2020 Maryland Statutes
Natural Resources
Title 1 - Department of Natural Resources
Subtitle 7 - State Chesapeake Bay and Endangered Species Fund
Section 1-703 - Distributions

    (a)    (1)    The Secretary may distribute not more than 5% of the net proceeds of the Fund to a promotional account to be used to promote further donations to the Fund.

        (2)    Money in the Fund may be used for administrative costs calculated in accordance with § 1–103(b)(2) of this title.

    (b)    After making the distributions allowed under subsection (a) of this section, the Secretary shall distribute the remainder of the net proceeds of the Fund as follows:

        (1)    50% to the Chesapeake Bay Trust established under § 8–1902 of this article, to be used by the Trust only as provided in § 1–704 of this subtitle; and

        (2)    50% to an endangered species account, to be used only to conserve nongame, threatened and endangered species as provided in § 1–705 of this subtitle.

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