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Current as of January 01, 2025 | Updated by Findlaw Staff
(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.
(c) On submission of the budget bill to the General Assembly, the Department of Transportation shall report to the Senate Budget and Taxation Committee, the House Appropriations Committee, and the House Committee on Ways and Means, in accordance with § 2-1257 of the State Government Article, on the estimated costs for planning, engineering, right-of-way acquisition, and construction for all projects for which planning funds were added to the budget by the General Assembly during the previous three legislative sessions.
Cite this article: FindLaw.com - Maryland Code, State Finance and Procurement § 7-110 - last updated January 01, 2025 | https://codes.findlaw.com/md/state-finance-and-procurement/md-code-state-fin-and-proc-sect-7-110/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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