Section 19-112 – Short Title
This title may be referred to as the Auxiliary and Academic Facilities Bond Authority.
Section 20-101 – Established; Purposes; Members; Chair
(a) (1) There is a Maryland College Savings Bond Advisory Board. (2) The purpose of the Board is to advise the Board of Public Works on the issuance of college savings bonds authorized under § 8–123.3 of the State Finance and Procurement Article. (b) The Board shall consist of the following four members: (1) The State Treasurer; (2) The Secretary of […]
Section 20-102 – Duties
(a) (1) The Maryland College Savings Bond Advisory Board shall make recommendations to: (i) The Board of Public Works regarding the need for Maryland capital appreciation general obligation bonds to help citizens save for the costs of college; and (ii) In accordance with § 2–1257 of the State Government Article, the Governor and General Assembly on the establishment of […]
Section 19-111 – Construction of Title
(a) The provisions of this title, being necessary for the welfare of the State and its inhabitants, shall be liberally construed to effect the purposes thereof. (b) The provisions of this title are severable, and if any of such provisions shall be held unconstitutional by any court of competent jurisdiction, the decision of such court shall not […]
Section 18-3803 – Annual Scholarship Offers — Recipients — Eligibility of Officers
** TAKES EFFECT JULY 1, 2022 PER CHAPTER 59 OF 2021 ** (a) The Office shall annually select eligible students and offer a scholarship to each student selected to be used at an eligible institution of the student’s choice. (b) A recipient of the Maryland Police Officers Scholarship shall: (1) Be a Maryland resident or have graduated from […]
Section 18-3804 – Repayment of Scholarship Funds Under Certain Conditions
** TAKES EFFECT JULY 1, 2022 PER CHAPTER 59 OF 2021 ** The recipient of a Maryland Police Officers Scholarship shall repay the Commission the funds received as set forth in § 18–112 of this title if the recipient does not: (1) Satisfy the degree requirements of the eligible course of study or program or fulfill […]
Section 18-3805 – Amount of Annual Scholarship Award
** TAKES EFFECT JULY 1, 2022 PER CHAPTER 59 OF 2021 ** The annual scholarship award shall be 50% of the equivalent annual tuition and mandatory fees of a resident undergraduate student at the eligible institution.
Section 18-3806 – Annual Budget Appropriation
** TAKES EFFECT JULY 1, 2022 PER CHAPTER 59 OF 2021 ** The Governor shall annually include in the budget bill an appropriation of at least $8,500,000 to the Commission to award scholarships under this subtitle, and the Commission shall use: (1) $6,000,000 for scholarships to students intending to become police officers after graduation; and (2) $2,500,000 […]
Section 18-3807 – Duties of Office
** TAKES EFFECT JULY 1, 2022 PER CHAPTER 59 OF 2021 ** The Office shall: (1) Publicize the availability of Maryland Police Officers Scholarships; and (2) To the extent practicable, award scholarships under this subtitle in a manner that reflects ethnic, gender, racial, and geographic diversity.
Section 19-101 – Definitions
(a) In this title the following words have the meanings indicated. (b) (1) “Academic facility” and “academic facilities” mean any facility or facilities, now existing or hereafter constructed or acquired, which are used primarily for the instruction of students of a system. (2) “Academic facility” and “academic facilities” also mean any facility or facilities related, required, useful, or incidental […]