Fund;
121. the Supplemental Public School Construction
Financing Fund;
122. the Nancy K. Kopp Public School Facilities Priority
Fund;
123. the Prescription Drug Affordability Fund;
124. the Maryland Small Business Innovation Research
and Technology Transfer Incentive Matching Fund;
125. the Michael Erin Busch Sports Fund;
126. the Coordinated Community Supports Partnership
Fund;
127. the Opioid Restitution Fund;

128. the Historically Black Colleges and Universities
Reserve Fund;
129. the Rural Broadband Assistance Fund;
130. the Digital Inclusion Fund;
131. the Digital Connectivity Fund;
132. the K-9 Compassionate Care Fund;
133. the Maternal and Child Health Population Health
Improvement Fund;
134. the Inclusion Fund;
135. the Regional Institution Strategic Enterprise Fund;
136. the Hagerstown Multi-Use Sports and Events
Facility Fund;
137. the Pre-Seed Builder Fund;
138. the Resilient Maryland Revolving Loan Fund;
139. the Notary Public Fund;
140. the Health Equity Resource Community Reserve
Fund;
141. the Access to Counsel in Evictions Special Fund;
142. the Homeowner Protection Fund;
143. the Maggie McIntosh School Arts Fund;
144. the Climate Catalytic Capital Fund;
145. the Park System Critical Maintenance Fund;
146. the Park System Capital Improvements and
Acquisition Fund;

147. the Great Maryland Outdoors Fund;
148. the Abortion Care Clinical Training Program Fund;
149. the Sports Entertainment Facilities Financing
Fund;
150. the Major Sports and Entertainment Event Program
Fund;
151. the Prince George's County Blue Line Corridor
Facility Fund;
152. the Senator George C. Edwards Fund;
153. the 9-8-8 Trust Fund;
154. the Maryland AIDS Drug Assistance Program Fund;
155. the Local Cybersecurity Support Fund;
156. the Maryland Loan Assistance Repayment Program
Fund for Nurses and Nursing Support Staff;
157. the Sustainable Maryland Program Fund;
158. the On-Site Wastewater Professionals Fund;
159. the Child Care Capital Support Revolving Loan
Fund;
160. the Maryland New Start Pilot Microloan Program
Fund;
161. the Department of General Services Broker Rebate
Fee Fund;
162. the Patient Safety Center Fund;
163. the False Claims Fund;
164. the Resiliency Hub Grant Program Fund;
165. the Family and Medical Leave Insurance Fund;

166. the Cannabis Business Assistance Fund;
167. the Cannabis Public Health Fund;
168. the Community Reinvestment and Repair Fund;
169. the Young Adult Service Year Option Pathway
Fund;
170. the Maryland Service Year Option Pathway Fund;
171. the Camden Yards Baseball Sports Facility
Supplemental Financing Fund;
172. the Camden Yards Football Sports Facility
Supplemental Financing Fund;
173. the Bus Rapid Transit Fund;
174. the Cannabis Regulation and Enforcement Fund;
175. the Medical Cannabis Compassionate Use Fund;
176. the Behavioral Health Workforce Investment Fund;
177. the Human-Relevant Research Fund;
178. the Equitech Growth Fund;
179. the Maryland Forestry Education Fund;
180. the Transit-Oriented Development Capital Grant
and Revolving Loan Fund;
181. the Local Land Trust Revolving Loan Fund;
182. the State Disaster Recovery Fund;
183. the Black Bass Conservation Fund;
184. the Non-Depository Special Fund;
185. the Teacher Retention and Development Fund;

186. the Protecting Against Hate Crimes Grant Fund;
187. the Fallen Transportation Workers Scholarship
Fund;
188. the Maryland Geological Survey Fund;
189. the Access to Attorneys, Advocates, and Consultants
for Special Education Fund;
190. the Rental Assistance for Community School
Families Fund;
191. the Community Health and Safety Works Grant
Program Fund;
192. the Camden Yards Football Sports Facility Capital
Works Fund;
193. the Camden Yards Football Sports Facility
Emergency Repair Fund;
194. the ENOUGH Grant Fund;
195. the Talent Innovation Fund;
196. the Climate Technology Founder's Fund;
197. the Whole Watershed Fund;
198. the Radiation Emergency Response Fund;
199. the Victims of Domestic Violence Program Grant
Fund;
200. the Proposed Programs Collaborative Grant Fund;
201. the Maryland Pay Per Apprentice Program Fund;
202. the West North Avenue Development Authority
Fund;
203. the Academic Excellence Fund;

204. the Abandoned and Neglected Cemeteries Fund;
205. the Assistive Technology Services Fund;
206. the Private Dam Repair Fund;
207. the Public Health Abortion Grant Program Fund;
208. the Natural Resources Property Maintenance Fund;
209. the Department of Social and Economic Mobility
Special Fund; and
210. the Population Health Improvement Fund.
(b) (1) Notwithstanding any other provision of law, the Treasurer may
invest separately or commingled in 1 or more pools amounts to be invested by law or
regulation for State agencies.
(2) The Treasurer shall allocate net earnings on amounts
commingled in a pool to the appropriate State agencies entitled to receive interest
earnings under subsection (a) of this section.
§6-226. // EFFECTIVE JUNE 30, 2029 PER CHAPTER 485 OF 2022 AND
CHAPTER 627 OF 2023 //
// EFFECTIVE UNTIL SEPTEMBER 30, 2029 PER CHAPTERS 215 AND 216
OF 2025 //
(a) (1) Except as otherwise specifically provided by law or by regulation
of the Treasurer, the Treasurer shall credit to the General Fund any interest on or
other income from State money that the Treasurer invests.
(2) (i) This paragraph does not apply in fiscal years 2024 through
2028.
(ii) Notwithstanding any other provision of law, and unless
inconsistent with a federal law, grant agreement, or other federal requirement or
with the terms of a gift or settlement agreement, net interest on all State money
allocated by the State Treasurer under this section to special funds or accounts, and
otherwise entitled to receive interest earnings, as accounted for by the Comptroller,
shall accrue to the General Fund of the State.

(iii) The provisions of subparagraph (ii) of this paragraph do
not apply to the following funds:
1. Maryland Housing Loan Funds of 1976, 1978, 1979,
and 1984;
2. Microsoft Cost Share Fund;
3. Subsequent Injury Fund;
4. Uninsured Employers' Fund;
5. Jane E. Lawton Conservation Loan Program;
6. Energy Overcharge Restitution Fund;
7. PEPCO/Connectiv Settlement Fund;
8. Baseball Capital Improvements Fund;
9. State Victims of Crime Fund;
10. Juvenile Accountability Incentive Block Grant
Fund;
11. Victim and Witness Protection and Relocation Fund;
12. Unclaimed Restitution - Victims of Crime;
13. Justice Assistance Grant;
14. Byrne Justice Assistance Grant;
15. Maryland Election Modernization Fund;
16. Scriven Estate Fund;
17. Volunteer Company Assistance Fund;
18. Radoff Memorial Fund;
19. Archives Endowment Account within the Archives
Fund;

20. Ellefson Endowment Fund;
21. Albert C. Ritchie Memorial Fund;
22. Senior Prescription Drug Assistance Program Fund;
23. Fair Campaign Financing Fund;
24. State Employees and Retirees Health and Welfare
Benefits Fund;
25. Major Information Technology Development Project
Fund;
26. State Retirement Agency Funds;
27. Postretirement Health Benefits Trust Fund;
28. Maryland Emergency Medical System Operations
Fund;
29. State Wildlife Management and Protection Fund;
30. Fisheries Management and Protection Fund;
31. Ocean Beach Replenishment Fund;
32. Community Services Trust Fund;
33. Waiting List Equity Fund;
34. Health Care Coverage Fund;
35. Health Services Cost Review Commission Fund;
36. Hospital Uncompensated Care Fund;
37. funds in the accounts of Morgan State University;
38. funds in the accounts of St. Mary's College of
Maryland;
39. funds in the accounts of the University System of
Maryland;

40. Maryland Prepaid College Trust Fund;
41. Nurse Support Program Assistance Fund;
42. funds in the accounts of the Baltimore City
Community College;
43. Education Trust Fund;
44. Section 8 construction and administration funds
administered by the Department of Housing and Community Development;
45. MacArthur Grant Fund;
46. all special funds within the Department of
Commerce;
47. Maryland Water Quality Revolving Loan Fund;
48. Maryland Drinking Water Revolving Loan Fund;
49. Bay Restoration Fund;
50. Migratory Game Bird Fund;
51. Deer Stamp Fund;
52. Wildlife Habitat Incentive Fund;
53. Fisheries Research and Development Fund;
54. Strategic Energy Investment Fund;
55. Criminal Injuries Compensation Fund;
56. 50% of the interest from the 9-1-1 Trust Fund;
57. all accounts within the State Reserve Fund;
58. local revenue accounts collected by the Judiciary;
59. Assistive Technology Loan Fund;

60. Veterans Trust Fund;
61. Transportation Trust Fund;
62. Foreclosed Property Registry Fund;
63. Asbestos Worker Protection Fund;
64. Maryland Innovation Initiative Fund;
65. Family Security Trust Fund, subject to § 7-4A-03(d)
of the Health Occupations Article;
66. Baltimore City Community Enhancement Transit-
Oriented Development Fund;
67. the Maryland Legal Services Corporation Fund;
68. Mortgage Loan Servicing Practices Settlement
Fund;
69. Maryland Offshore Wind Business Development
Fund;
70. the Maryland First Scholarship Fund;
71. Natalie M. LaPrade Medical Cannabis Commission
Fund;
72. the Spay/Neuter Fund;
73. State Brain Injury Trust Fund;
74. the Baltimore City Public School Construction
Facilities Fund;
75. the Baltimore City Public School Construction
Financing Fund;
76. the Prekindergarten Expansion Fund;
77. the Energy-Efficient Homes Construction Fund;
78. the Maryland E-Nnovation Initiative Fund;

79. the Innovation Investment Fund;
80. the Regional Advanced Manufacturing Partnership
of Maryland Fund;
81. the Newborn Screening Program Fund;
82. the Economic Development Marketing Fund;
83. the Uniformed Services Personnel and Veteran-
Owned Small Business No-Interest Loan Fund;
84. the Baltimore Regional Neighborhood Initiative
Program Fund;
85. the Strategic Demolition and Smart Growth Impact
Fund;
86. the Seed Community Development Anchor
Institution Fund;
87. the Next Generation Scholars of Maryland Program
Fund;
88. the Construction Education and Innovation Fund;
89. the Uninsured Motorist Education and Enforcement
Fund;
90. the Performance Incentive Grant Fund;
91. the Internet Crimes Against Children Task Force
Fund;
92. the Community Program Fund;
93. the Addiction Treatment Divestiture Fund;
94. the Maryland Energy Innovation Fund;
95. the State Lakes Protection and Restoration Fund;

96. the National Capital Strategic Economic
Development Fund;
97. the Advance Directive Program Fund;
98. the Make Office Vacancies Extinct Matching Fund;
99. the Blueprint for Maryland's Future Fund;
100. the School Construction Revolving Loan Fund;
101. the Safe Schools Fund;
102. the Maryland Violence Intervention and Prevention
Program Fund;
103. the Computing Education and Professional
Development Fund;
104. the Maryland Prenatal and Infant Care Grant
Program Fund;
105. the Healthy School Facility Fund;
106. the Natalie M. LaPrade Medical Cannabis
Compassionate Use Fund;
107. the Maryland Police Training and Standards
Commission Fund;
108. the Supplemental Facilities Fund;
109. the Hemp Farming Fund;
110. the Prince George's County Public-Private
Partnership Fund;
111. the Zero-Emission Vehicle School Bus Transition
Fund;
112. the Rape Kit Testing Grant Fund;
113. the Pedestrian Safety Fund;

114. the Legal Representation Fund for Title IX
Proceedings;
115. the Student Peer Mediation Program Fund;
116. the Markell Hendricks Youth Crime Prevention and
Diversion Parole Fund;
117. the Federal Government Employee Assistance Loan
Fund;
118. the Racing and Community Development Financing
Fund;
119. the Racing and Community Development Facilities
Fund;
120. the Supplemental Public School Construction
Facilities Fund;
121. the Supplemental Public School Construction
Financing Fund;
122. the Nancy K. Kopp Public School Facilities Priority
Fund;
123. the Prescription Drug Affordability Fund;
124. the Maryland Small Business Innovation Research
and Technology Transfer Incentive Matching Fund;
125. the Michael Erin Busch Sports Fund;
126. the Coordinated Community Supports Partnership
Fund;
127. the Opioid Restitution Fund;
128. the Historically Black Colleges and Universities
Reserve Fund;
129. the Rural Broadband Assistance Fund;
130. the Digital Inclusion Fund;

131. the Digital Connectivity Fund;
132. the K-9 Compassionate Care Fund;
133. the Maternal and Child Health Population Health
Improvement Fund;
134. the Inclusion Fund;
135. the Regional Institution Strategic Enterprise Fund;
136. the Hagerstown Multi-Use Sports and Events
Facility Fund;
137. the Pre-Seed Builder Fund;
138. the Resilient Maryland Revolving Loan Fund;
139. the Notary Public Fund;
140. the Health Equity Resource Community Reserve
Fund;
141. the Access to Counsel in Evictions Special Fund;
142. the Homeowner Protection Fund;
143. the Maggie McIntosh School Arts Fund;
144. the Climate Catalytic Capital Fund;
145. the Park System Critical Maintenance Fund;
146. the Park System Capital Improvements and
Acquisition Fund;
147. the Great Maryland Outdoors Fund;
148. the Abortion Care Clinical Training Program Fund;
149. the Sports Entertainment Facilities Financing
Fund;

150. the Major Sports and Entertainment Event Program
Fund;
151. the Prince George's County Blue Line Corridor
Facility Fund;
152. the Senator George C. Edwards Fund;
153. the 9-8-8 Trust Fund;
154. the Maryland AIDS Drug Assistance Program Fund;
155. the Local Cybersecurity Support Fund;
156. the Maryland Loan Assistance Repayment Program
Fund for Nurses and Nursing Support Staff;
157. the Sustainable Maryland Program Fund;
158. the On-Site Wastewater Professionals Fund;
159. the Child Care Capital Support Revolving Loan
Fund;
160. the Department of General Services Broker Rebate
Fee Fund;
161. the Patient Safety Center Fund;
162. the False Claims Fund;
163. the Resiliency Hub Grant Program Fund;
164. the Family and Medical Leave Insurance Fund;
165. the Cannabis Business Assistance Fund;
166. the Cannabis Public Health Fund;
167. the Community Reinvestment and Repair Fund;
168. the Young Adult Service Year Option Pathway
Fund;

169. the Maryland Service Year Option Pathway Fund;
170. the Camden Yards Baseball Sports Facility
Supplemental Financing Fund;
171. the Camden Yards Football Sports Facility
Supplemental Financing Fund;
172. the Bus Rapid Transit Fund;
173. the Cannabis Regulation and Enforcement Fund;
174. the Medical Cannabis Compassionate Use Fund;
175. the Behavioral Health Workforce Investment Fund;
176. the Human-Relevant Research Fund;
177. the Equitech Growth Fund;
178. the Maryland Forestry Education Fund;
179. the Local Land Trust Revolving Loan Fund;
180. the State Disaster Recovery Fund;
181. the Black Bass Conservation Fund;
182. the Non-Depository Special Fund;
183. the Teacher Retention and Development Fund;
184. the Protecting Against Hate Crimes Grant Fund;
185. the Fallen Transportation Workers Scholarship
Fund;
186. the Maryland Geological Survey Fund;
187. the Access to Attorneys, Advocates, and Consultants
for Special Education Fund;
188. the Rental Assistance for Community School
Families Fund;

189. the Community Health and Safety Works Grant
Program Fund;
190. the Camden Yards Football Sports Facility Capital
Works Fund;
191. the Camden Yards Football Sports Facility
Emergency Repair Fund;
192. the ENOUGH Grant Fund;
193. the Talent Innovation Fund;
194. the Climate Technology Founder's Fund;
195. the Whole Watershed Fund;
196. the Radiation Emergency Response Fund;
197. the Victims of Domestic Violence Program Grant
Fund;
198. the Proposed Programs Collaborative Grant Fund;
199. the Maryland Pay Per Apprentice Program Fund;
200. the West North Avenue Development Authority
Fund;
201. the Academic Excellence Fund;
202. the Abandoned and Neglected Cemeteries Fund;
203. the Assistive Technology Services Fund;
204. the Private Dam Repair Fund;
205. the Public Health Abortion Grant Program Fund;
206. the Natural Resources Property Maintenance Fund;
207. the Department of Social and Economic Mobility
Special Fund; and

208. the Population Health Improvement Fund.
(b) (1) Notwithstanding any other provision of law, the Treasurer may
invest separately or commingled in 1 or more pools amounts to be invested by law or
regulation for State agencies.
(2) The Treasurer shall allocate net earnings on amounts
commingled in a pool to the appropriate State agencies entitled to receive interest
earnings under subsection (a) of this section.
§6-226. // EFFECTIVE SEPTEMBER 30, 2029 PER CHAPTERS 215 AND 216
OF 2025 //
// EFFECTIVE UNTIL JUNE 30, 2030 PER CHAPTER 74 OF 2021 AND
CHAPTERS 185 AND 186 OF 2024 //
(a) (1) Except as otherwise specifically provided by law or by regulation
of the Treasurer, the Treasurer shall credit to the General Fund any interest on or
other income from State money that the Treasurer invests.
(2) (i) This paragraph does not apply in fiscal years 2024 through
2028.
(ii) Notwithstanding any other provision of law, and unless
inconsistent with a federal law, grant agreement, or other federal requirement or
with the terms of a gift or settlement agreement, net interest on all State money
allocated by the State Treasurer under this section to special funds or accounts, and
otherwise entitled to receive interest earnings, as accounted for by the Comptroller,
shall accrue to the General Fund of the State.
(iii) The provisions of subparagraph (ii) 

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