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Session Laws, 1983
Volume 745, Page 572   View pdf image
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572 Ch. 73
LAWS OF MARYLAND
(A)  FALSE STATEMENT OR REPORT IN APPLICATION OR DOCUMENT. -
A PERSON MAY NOT KNOWINGLY MAKE OR CAUSE ANY FALSE STATEMENT OR
REPORT TO BE MADE IN ANY APPLICATION OR IN ANY DOCUMENT FURNISHED
TO THE AUTHORITY. (B)  FALSE STATEMENT OR REPORT TO INFLUENCE AUTHORITY. - A
PERSON MAY NOT KNOWINGLY MAKE OR CAUSE ANY FALSE STATEMENT OR
REPORT TO BE MADE FOR THE PURPOSE OF INFLUENCING THE ACTION OF
THE AUTHORITY ON AN APPLICATION FOR FINANCIAL ASSISTANCE OR FOR
THE PURPOSE OF INFLUENCING ANY ACTION OF THE AUTHORITY AFFECTING
FINANCIAL ASSISTANCE WHETHER OR NOT SUCH ASSISTANCE MAY HAVE
ALREADY BEEN EXTENDED. (C)  PENALTIES FOR VIOLATION . - ANY PERSON, OR ANY AIDER
AND ABETTOR, WHO VIOLATES ANY PROVISION OF THIS SECTION IS GUILTY
OF A MISDEMEANOR AND ON CONVICTION IS SUBJECT TO A FINE NOT
EXCEEDING $50,000 OR IMPRISONMENT IN THE PENITENTIARY NOT
EXCEEDING 5 YEARS, OR BOTH. 13-141. THIS SUBTITLE MAY BE REFERRED TO AS THE MARYLAND INDUSTRIAL
DEVELOPMENT FINANCING AUTHORITY ACT. Article 41 - Governor - Executive and Administrative Departments 266A. (c) "Authority" means an industrial development authority
created under § 266C of this subtitle. AS USED IN THIS SUBTITLE,
AUTHORITY DOES NOT INCLUDE THE MARYLAND INDUSTRIAL DEVELOPMENT
FINANCING AUTHORITY. (g) "Facility" or "facilities" means any land or interest
in land, buildings, structures, machinery, equipment,
furnishings, or other real or personal property or interest in
them, or any combination of them, the acquisition of which the
legislative body of a municipality or county, [or] the board of
directors of an authority, OR THE MARYLAND INDUSTRIAL DEVELOPMENT
FINANCING AUTHORITY, in its sole and absolute discretion, finds
and determines by resolution will accomplish 1 or more of the
legislative purposes set forth in § 266B of this subtitle,
including, without limitation, that or those which may be
financed from the proceeds of the issuance and sale of bonds the
interest on which is exempt from federal income taxation under
the provisions of § 103 of the Federal Internal Revenue Code of
1954 or any other federal statute hereafter enacted. A facility
does not constitute a capital project of [a municipality or
county] ANY PUBLIC BODY within the meaning of any statutory or
charter provision. (n) "Public body" means any county, municipality, [or]
authority[.], OR THE MARYLAND INDUSTRIAL DEVELOPMENT FINANCING
AUTHORITY.


 
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Session Laws, 1983
Volume 745, Page 572   View pdf image
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