ROBERT L. EHRLICH, JR., Governor                             Ch. 449

Maryland Economic Development Assistance Authority and Fund to comply
with certain minority business enterprise procurement goals under certain
circumstances; requiring that certain minority business enterprise procurement
goals be included in certain financial assistance agreements; authorizing the
Department of Business and Economic Development to require certain
recipients of financial assistance to submit certain information; requiring the
Department to submit an annual report to a certain committee; defining certain
terms; providing for a delayed effective date; and generally relating to applying
minority business enterprise procurement goals to financial assistance for
economic development awarded under the Economic Development
Opportunities Program Fund and the Maryland Economic Development
Assistance Authority and Fund.

BY renumbering

Article 83A — Business and Economic Development

Section 5-1411

to be Section 5-1412

Annotated Code of Maryland

(2003 Replacement Volume)

BY adding to

Article 83A - Business and Economic Development

Section 5-1411

Annotated Code of Maryland

(2003 Replacement Volume)

BY adding to

Article - State Finance and Procurement

Section 7-314(q)

Annotated Code of Maryland

(2001 Replacement Volume and 2003 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That Section(s) 5-1411 of Article 83A - Business and Economic
Development of the Annotated Code of Maryland be renumbered to be Section(s)
5-1412.

SECTION 2. AND BE IT FURTHER ENACTED, That the Laws of Maryland
read as follows:

Article 83A - Business and Economic Development

5-1411.

(A) (1) THIS SECTION APPLIES TO FINANCIAL ASSISTANCE UNDER THIS
SUBTITLE THAT EXCEEDS $100,000.

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