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VETOES
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H.B. 972
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of the Maryland Industrial Development Financing Authority[, the Maryland
Industrial Land Act, and the Maryland Industrial and Commercial Redevelopment
Fund Act] AND THE MARYLAND ECONOMIC DEVELOPMENT ASSISTANCE AUTHORITY
AND FUND.
Subtitle 14. Maryland Economic Development Assistance Authority and Fund.
5-1401.
(a) In this subtitle the following words have the meanings indicated.
(B) "ANIMAL WASTE TECHNOLOGY PROJECT" MEANS THE RESEARCH,
DEVELOPMENT, IMPLEMENTATION, OR MARKET DEVELOPMENT OF TECHNOLOGY
THAT IS INTENDED TO:
(1) REDUCE THE AMOUNT OF NUTRIENTS IN ANIMAL WASTE;
(2) ALTER THE COMPOSITION OF ANIMAL WASTE; .
(3) DEVELOP ALTERNATIVE WASTE MANAGEMENT STRATEGIES; OR
(4) USE ANIMAL WASTE IN A PRODUCTION PROCESS.
(C) "AQUACULTURE PROJECT" MEANS A PROJECT THAT ENCOURAGES
INNOVATION, EXPANSION, AND MODERNIZATION OF THE SEAFOOD PROCESSING
INDUSTRY OR THE AQUACULTURE INDUSTRY
[(b)] (D) "Authority" means the Maryland Economic Development Assistance
Authority.
(E) "BROWNFIELDS REVITALIZATION INCENTIVE PROGRAM" MEANS THE
PROGRAM WITHIN THE DEPARTMENT UNDER WHICH FINANCIAL ASSISTANCE FROM
THE FUND IS PROVIDED FOR THE REDEVELOPMENT OF QUALIFIED BROWNFIELDS
SITES, AS SET FORTH IN § 5-1408 OF THIS SUBTITLE.
(F) (1) "BROWNFIELDS SITE" MEANS:
(I) AN ELIGIBLE PROPERTY, AS DEFINED IN § 7-501 OF THE
ENVIRONMENT ARTICLE, THAT IS:
1. OWNED OR OPERATED BY AN INCULPABLE PERSON, AS
DEFINED IN § 7-501 OF THE ENVIRONMENT ARTICLE; AND
2. LOCATED IN A TAXING JURISDICTION THAT HAS ELECTED
TO PARTICIPATE IN THE BROWNFIELDS REVITALIZATION INCENTIVE PROGRAM IN
ACCORDANCE WITH § 9-229 OF THE TAX - PROPERTY ARTICLE; OR
(II) PROPERTY WHERE THERE IS A RELEASE, DISCHARGE, OR
THREATENED RELEASE OF OIL, AS DEFINED IN § 4-101 OF THE ENVIRONMENT
ARTICLE, THAT IS:
1. SUBJECT TO A CORRECTIVE ACTION PLAN APPROVED BY
THE DEPARTMENT OF THE ENVIRONMENT IN ACCORDANCE WITH TITLE 4 OF THE
ENVIRONMENT ARTICLE; AND
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- 4678 -
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