PARRIS N. GLENDENING, Governor
Ch. 382
ADMINISTRATIVE AND OPERATING EXPENSES, ORGANIZATIONAL COSTS, AND
OTHER COSTS ASSOCIATED WITH THE PRODUCTION OF HOUSING.
[(b)](D) Subject to § 2-1202 of this subtitle, a nonprofit organization may receive
a grant or grants, for up to 3 years for capacity building purposes in each of the housing
development areas of rental housing programs, home ownership programs, and special
loan programs.
[(c)](E) A grant made under § 2-1202 of this subtitle may be for a term of up to
3 years if, in the determination of the Department, the performance of the nonprofit
organization in the preceding year is acceptable and funds are appropriated and available
in the succeeding year.
(F) SUBJECT TO § 2-1203.1 OF THIS SUBTITLE, A NONPROFIT ORGANIZATION
MAY RECEIVE PERFORMANCE FUNDING GRANTS, EACH GRANT HAVING A TERM OF
UP TO 3 YEARS IN EACH OF THE HOUSING DEVELOPMENT AREAS OF RENTAL
HOUSING PROGRAMS, HOMEOWNERSHIP PROGRAMS, AND SPECIAL LOAN
PROGRAMS FOR AS LONG AS THE DEPARTMENT DETERMINES THAT THE
NONPROFIT ORGANIZATION IS IN NEED OF ASSISTANCE WITH OPERATING COSTS,
HAS SUSTAINED PERFORMANCE, AND HAS MET THE GOALS IN THE ORGANIZATION'S
ANNUAL WORK PROGRAM.
[(d)](G) During any fiscal year, the total amount of all operating assistance AND
PERFORMANCE FUNDING grants made under this subtitle shall be made from, and may
not exceed [1] 2 percent UP TO 1 PERCENT of the total aggregate amount of budgeted
moneys in the Rental Housing Programs Fund, Homeownership Programs Fund, and
Special Loan Programs Fund AND FROM ANY FUNDS APPROPRIATED FROM ANY
OTHER SOURCE.
[2-1206.
The demonstration projects authorized under this subtitle shall terminate on June
30, 1997.]
SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
June 1, 1997.
Approved May 8, 1997.
CHAPTER 382
(Senate Bill 754)
AN ACT concerning
Sales and Use Tax, Vessel Excise Tax, and Property Tax - Marine Spill Response
Organizations
FOR the purpose of providing an exemption under the vessel excise tax for possession
within the State of certain vessels owned by certain nonprofit marine spill response
organizations; providing an exemption under the sales and use tax for certain sales
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