Establishes the State Lakes Protection and Restoration Fund for Maryland's state-owned and state-managed lakes.

The bill creates the State Lakes Protection and Restoration Fund, a special, nonlapsing fund dedicated to protecting and restoring state-owned and state-managed lakes. The fund is financed by state budget appropriations and other accepted sources. It can be used for activities such as removing sediment, treating contaminated sediment, preventing the spread of invasive species, and improving ecological and recreational value. The fund is managed by the State Treasurer, with interest earnings credited back to the fund.

Establishes the State Lakes Protection and Restoration Fund for Maryland's state-owned and state-managed lakes.

The bill creates the State Lakes Protection and Restoration Fund, a special, nonlapsing fund dedicated to protecting and restoring state-owned and state-managed lakes. The fund is financed by state budget appropriations and other accepted sources. It can be used for activities such as removing sediment, treating contaminated sediment, preventing the spread of invasive species, and improving ecological and recreational value. The fund is managed by the State Treasurer, with interest earnings credited back to the fund.