Bill number does not exist. Enter a vaild keyword.

Statutes Text

Article - State Finance and Procurement




§7–110.

    (a)    (1)    In this section the following words have the meanings indicated.

        (2)    “Capital expenditure” means an expenditure made by the Department of Transportation for:

            (i)    the construction, reconstruction, or rehabilitation of a transportation facility, as defined in § 3-101(l) of the Transportation Article; or

            (ii)    capital equipment as defined by the Secretary of Transportation.

        (3)    “Modal administration” has the meaning stated in § 1-101 of the Transportation Article.

        (4)    “Operating expenditure” means an expenditure that is made by the Department of Transportation, including the Office of the Secretary or a modal administration, and that is not a capital expenditure.

    (b)    (1)    Each budget bill shall set forth as part of the appropriation for the Office of the Secretary of Transportation and for each modal administration, separate items for:

            (i)    capital expenditures; and

            (ii)    operating expenditures.

        (2)    The budget books shall set forth, for information, a summary of the capital expenditures and operating expenditures, as defined by the Secretary of Transportation, for the Maryland Transportation Authority.

        (3)    The budget books for a fiscal year shall include the appropriation for the preceding fiscal year for each modal administration, as provided in the Consolidated Transportation Program.



Click to return on the top page