{"data":{"id":"us-md/md.-code-state-finance-and-procurement-8-129","jurisdiction":"us-md","citation":"Md. Code, State Finance and Procurement § 8–129","heading":"","body":"(a) With the approval of the Board, the Governor shall dispose of unspent proceeds of an enabling act within 1 year after the termination of the State debt authorization under § 8-128 of this subtitle.\n(b) The Governor shall:\n(1) use the proceeds to reduce State debt authorizations, as provided in § 8-126(b) through (d) of this subtitle;\n(2) allocate the proceeds to the Construction Contingency Fund, as provided in § 3-609 of this article; or\n(3) order the proceeds to be credited to the Annuity Bond Fund, to pay the outstanding bonded indebtedness of the State.\n(c) The Board shall enforce the provisions of this section.","path":["Article - State Finance and Procurement"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gsf\u0026section=8-129","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T20:00:48Z","sha256":"22f26b0256cdaacae91e2beec1eb17e2ab3a0662de3bc7f1d2f8cfbdeb4da0d2","source_id":"us-md","stale":false,"prev":"us-md/md.-code-state-finance-and-procurement-8-128","next":"us-md/md.-code-state-finance-and-procurement-8-130"},"notice":"GroundRules: Original legal text. Not legal advice."}