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Ch. 419
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1334
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LAWS OF MARYLAND
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3-1101.
(A) FOR THE PURPOSES OF THIS SUBTITLE, THE FOLLOWING WORDS
HAVE THE MEANINGS INDICATED.
(B) "PAYMENT DATE" MEANS THE DATE OF THE STATE TREASURER'S
CHECK.
(C) "PROPER INVOICE" MEANS AN INVOICE WHICH CONTAINS THE
CONTRACTOR'S FEDERAL EMPLOYER'S IDENTIFICATION NUMBER OR SOCIAL
SECURITY NUMBER AND THE CONTRACT OR PURCHASE ORDER NUMBER OR
OTHER DESCRIPTION OF THE CONTRACT AND WHICH CONTAINS OR IS
ACCOMPANIED BY SUCH SUBSTANTIATING INFORMATION AND DOCUMENTATION
AS IS REQUIRED BY REGULATION OR CONTRACT.
(D) "RECEIPT DATE" MEANS THE DATE THAT A PROPER INVOICE IS
RECEIVED BY THE STATE AGENCY.
3-1102.
IT IS THE POLICY OF THIS STATE THAT PAYMENT PURSUANT TO ANY
AUTHORIZED, WRITTEN PROCUREMENT CONTRACT SHALL BE MADE BY THE
STATE AGENCY INVOLVED TO THE CONTRACTOR NOT LATER THAN 30
CALENDAR DAYS FROM THE RECEIPT DATE OF A PROPER INVOICE.
3-1103.
ANY AMOUNT DUE AND PAYABLE PURSUANT TO LAW AND UNDER AN
AUTHORIZED, WRITTEN PROCUREMENT CONTRACT WHICH REMAINS UNPAID FOR
MORE THAN 45 CALENDAR DAYS AFTER THE RECEIPT DATE SHALL ACCRUE
INTEREST, AT THE RATE SPECIFIED IN § 11-107(A) OF THE COURTS AND
JUDICIAL PROCEEDINGS ARTICLE, FOR THE PERIOD THAT BEGINS 31
CALENDAR DAYS AFTER THE RECEIPT DATE.
3-1104.
A STATE AGENCY IS NOT LIABLE FOR THE PAYMENT OF INTEREST
PURSUANT TO THIS SUBTITLE:
(1) IF A PROPER INVOICE FOR ACCRUED INTEREST IS NOT
SUBMITTED WITHIN 30 CALENDAR DAYS AFTER THE PAYMENT DATE OF THE
AMOUNT ON WHICH THE INTEREST ACCRUED;
(2) IF A CLAIM HAS BEEN FILED UNDER TITLE 7
(ADMINISTRATIVE AND CIVIL REMEDIES) OF THIS ARTICLE;
(3) FOR MORE THAN 1 YEAR FOLLOWING THE 31ST CALENDAR
DAY AFTER THE RECEIPT DATE; OR
(4) ON AMOUNTS REPRESENTING UNPAID INTEREST.
3-1105.
THE GOVERNOR SHALL RESOLVE ANY DISPUTE AMONG STATE AGENCIES
AS TO WHICH AGENCY IS RESPONSIBLE FOR A DELAYED PAYMENT.
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