TITLE 5 - ECONOMIC DEVELOPMENT AND FINANCIAL ASSISTANCE PROGRAMS
- Subtitle 1 - General Provisions
- Section 5-101 - Duty of Department; local strategic plans.
- Section 5-102 - Programs and funds administered by the Department.
- Section 5-103 - Transfer of funds.
- Section 5-104 - Specialized small business investment companies.
- Section 5-105 - Focus areas, enterprise zones, and BRAC zones.
- Section 5-106 - Contact for military installation realignment and closure.
- Section 5-107 - Protection of interest of Department.
- Subtitle 2 - Maryland Economic Adjustment Fund
- Section 5-201 - Definitions.
- Section 5-202 - Approval of financial assistance from Fund.
- Section 5-203 - Maryland Economic Adjustment Fund.
- Section 5-204 - Regulations.
- Section 5-205 - Loan - Application.
- Section 5-206 - Loan - Terms and conditions.
- Section 5-207 - Loan - Documents.
- Section 5-208 - Remedies.
- Section 5-209 - False statement or report.
- Subtitle 3 - Maryland Economic Development Assistance Authority and Fund
- Section 5-301 - Definitions.
- Section 5-302 - Scope of subtitle.
- Section 5-303 - , 5-304. [Reserved].
- Section 5-305 - Established.
- Section 5-306 - Membership.
- Section 5-307 - Actions.
- Section 5-308 - , 5-309. [Reserved].
- Section 5-310 - Established.
- Section 5-311 - Purposes.
- Section 5-312 - Administration.
- Section 5-313 - Composition.
- Section 5-314 - Use of Fund.
- Section 5-315 - Reporting requirements.
- Section 5-316 - Continued authorization for incorporated funds.
- Section 5-317 - , 5-318. [Reserved].
- Section 5-319 - Evaluation and approval of requests for financial assistance.
- Section 5-320 - Eligibility of applicants; applications for financial assistance.
- Section 5-321 - Eligible industry sectors.
- Section 5-322 - Authorized uses.
- Section 5-323 - Limitation on financial assistance.
- Section 5-324 - Qualifications.
- Section 5-325 - Terms and conditions of financial assistance.
- Section 5-326 - Minority business enterprise requirement.
- Section 5-327 - , 5-328. [Reserved].
- Section 5-329 - Authorized.
- Section 5-330 - Matching funds required.
- Section 5-331 - Limitations.
- Section 5-332 - Use of grants; reversion to Department.
- Section 5-333 - , 5-334. [Reserved].
- Section 5-335 - Established.
- Section 5-336 - Election by county or municipal corporation to participate.
- Section 5-337 - Financial assistance for environmental site assessments.
- Section 5-338 - Financial assistance for redevelopment of brownfields site.
- Section 5-339 - Effect of part.
- Section 5-340 - , 5-341. [Reserved].
- Section 5-342 - Authorized; purpose; separate accounting.
- Section 5-343 - Considerations in making loans.
- Section 5-344 - Application required.
- Section 5-345 - Standards for making loans.
- Section 5-346 - Terms and conditions.
- Section 5-347 - Loan documents.
- Section 5-348 - Use of proceeds.
- Section 5-349 - Foreclosures on mortgages or deeds of trust.
- Subtitle 4 - Maryland Industrial Development Financing Authority
- Section 5-401 - Definitions.
- Section 5-402 - Construction of subtitle.
- Section 5-403 - Legislative findings; purposes.
- Section 5-404 - , 5-405. [Reserved].
- Section 5-406 - Established.
- Section 5-407 - Membership.
- Section 5-408 - Joint membership with Maryland Economic Development Assistance Authority; actions.
- Section 5-409 - Officers.
- Section 5-410 - Quorum; meetings; compensation.
- Section 5-411 - Executive Director.
- Section 5-412 - Staff.
- Section 5-413 - Powers and duties.
- Section 5-414 - Regulations.
- Section 5-415 - Agreements.
- Section 5-416 - Effect of finding.
- Section 5-417 - Public ethics; rules of construction.
- Section 5-418 - Immunity from personal liability.
- Section 5-419 - Annual report.
- Section 5-420 - Dissolution.
- Section 5-421 - , 5-422. [Reserved].
- Section 5-423 - Established.
- Section 5-424 - Purpose.
- Section 5-425 - Composition.
- Section 5-426 - Investments.
- Section 5-427 - Additional money.
- Section 5-428 - Surplus money.
- Section 5-429 - Report of Treasurer.
- Section 5-430 - Bond-related insurance.
- Section 5-431 - Authorized purpose obligation insurance.
- Section 5-432 - Leverage limitations.
- Section 5-433 - , 5-434. [Reserved].
- Section 5-435 - Application of other laws.
- Section 5-436 - Bonds.
- Section 5-437 - Authorized purpose obligation not exceeding $250,000.
- Section 5-438 - Equity interest.
- Section 5-439 - Premiums and fees.
- Section 5-440 - Waiver of insurance premiums.
- Section 5-441 - Continuity of existing authorized purpose obligations.
- Section 5-442 - , 5-443. [Reserved].
- Section 5-444 - Status of authority.
- Section 5-445 - Energy project - In general.
- Section 5-446 - Energy project - Considerations; promotion.
- Section 5-447 - Energy conservation project.
- Section 5-448 - Solar energy project.
- Section 5-449 - , 5-450. [Reserved].
- Section 5-451 - Definitions.
- Section 5-452 - Established.
- Section 5-453 - Purpose.
- Section 5-454 - Placement.
- Section 5-455 - Application.
- Section 5-456 - Conditional approval.
- Section 5-457 - Review.
- Section 5-458 - Payment schedule.
- Section 5-459 - Loan commitment.
- Section 5-460 - State not liable.
- Section 5-461 - , 5-462. [Reserved].
- Section 5-463 - False statement or report.
- Section 5-464 - , 5-465. [Reserved].
- Section 5-466 - Short title.
- Subtitle 5 - Maryland Small Business Development Financing Authority
- Section 5-501 - Definitions.
- Section 5-502 - Legislative findings; purposes.
- Section 5-503 - , 5-504. [Reserved].
- Section 5-505 - Established.
- Section 5-506 - Membership.
- Section 5-507 - Officers.
- Section 5-508 - Quorum; meetings; reimbursement for expenses; staff.
- Section 5-509 - Executive Director.
- Section 5-510 - Conflicts of interest.
- Section 5-511 - Administration of programs; contracts; private corporation.
- Section 5-512 - Powers and duties.
- Section 5-513 - Service of process.
- Section 5-514 - Certain receipts payable.
- Section 5-515 - , 5-516. [Reserved].
- Section 5-517 - "Fund" defined.
- Section 5-518 - Established.
- Section 5-519 - Purpose.
- Section 5-520 - Administration.
- Section 5-521 - Status; investment; payment.
- Section 5-522 - Composition.
- Section 5-523 - Additional money.
- Section 5-524 - Uses.
- Section 5-525 - Financial assistance - Conditions.
- Section 5-526 - Financial assistance - Applicants.
- Section 5-527 - Financial assistance - Application procedures.
- Section 5-528 - Financial assistance - Terms.
- Section 5-529 - Annual report.
- Section 5-530 - Prohibited acts - Penalty.
- Section 5-531 - , 5-532. [Reserved].
- Section 5-533 - "Fund" defined.
- Section 5-534 - Established.
- Section 5-535 - Purpose.
- Section 5-536 - Administration.
- Section 5-537 - Status; investment; payment.
- Section 5-538 - Composition.
- Section 5-539 - Uses.
- Section 5-540 - Financial assistance - Conditions.
- Section 5-541 - Financial assistance - Qualifications of applicants.
- Section 5-542 - Financial assistance - Application procedures.
- Section 5-543 - Financial assistance - Terms.
- Section 5-544 - Annual report.
- Section 5-545 - Prohibited acts; penalty.
- Section 5-546 - Violation of loan documents; noncompliance with part.
- Section 5-547 - , 5-548. [Reserved].
- Section 5-549 - Definitions.
- Section 5-550 - Legislative findings; purposes.
- Section 5-551 - Established.
- Section 5-552 - Administration.
- Section 5-553 - Powers.
- Section 5-554 - Equity Participation Investment Program Fund - Established.
- Section 5-555 - Fund - In general.
- Section 5-556 - Application for financing.
- Section 5-557 - Requirements for financing.
- Section 5-558 - Limitation on liability of State.
- Section 5-559 - , 5-560. [Reserved].
- Section 5-561 - Definitions.
- Section 5-562 - Established.
- Section 5-563 - Status; investments.
- Section 5-564 - Composition.
- Section 5-565 - Uses.
- Section 5-566 - Powers of Authority - In general.
- Section 5-567 - Powers of Authority - Program.
- Section 5-568 - Surety - Authority as guarantor [Amendment subject to abrogation].
- Section 5-569 - Surety - Authority as surety [Amendment subject to abrogation].
- Section 5-570 - Economic impact of contract.
- Section 5-571 - Surety bonding line authorized.
- Section 5-572 - Qualifications of principal; bond requirements.
- Section 5-573 - Application.
- Section 5-574 - Premiums and fees.
- Section 5-575 - Prohibited acts; penalty.
- Subtitle 6 - Enterprise Fund
- Subtitle 7 - Enterprise Zones
- Section 5-701 - Definitions.
- Section 5-702 - Scope of subtitle.
- Section 5-703 - Enterprise zones - Application.
- Section 5-704 - Enterprise zones - Designation.
- Section 5-705 - Enterprise zones - Expansion.
- Section 5-706 - Focus area.
- Section 5-707 - Business entity incentives and initiatives.
- Section 5-708 - Effect of federal law.
- Section 5-709 - Assessment; report.
- Subtitle 8 - Foreign Trade Zones
- Subtitle 9 - Dredged Material Disposal Alternatives Program
- Subtitle 10 - Military Personnel and Service-Disabled Veterans No-Interest Loan Program
- Subtitle 11 - Rural Broadband Assistance Fund
- Subtitle 12 - Maryland Not-For-Profit Development Center Program
- Subtitle 13 - BRAC Revitalization and Incentive Zones