Maryland Governor - Executive and Administrative Departments Section 14-906

      (a)      There is an Assistive Technology Guaranteed Loan Fund in the Department of Disabilities.

      (b)      The purpose of the Fund is to provide guarantees of loans and subsidies of loan interest for the purchase of assistive technology equipment designed to enable individuals with disabilities to become more independent or more productive members of the community with an improved quality of life.

      (c)      The Board shall manage and administer the Fund.

      (d)      The Fund is a continuing, nonlapsing fund which is not subject to § 7-302 of the State Finance and Procurement Article.

      (e)      The Treasurer shall separately hold and the Comptroller shall account for the Fund.

      (f)      Any investment earnings of the Fund shall be paid into the Fund.

      (g)      If, at any time, the balance of the Fund exceeds the amount that the Board considers necessary to meet its obligations, the excess, on resolution of the Board, shall revert to the General Fund.