Ch. 120                                    1995 LAWS OF MARYLAND

(iii) the degree to which the proposed use of funds will advance
statewide or local economic development strategies and objectives; and

(iv) the degree to which available sources of federal, State, local, and
private financial support has been sought and will be utilized;

(2)     the terms and conditions of any grant or loan for which the funds are to
be used;

(3)     a comprehensive economic analysis of the proposed use of the funds
which estimates:

(i) the economic impact to the State and the local jurisdictions
affected;

(ii) a minimum level of net economic benefits to the public sector; and

(iii) any other appropriate financial or economic benefits; and

(4)     any other analysis or information that is requested by the Legislative
Policy Committee.

(k) Funds appropriated to the Economic Development Opportunities Program
Fund may not be loaned or granted for:

(1)     substituting for funds from other State or local programs for which a
project may be eligible and sufficient resources exist;

(2)     projects which are not likely to attract or retain employment
opportunities;

(3)     funding projects located outside the State;

(4)     construction or land acquisition by the Maryland Stadium Authority; or

(5)     funding for any sports activity or facility.

Article - State Government
8-201.

(a)     The Executive Branch of the State government shall have not more than 21
principal departments, each of which shall embrace a broad, functional area of that
Branch.

(b)     The principal departments of the Executive Branch of the State government
are:

(1)     Agriculture;

(2)     Budget and Fiscal Planning;

(3)     BUSINESS AND Economic [and Employment] Development;

(4)     The Environment;

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