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Session Laws, 2006
Volume 750, Page 2108   View pdf image
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Ch. 389 2006 LAWS OF MARYLAND
(3) DEFRAYING OTHER NECESSARY EXPENSES. AS DETERMINED BY THE
DEPARTMENT OF VETERANS AFFAIRS. INCURRED BY A SERVICE-DISABLED VETERAN
OR A BUSINESS EMPLOYING A SERVICE-DISABLED VETERAN AS A RESULT OF THE
VETERAN'S DISABILITY. (D)     SUBJECT TO THE PROVISIONS OF THIS SECTION: (1)      THE DEPARTMENT SHALL ADMINISTER THE LOAN PROGRAM
AUTHORIZED UNDER THIS SECTION; AND (2)      THE DEPARTMENT OF VETERANS AFFAIRS SHALL ESTABLISH
ELIGIBILITY CRITERIA FOR LOANS UNDER THIS SECTION. (E)     (1) A LOAN MADE UNDER THIS SECTION FOR THE PURPOSE OF
PROVIDING FINANCIAL SUPPORT TO A BUSINESS OWNED BY AN INDIVIDUAL WHO IS
CALLED TO ACTIVE DUTY OR TO A SMALL BUSINESS EMPLOYER OF AN INDIVIDUAL
WHO IS CALLED TO ACTIVE DUTY: (I)      MAY BE MADE AT ANY TIME FROM THE INDIVIDUAL'S RECEIPT
OF ORDERS TO REPORT TO 6 MONTHS AFTER THE END OF THE INDIVIDUAL'S ACTIVE
DUTY; AND (II)     SHALL BE SUBJECT TO CRITERIA FOR ELIGIBILITY AND
PRIORITY ESTABLISHED BY THE DEPARTMENT OF VETERANS AFFAIRS, INCLUDING: 1. THE INABILITY OF THE BUSINESS TO OBTAIN
ACCEPTABLE CREDIT ELSEWHERE; AND 2. THE EXTENT TO WHICH THE INDIVIDUAL WHO IS CALLED
TO ACTIVE DUTY IS AN ESSENTIAL EMPLOYEE OF THE BUSINESS. (2) A LOAN MADE UNDER THIS SECTION FOR THE PURPOSE OF MAKING
ACCESSIBLE TO INDIVIDUALS WITH DISABILITIES THE HOME OR PLACE OF
EMPLOYMENT OF A SERVICE-DISABLED VETERAN MAY BE MADE AT ANY TIME. (F)     (1) THE DEPARTMENT SHALL ADOPT REGULATIONS TO CARRY OUT THIS
SUBTITLE. (2) THE DEPARTMENT OF VETERANS AFFAIRS MAY ADOPT
REGULATIONS CONCERNING ELIGIBILITY CRITERIA FOR LOANS UNDER THIS
SUBTITLE.
Article—Tax—General
10-726.
(A) (1) IN THIS SECTION THE FOLLOWING WORDS HAVE THE MEANINGS
INDICATED. (2) "QUALIFIED ACTIVE DUTY" MEANS: (I) ACTIVE DUTY IN CONNECTION WITH WHICH AN EMPLOYEE IS
ENTITLED TO REEMPLOYMENT RIGHTS AND OTHER BENEFITS OR TO A LEAVE OF
ABSENCE FROM EMPLOYMENT UNDER CHAPTER 43 OF TITLE 38 OF THE UNITED - 2108 -


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Session Laws, 2006
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