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Session Laws, 2005
Volume 752, Page 1731   View pdf image
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ROBERT L. EHRLICH, JR., Governor                             Ch. 360 respect to which insurance is provided by the Authority is located in a [county where
the average unemployment rate is at least 1 percent greater than the average
unemployment rate for the United States, as determined in accordance with this
section] QUALIFIED DISTRESSED COUNTY. [(b) (1) Average unemployment rates for a county shall be those established
by the State Employment Security Administration or any other agency or
instrumentality responsible for establishing the rates. (2) Average unemployment rates for the United States shall be those
established by the United States Department of Labor or any other agency or
department responsible for establishing the rates. (c) The Authority shall: (1)     Annually review the unemployment rates; and (2)     Only consider annual unemployment rates established not more than
12 months before the date of the Authority's review.] 5-927. (a) (1) In this section the following words have the meanings indicated. (3)     "Eligible business" means a for-profit business that: (i) Is located in a [county that has an unemployment rate of 130
percent of the unemployment rate for the State during the most recent 4 consecutive
quarters for which data are available and has a population under 200,000]
QUALIFIED DISTRESSED COUNTY; (ii) Is in good standing with each State regulatory authority with
jurisdiction over the business of the applicant, including the State Workers'
Compensation Commission, the Department of Assessments and Taxation, and the
Department of Labor, Licensing and Regulation; and (iii) Employs 500 or fewer employees. 5-1401. (a) In this subtitle the following words have the meanings indicated. (u) "Qualified distressed county" means a county that has developed in
consultation with the municipal corporations located within the county and submitted
to the Secretary a local strategic plan for economic development that has been
approved by the Secretary and: (1)     For which the average rate of unemployment for the most recent
18-month period for which data are available exceeds 150% of the average rate of
unemployment for the entire State during the same period; or (2)     For which the average per capita personal income for the most recent
24-month period for which data are available does not exceed 67% of the average
personal per capita income for the entire State during the same period. - 1731 -


 
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Session Laws, 2005
Volume 752, Page 1731   View pdf image
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