Unannotated Code of Maryland (Last Updated: May 16, 2014) |
STATE FINANCE AND PROCUREMENT |
DIVISION II. GENERAL PROCUREMENT LAW |
TITLE 17. SPECIAL PROVISIONS -- STATE AND LOCAL SUBDIVISIONS |
SUBTITLE 6. APPRENTICESHIP REQUIREMENTS FOR PUBLIC WORKS CONTRACTS |
§ 17-602. State Apprenticeship Training Fund
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(a) Established. -- There is a State Apprenticeship Training Fund in the Department.
(b) Composition. -- The Fund consists of:
(1) payments made by contractors or subcontractors in accordance with this subtitle; and
(2) penalties collected as a result of violations of this subtitle.
(c) Character. -- The Fund is a special, nonlapsing fund that is not subject to § 7-302 of this article.
(d) Accounting. -- The State Treasurer shall hold the Fund separately, and the Comptroller shall account for the Fund.
(e) Use of monies. -- The Secretary shall use money in the Fund to:
(1) promote preapprenticeship programs and other workforce development programs in the State's public secondary schools and community colleges that assist students in preparing for and entering apprenticeship training programs; and
(2) pay any costs associated with carrying out the provisions of this subtitle.