2013 Maryland Code
STATE GOVERNMENT
§ 9-912 - Property


MD State Govt Code § 9-912 (2013) What's This?

§9-912.

(a) To carry out the responsibilities and goals of the Department, the Department may acquire, hold, use, improve, and convey property.

(b) In addition to any other power under this section and subject to Title 7 of the State Finance and Procurement Article, to carry out the purposes or goals of the Department, the Department may:

(1) accept a gift or grant; and

(2) unless the terms of a gift or grant require otherwise, and subject to the approval of the Secretary:

(i) spend the principal and income of the gift or grant through grants or loans to:

1. veterans and their families;

2. public and private programs that support veterans and their families; or

3. any other programs that the Secretary considers appropriate; or

(ii) invest all or part of the principal and income in:

1. general obligations of the State; or

2. any other security.

(c) (1) Gifts and grants that the Department accepts under subsection (b) of this section shall be deposited in the Maryland Veterans Trust Fund under § 9-913 of this subtitle.

(2) The Secretary shall adopt regulations to implement a program for gifts and grants made under subsection (b)(2) of this section.

(d) (1) In addition to any other power under this section, the Department may lease any part of the home property for use as a concession or other commercial purpose that is consistent with the purposes of the Department. However, the Department may not lease its property merely for investment purposes.

(2) Notwithstanding any other law, unless the lease expressly provides for redemption by the tenant, the lease is not subject to redemption.

§ 9-912 - 1. Charlotte Hall Veterans Homes -- Gifts and grants

(a) Authority to accept and spend. -- Subject to Title 7 of the State Finance and Procurement Article, to carry out the purposes or goals of the Department, the Charlotte Hall Veterans Home may:

(1) accept a gift or grant for use at the Charlotte Hall Veterans Home; and

(2) unless the terms of a gift or grant require otherwise, and subject to the approval of the Secretary, spend the principal and income of the gift or grant for use at the Charlotte Hall Veterans Home.

(b) Administration by Director and not subject to reversion. -- Gifts and grants that the Charlotte Hall Veterans Home accepts under subsection (a) of this section for use at the Home:

(1) shall be administered by the Director of the Veterans Home Program; and

(2) are not subject to reversion under § 7-302 of the State Finance and Procurement Article.

(c) Reports. --

(1) On or before July 31 of each year, the Director of the Veterans Home Program shall submit a report to the Secretary on the status of the gifts and grants accepted for use at the Charlotte Hall Veterans Home.

(2) On or before August 31 of each year, the Secretary shall submit a report to the General Assembly, in accordance with § 2-1246 of this article, on the status of the gifts and grants accepted for use at the Charlotte Hall Veterans Home.

(3) The reports required under this subsection shall include the following information on the gifts and grants accepted for use at the Charlotte Hall Veterans Home during the previous fiscal year:

(i) the gross amount of the gifts and grants;

(ii) the costs of administration of the gifts and grants; and

(iii) a detailed accounting of the use of the gifts and grants.

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