(a) There is a Transportation Network Assessment Fund. (b) The Fund consists of assessment revenues submitted to the Comptroller from transportation network companies under § 10–406(g) of this subtitle. (c) The purpose of the Fund is to: (1) receive assessment revenues submitted from transportation network companies; and (2) disburse assessment revenues to the appropriate counties and municipalities in accordance with this subsection. (d) (1) The Comptroller shall: (i) deposit in the Fund assessment revenues received from transportation network companies; and (ii) disburse trip assessment revenues to the appropriate counties and municipalities. (2) The Treasurer is the custodian of the Fund. (e) (1) The Fund is a continuing, nonlapsing fund that is not subject to § 7–302 of the State Finance and Procurement Article, and may not be deemed a part of the General Fund of the State. (2) No part of the Fund may revert or be credited to: (i) the General Fund of the State; or (ii) a special fund of the State.
Maryland Legal Code