Ch. 396                            MARVIN MANDEL, Governor                                  841

Approved May 21, 1973.

CHAPTER 396
(Senate Bill 429)

AN ACT to repeal and re-enact, with amendments, [[Section]] Sections 266A(a)
and (d) and 266H-1 of Article 41 of the Annotated Code of Maryland (1971
Replacement Volume and 1972 Supplement), title "Governor - Executive and
Administrative Departments," subtitle "25. Department of Economic and
Community Development," subheading "Industrial Buildings for Counties and
Municipalities," I [to correct an error or ambiguity therein]] including
corporate headquarters or regional office buildings within the definition of
industrial buildings in the law authorizing local governments to issue bonds for
loans to industrial concerns, including any sports stadium or sports arena in
Prince George's County within this definition, and clarifying the definition of
pollution control facilities and the manner of making these loans and the
procedures for their issuance.

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That [[Section]] Sections 266A(a) and (d) and 266H-1 of Article
41 of the Annotated Code of Maryland (1971 Replacement Volume and 1972
Supplement), title "Governor-Executive and Administrative Departments," subtitle
"25. Department of Economic and Community Development," subheading
"Industrial Buildings for Counties and Municipalities," be and [[it is]] they are
hereby repealed and re-enacted, with amendments, to read as follows:

266A.

(a) As used in this subheading, the term "industrial building" or "buildings"
means any building or structure, or portion thereof, suitable for or intended for use
as a factory, mill, shop, processing plant, research and/or development laboratory,
warehouse, assembly plant, fabricating plant, and offices related to any of the
foregoing and/or necessary or useful machinery and equipment, to be leased or
sold to an industrial concern (or, in the case of pollution control facilities, to a
public service company) by the municipality or county by which it is acquired.
THE. TERM ALSO MEANS ANY OFFICE BUILDING FOR USE AS
CORPORATE OR COMPANY HEADQUARTERS OR REGIONAL
OFFICES WHICH THE LEGISLATIVE BODY OF A MUNICIPALITY OR
COUNTY FINDS WOULD MATERIALLY CONTRIBUTE TO ANY ONE
OR MORE OF THE LEGISLATIVE PURPOSES SET FORTH IN SECTION
266B(B). The term also means the land site or interests jo. land necessary or
desirable for the building or structure, together with roads, or other rights of
access, utilities, and other necessary facilities. THE TERM ALSO. MEANS ANY
SPORTS STADIUM OR SPORTS ARENA IN PRINCE GEORGE'S
COUNTY.

(d) The term "pollution control facilities" means any building, structure,
machinery, equipment or facility designed for the control, reduction, prevention or
abatement of pollution of the natural environment by gaseous, liquid, or solid
substances, discharges or radiation, (including adverse thermal effects therefrom),
noise or any combination thereof. The term includes any pollution control facilities
utilized by any public service company as defined in Article 78 of this Code and
INCLUDES BUT shall not be limited to pollution control facilities which can be
financed by bonds determined to be tax exempt under provisions of the Internal