Sec. 33.14.01.03. Agency Responsibilities—Comptroller  


Latest version.
  • The Comptroller shall:

    A. Administer the Fund;

    B. Credit to the Fund all money collected for the Fund;

    C. Invest the money in the Fund;

    D. Submit to the State Board a statement of the balance in the Fund:

    (1) On May 15 of each year, and

    (2) When requested by the State Board;

    E. When ordered by the State Board, promptly disburse any public contribution from the Fund;

    F. Make the disbursement required by §E of this regulation to a single campaign depository of an eligible candidate, as provided in Election Law Article, §13-202(a), Annotated Code of Maryland; and

    G. Provide a final disbursement of any surplus in the Fund in accordance with the Public Financing Act.