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PARRIS N. GLENDENING, Governor
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H.B. 972
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(1) Consult with the Department and the Department of Labor,
Licensing, and Regulation; and
(2) Evaluate the potential employment and economic growth of
Maryland's industry sectors.
(c) In determining whether an applicant is engaged in an eligible industry
sector, the Department shall consider the definitions set forth in the standard
industrial classification manual.
(D) THE PROVISIONS OF THIS SECTION DO NOT APPLY TO FINANCIAL
ASSISTANCE TO A LOCAL GOVERNMENT THAT USES THE FINANCIAL ASSISTANCE
PROVIDED UNDER THIS SUBTITLE TO CARRY OUT A PROJECT THAT DOES NOT
BENEFIT A PARTICULAR PRIVATE SECTOR ENTITY.
(E) FOR THE PURPOSE OF PROVIDING FINANCIAL ASSISTANCE UNDER THIS
SUBTITLE, THE FOLLOWING SHALL BE DEEMED TO BE IN ELIGIBLE INDUSTRY
SECTORS AND ARE NOT SUBJECT TO THE REQUIREMENTS SPECIFICALLY IMPOSED
ON SIGNIFICANT STRATEGIC ECONOMIC DEVELOPMENT OPPORTUNITIES AND
LOCAL ECONOMIC DEVELOPMENT OPPORTUNITIES:
(1) ANIMAL WASTE TECHNOLOGY PROJECTS;
(2) AQUACULTURE PROJECTS;
(3) REDEVELOPMENT OF QUALIFIED BROWNFIELDS SITES; AND
(4) CREATION OR EXPANSION OF CHILD CARE FACILITIES.
5-1410. 5-1411.
(A) FINANCIAL ASSISTANCE PROVIDED, OR APPROVED TO BE PROVIDED,
FROM THE FORMER ANIMAL WASTE TECHNOLOGY FUND, THE FORMER MARYLAND
SEAFOOD AND AQUACULTURE LOAN FUND, THE FORMER BROWNFIELDS
REVITALIZATION INCENTIVE FUND, THE FORMER CHILD CARE FACILITIES DIRECT
LOAN FUND, THE FORMER CHILD CARE SPECIAL LOAN FUND, THE FORMER
MARYLAND INDUSTRIAL LAND ACT, OR THE FORMER MARYLAND INDUSTRIAL AND
COMMERCIAL REDEVELOPMENT FUND SHALL BE DEEMED AUTHORIZED UNDER THIS
SUBTITLE.
(B) MONEYS ON DEPOSIT IN THE FORMER ANIMAL WASTE TECHNOLOGY
FUND, THE FORMER MARYLAND SEAFOOD AND AQUACULTURE LOAN FUND, THE
FORMER BROWNFIELDS REVITALIZATION INCENTIVE FUND, THE FORMER CHILD
CARE FACILITIES DIRECT LOAN FUND, THE FORMER CHILD CARE SPECIAL LOAN
FUND, THE FORMER MARYLAND INDUSTRIAL LAND FUND, AND THE FORMER
MARYLAND INDUSTRIAL AND COMMERCIAL REDEVELOPMENT FUND SHALL BE
TRANSFERRED TO THE FUND ON JULY 1, 2000.
Article - Environment
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- 4693 -
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