2013 Maryland Code
STATE GOVERNMENT
§ 9-20B-12 - Annual reports.


MD State Govt Code § 9-20B-12 (2013) What's This?

(a) In general. -- On or before January 1 of each year, the Administration shall report to the Governor and, in accordance with § 2-1246 of this article, to the General Assembly on the uses and expenditures of the Fund from the prior fiscal year.

(b) Contents. -- The report shall include:

(1) a detailed accounting of all amounts received by and disbursed from the Fund;

(2) all amounts used by the Administration for administrative purposes;

(3) programs, projects, and activities included in each category under § 9-20B-05(g) of this subtitle;

(4) the status of programs, projects, activities, and investments implemented with funds from the Fund, including an evaluation of the impact of the programs, projects, activities, and investments that are directed to low-income or moderate-income residential sectors or to other particular classes of ratepayers;

(5) an estimate of electricity savings from the programs, projects, activities, and investments;

(6) the number of allowances sold in each auction;

(7) the average allowance price from each auction;

(8) an estimate of revenue from future auctions; and

(9) recommendations for changes to the allocation of funds under § 9-20B-05(g) of this subtitle.

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