2354

LAWS OF MARYLAND

Ch. 411

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:

Article 28 - Maryland-National Capital Park and Planning

Commission

SUBTITLE 2. PAYMENT OF COMMISSION OBLIGATIONS

2-201.

(A)  IN THIS SUBTITLE THE FOLLOWING WORDS HAVE THE MEANINGS
INDICATED.

(B)  "PAYMENT DATE" MEANS THE DATE OF THE COMMISSION'S
CHECK.

(C)  "PROPER INVOICE" MEANS AN INVOICE THAT 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 THAT 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 COMMISSION.

2-202.

IT IS THE POLICY OF THE COMMISSION THAT PAYMENT PURSUANT TO
ANY AUTHORIZED, WRITTEN PROCUREMENT CONTRACT SHALL BE MADE BY THE
COMMISSION TO THE CONTRACTOR WITHIN 30 CALENDAR DAYS FROM THE
RECEIPT DATE OF A PROPER INVOICE.

2-203.

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.

2-204.

THE COMMISSION IS NOT LIABLE FOR THE PAYMENT OF INTEREST
UNDER 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)  FOR MORE THAN 1 YEAR FOLLOWING THE 31ST CALENDAR
DAY AFTER THE RECEIPT DATE;