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Session Laws, 2000
Volume 797, Page 488   View pdf image
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2000 LAWS OF MARYLAND
Ch. 61
(2) Moneys made available to the Fund through federal programs or
private contributions; (3) Income from investments that the State Treasurer makes from
moneys in the Fund; (4) Repayments of principal and interest from loans made from the Fund; (5) Proceeds from the sale, disposition, lease, or rental of collateral
related to any loan provided by the Department under this subtitle; (6) Application or other fees paid to the [program] FUND in connection
with the processing of requests for loans; and (7) Any other moneys made available to the Fund. 5-1405. (a) The Department may use moneys in the Fund to: (1) Provide loans to eligible applicants; and (2) Pay expenses for administrative, actuarial, legal, and technical
services for the [program] FUND. DRAFTER'S NOTE: Error: Incorrect word usage in Article 83A, §§ 5-1404(c)(6) and
5-1405(a)(2). Occurred: Ch. 301, Acts of 1999. 5-1501. (b) (3) (ii) 3. If a qualified business entity can show to the satisfaction of
the Comptroller or the Department of Assessments and Taxation that the nature of
the operations and activities of the qualified business entity are such that it is not
practical to use the separate accounting method to determine the net income from the
facility at which the eligible economic development project is located, the qualified
business entity shall determine net income from the eligible economic development
project using an alternative method approved by the [qualified] Comptroller or the
Department of Assessments and Taxation. DRAFTER'S NOTE: Error: Incorrect word usage in Article 83A, § 5-1501(b)(3)(ii)3.
Occurred: Ch. 303, Acts of 1999.
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Session Laws, 2000
Volume 797, Page 488   View pdf image
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