Maryland State Finance and Procurement Section 8-129

      (a)      With the approval of the Board, the Governor shall dispose of unspent proceeds of an enabling act within 1 year after the termination of the State debt authorization under § 8-128 of this subtitle.

      (b)      The Governor shall:

            (1)      use the proceeds to reduce State debt authorizations, as provided in § 8-126(b) through (d) of this subtitle;

            (2)      allocate the proceeds to the Construction Contingency Fund, as provided in § 3-609 of this article; or

            (3)      order the proceeds to be credited to the Annuity Bond Fund, to pay the outstanding bonded indebtedness of the State.

      (c)      The Board shall enforce the provisions of this section.