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ROBERT L. EHRLICH, JR., Governor
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Ch. 183
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and subsequent amendments, including the State Energy Efficiency Programs
Improvement Act of 1990, Pub. Law No. 101-440;
(vii) FOR ENERGY EFFICIENCY AND ECONOMIC DEVELOPMENT
LOANS PROVIDED UNDER TITLE 9, SUBTITLE 20A OF THE STATE GOVERNMENT
ARTICLE;
(VIII) for community energy loans provided under Title 9, Subtitle 21
of the State Government Article; or
[(viii)] (LX) for any other purpose required as a condition of their
acceptance.
(3) In addition to the provisions of paragraph (2) of this subsection,
priority shall be given to the energy assistance and weatherization programs.
(4) Disbursements from the Fund to programs funded by the State or
with federal funds administered by the State shall be used solely to supplement, and
not to supplant, funds otherwise available for such programs under federal or State
law.
Article - State Government
SUBTITLE 20A. ENERGY EFFICIENCY AND ECONOMIC DEVELOPMENT LOAN
PROGRAM.
9-20A-01.
(A) IN THIS SUBTITLE THE FOLLOWING WORDS HAVE THE MEANINGS
INDICATED.
(B) "ADMINISTRATION" MEANS THE MARYLAND ENERGY ADMINISTRATION.
(C) "BORROWER" MEANS AN ELIGIBLE BUSINESS SELECTED TO RECEIVE A
LOAN UNDER THIS PROGRAM.
(D) "ELIGIBLE BUSINESS" MEANS A COMMERCIAL ENTERPRISE OR BUSINESS:
(1) THAT IS INCORPORATED IN THE STATE; OR
(2) WHOSE PRINCIPAL OWNERS ARE STATE RESIDENTS AND THE
BUSINESS OF WHICH IS PRINCIPALLY CARRIED OUT IN THE STATE.
(E) "ENERGY COST SAVINGS" MEANS THE ACTUAL REDUCTION IN OPERATING
EXPENSES RESULTING FROM THE IMPROVED ENERGY EFFICIENCY GENERATED BY
AN ENERGY CONSERVATION PROJECT FINANCED UNDER THE PROGRAM.
(F) "FUND" MEANS THE ENERGY EFFICIENCY AND ECONOMIC DEVELOPMENT
LOAN PROGRAM FUND.
(G) "PROGRAM" MEANS THE ENERGY EFFICIENCY AND ECONOMIC
DEVELOPMENT LOAN PROGRAM.
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- 1123 -
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