|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
PARRIS N. GLENDENING, Governor H.B. 972
|
|
|
|
|
|
|
|
|
|
[6.] 3. 4. the Economic Development Opportunities Program
Fund, authorized under § 7-314 of this article;
[7.] 4. 5. the Maryland Competitive Advantage Financing
Fund, authorized under Article 83A, Title 5, Subtitle 13 of the Code; and
[8.] 5. 6. the Maryland Economic Development Assistance
Authority and Fund, authorized under Article 83A, Title 5, Subtitle 14 of the Code;
(iv) funding by the Department of the Environment, for any project
under:
1. §§ 9-1601 through 9-1605 (Water Quality Revolving Loan
Fund) of the Environment Article except for funding nonpoint source pollution
projects;
2. §§ 9-420 through 9-426 (Water Supply Financial
Assistance Program) of the Environment Article; and
3. the supplemental assistance program authorized under
Title 9, Subtitle 3, Part VI of the Environment Article; and
(v) except as provided in paragraph (2) of this subsection,
procurement or funding of projects by the Department of General Services for:
1. leases of property by the State governed by §§ 4-318
through 4-321 of this article;
2. public improvements governed by §§ 4-410 and 4-410.1 of
this article; and
3. land acquisition governed by §§ 4-411 through 4-416 of
this article.
Subtitle 3. Unspent Balances.
7-314.
(a) (1) In this section the following words have the meanings indicated.
(2) "Fund" means the Economic Development Opportunities Program
Fund.
(3) (i) "Performance requirement" means a contractual agreement
between an executive agency and a Fund recipient that requires the Fund recipient to
meet minimum economic development outcomes in exchange for a grant or a loan
under this section.
(ii) "Performance requirement" includes claw-back, penalty,
rescission, and recalibration clauses that utilize job creation, capital investment, and
other measures of economic development.
|
|
|
|
|
|
|
|
|
|
- 4695 -
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
 |
