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Session Laws, 1999
Volume 796, Page 4275   View pdf image
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(G) IF AN APPLICANT VIOLATES ANY PROVISION OF THE FINANCIAL
ASSISTANCE DOCUMENTS OR CEASES TO MEET THE REQUIREMENTS OF, THIS
SUBTITLE, THE DEPARTMENT MAY:

(1) WITHHOLD FROM THE APPLICANT FURTHER ADVANCES OF
FINANCIAL ASSISTANCE UNTIL THE APPLICANT COMPLIES WITH THE AGREEMENT
OR REQUIREMENTS; AND

(2) EXERCISE ANY OTHER REMEDY FOR WHICH THE FINANCIAL
ASSISTANCE DOCUMENTS PROVIDE.

(H) THE DEPARTMENT SHALL ADOPT REGULATIONS NECESSARY TO CARRY
OUT THE PROVISIONS OF THIS SUBTITLE.

5-1305.

(A) THE STATE TREASURER SHALL REPORT ANNUALLY TO THE DEPARTMENT
AS TO:

(1) THE STATUS OF THE MONEY INVESTED UNDER THIS SUBTITLE;

(2) THE MARKET VALUE OF THE ASSETS IN THE FUND AS OF THE DATE
OF THE REPORT; AND

(3) THE INTEREST RECEIVED FROM INVESTMENTS FOR THE FUND
DURING THE PERIOD COVERED BY THE REPORT.

(B) THE DEPARTMENT SHALL REPORT TO THE GOVERNOR AND, SUBJECT TO §
2-1246 OF THE STATE GOVERNMENT ARTICLE, TO THE GENERAL ASSEMBLY BEFORE
JANUARY 1 OF EACH YEAR ON THE NUMBER, AMOUNT, USE, AND ECONOMIC
BENEFITS OF FINANCIAL ASSISTANCE PROVIDED UNDER THIS SUBTITLE.

Article - State Finance and Procurement

5-7B-01.

(d) (1) "Growth-related project" means only the items set forth below;

(iii) funding by the Department of Business and Economic
Development under any of the following:

1. the Maryland Industrial Land Act, authorized under
Article 83A, Title 5, Subtitle 7 of the Code;

2. the Maryland Industrial and Commercial Redevelopment
Fund, authorized under Article 83A, Title 5, Subtitle 8 of the Code;

3. the Maryland Industrial Development Financing
Authority, authorized under Article 83A, Title 5, Subtitle 9 of the Code:

4. the Maryland Small Business Development Financing
Authority, authorized under Article 83A, Title 5, Subtitle 10 of the Code;

5. the Maryland Energy Financing Act, authorized under
Article 83A, Title 6. Subtitle 4 of the Code; [and]

 

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Session Laws, 1999
Volume 796, Page 4275   View pdf image
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