(a) Fund established. There is a Watershed Protection and Restoration Special Revenue Fund into which shall be paid the revenue required by the Environment Article, § 4-202.1(h)(3), of the State Code.
(b) Special fund. The Watershed Protection and Restoration Special Revenue Fund is a special, nonlapsing fund.
(c) Purposes. The revenue paid into the Watershed Protection and Restoration Special Revenue Fund shall be dedicated to and appropriated for those purposes set forth in the Environment Article, § 4-202.1(h)(4), of the State Code, including the payment or reimbursement of debt service on bonds, notes or other obligations that finance stormwater management projects and the pledging of such revenue and fund to secure the repayment of this debt service.
(d) Nonexclusive source of funding. General Fund and other revenues may be used to supplement appropriations from the Watershed Protection and Restoration Special Revenue Fund for the purposes set forth in subsection (c).
(Bill No. 2-13; Bill No. 85-13)