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PARRIS N. GLENDENING, Governor
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H.B. 972
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Commercial Revitalization and Rehabilitation Programs"; 3-901 through 3-905,
inclusive, and the subtitle "Subtitle 9. Brownfields Revitalization Incentive Program";
5-405; 5-601 through 5-610, inclusive, and the subtitle "Subtitle 6. Maryland
Enterprise Incentive Deposit Fund"; 5-701 through 5-718, inclusive; 5-801 through
5- 808, inclusive, and the subtitle "Subtitle 8. Industrial and Commercial
Redevelopment"; 5-915 and 5-917 through 5-928, inclusive, and the various parts;
6- 101 through 6-113, inclusive, and the subtitle "Subtitle 1. Day Care Facilities Loan
Guarantee Fund"; 6-201 through 6-213, inclusive, and the subtitle "Subtitle 2. Child
Care Facilities Direct Loan Fund"; 6-401 through 6-421, inclusive; and the subtitle
"Subtitle 4. Maryland Energy Financing Act 6-301 through 6-312, inclusive, and the
subtitle "Subtitle 3. Child Care Special Loan Fund"; 6-601 through 6-606, inclusive,
and the subtitle "Subtitle 6. Maryland Workforce Training Finance Fund"; and 6-801
through 6-807, inclusive, and the subtitle "Subtitle 8. Animal Waste Technology
Fund" of Article 83A - Department of Business and Economic Development of the
Annotated Code of Maryland be repealed.
SECTION 2. AND BE IT FURTHER ENACTED, That Section(s) 6-401
through 6-421 and the subtitle "Subtitle 4. Maryland Energy Financing Act" of
Article 83A - Department of Business and Economic Development of the Annotated
Code of Maryland be repealed.
SECTION 2. 3. AND BE IT FURTHER ENACTED, That the Laws of
Maryland read as follows:
Article 83A - Department of Business and Economic Development
Title 5. Economic Development and Financial Assistance Programs.
Subtitle 1. General Provisions.
5-101.
The Department shall administer the State's economic development and growth
funds to facilitate the attraction, creation, expansion, and retention of businesses and
jobs in Maryland. THE DEPARTMENT SHALL ASSIST AND ENCOURAGE LOCAL
GOVERNMENTS TO DEVELOP STRATEGIC PLANS FOR ECONOMIC DEVELOPMENT.
5-102.
The Department shall administer economic development and financial
assistance programs and funds, including the following:
(1) Maryland Small Business Development Financing Authority;
(2) Maryland Industrial Development Financing Authority;
(3) [Maryland Energy Financing Administration;
(4) Maryland Industrial and Commercial Redevelopment Fund;
(5) Maryland Industrial Land Act;
(6) ] Enterprise Fund;
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- 4647 -
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