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Session Laws, 2004
Volume 801, Page 3245   View pdf image
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ROBERT L. EHRLICH, JR., Governor                          H.B. 1179

(2) IF, WHILE THE PROGRAM IS IN EFFECT, THE GOVERNOR AND
GENERAL AS
SEMBLY FAIL TO APPROPRIATE ANY OR ALL OF THE INDIVIDUAL FUND
AMOUNTS SPECIFIED IN SUBSECTIONS (B) THROUGH (F) OF THIS SECTION IN ANY
GIVEN FISCAL YEAR, THE BASELINE BUDGET OF THE AFFECTED DEPARTMENT OR
UNIT SHALL BE INCREASED IN THE NEXT YEAR BY THE DIFFERENCE BETWEEN THE
AMOUNT SPECIFIED IN THIS SECTION AND THE AMOUNT ACTUALLY APPROPRIATED.

(3) IF IN 2 OR MORE FISCAL YEARS THE GOVERNOR AND GENERAL
ASSEMBLY FAIL TO APPROPRIATE ANY OR ALL OF THE INDIVIDUAL FUND AMOUNTS
SPECIFIED IN SUBSECTIONS (B) THROUGH (F) OF THIS SECTION IN ANY GIVEN
FISCAL YEAR, THE BASELINE BUDGET INCREASE REQUIRED UNDER PARAGRAPH (1)
OF THIS
SUBSECTION SHALL BE CALCULATED WITH A CUMULATIVE EFFECT.

13-506.

(A) WITHIN 90 DAYS AFTER THE START OF EACH FISCAL YEAR, THE
DEPARTMENT OF BUDGET AND MANAGEMENT
SHALL REPORT ON THE PROGRAM TO
THE WESTERN MARYLAND, SOUTHERN MARYLAND, EASTERN SHORE, AND HARFORD
COUNTY DELEGATIONS TO THE GENERAL A
SSEMBLY, AND, SUBJECT TO § 2-1246 OF
THE STATE GOVERNMENT ARTICLE, TO THE GENERAL A
SSEMBLY.

(B) THE REPORT SHALL SET FORTH AN ANNUAL AND CUMULATIVE
FINANCIAL ANALY
SIS OF THE PROGRAM AND ITS FUNDING, AND SUMMARIZE THE
PROGRAM'S ACCOMPLISHMENTS DURING THE PRECEDING FI
SCAL YEAR.

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

Article 41 - Governor - Executive and Administrative Departments

SUBTITLE 6. 5. MARYLAND AGRICULTURAL AND RESOURCE-BASED INDUSTRY
DEVELOPMENT CORPORATION.

13-601. 13-501.

(A)     IN THIS SUBTITLE THE FOLLOWING TERMS HAVE THE MEANINGS
INDICATED.

(B)     "AGRICULTURAL LOAN" MEANS A LOAN MADE BY A LENDING INSTITUTION
TO ANY PERSON FOR THE PURPOSE OF FINANCING:

(1)      LAND ACQUISITION OR IMPROVEMENT;

(2)      AGRICULTURAL, AQUACULTURAL, EQUINE, HORTICULTURAL, OR
SILVICULTURAL PRODUCTION;

(3)      SOIL CONSERVATION;

(4)      POND CONSTRUCTION;

(5)      IRRIGATION;

(6)     WATER WELL DRILLING;

- 3245 -

 

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Session Laws, 2004
Volume 801, Page 3245   View pdf image
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