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Ch. 717 2024 LAWS OF MARYLAND

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(ii) 1. The Commission shall issue grants under this paragraph from any balance carried over to the Fund from prior fiscal years.

2. [The total amount of grants awarded under this paragraph in a fiscal year may not exceed 10% of the balance remaining in the Fund at the end of the fiscal year immediately prior to the fiscal year in which grants are awarded.] THE TOTAL AMOUNT OF GRANTS AWARDED UNDER THIS PARAGRAPH IN A FISCAL YEAR MAY NOT REDUCE THE BALANCE REMAINING IN THE FUND AT THE END OF THE FISCAL YEAR TO LESS THAN 15% OF THE REVENUE COLLECTED IN THAT FISCAL YEAR.

(iii) The process developed by the Commission for the award of grants under this paragraph shall include:

1. Grant applications and review and selection criteria for the award of grants;

2. Review by the Commission, if necessary, for any project that exceeds certificate of need thresholds; and

3. Any other procedure determined necessary by the Commission.

(iv) Before awarding grants under this subsection in a fiscal year, the Commission shall report to the Senate Finance Committee and the House Health and Government Operations Committee, in accordance with § 2–1257 of the State Government Article, on the process that the Commission has developed for awarding grants in that fiscal year.

(f) On or before November 1 of each year, the Commission and the Health Services Cost Review Commission shall report to the General Assembly, in accordance with § 2–1257 of the State Government Article, on:

(1) The amount of money in the Fund on the last day of the previous fiscal year;

(2) The amount of money applied for by trauma physicians, TRAUMA HEALTH CARE PRACTITIONERS, and trauma centers during the previous fiscal year;

(3) The amount of money distributed in the form of trauma physician, TRAUMA HEALTH CARE PRACTITIONER, and trauma center reimbursements during the previous fiscal year;