Maryland Code, Economic Development § 13-1211

(d)(1) The Fund is a special, nonlapsing fund that is not subject to § 7-302 of the State Finance and Procurement Article.

(2) The State Treasurer shall hold the Fund separately, and the Comptroller shall account for the Fund.

(1) money appropriated in the State budget to the Fund;

(2) money appropriated by Cecil and Harford counties to the Partnership;

(3) money made available to the Fund through federal programs;

(4) interest and investment earnings of the Fund; and

(5) any other money from any other source accepted for the benefit of the Fund.

(1) provide grants for projects that further the purposes of this subtitle; and

(2) pay the administrative and operational expenses of the Partnership.

(g)(1) The State Treasurer shall invest the money of the Fund in the same manner as other State money may be invested.

(2) Any investment earnings of the Fund shall be paid into the Fund.