Ch. 75                                     2004 LAWS OF MARYLAND

(21) (20) THE MARYLAND STADIUM AUTHORITY;
(22) (21) THE MARYLAND PORT AUTHORITY;

(23)    (22) THE STATE LOTTERY AGENCY; AND

(24)    (23) (22) THE MORGAN STATE UNIVERSITY.

(C)     "SMALL BUSINESS" MEANS:

(1)      A CERTIFIED MINORITY BUSINESS ENTERPRISE, AS DEFINED IN §
14-301 OF THIS TITLE, THAT MEETS THE CRITERIA SPECIFIED UNDER PARAGRAPH (2)
OF THIS SUBSECTION; OR

(2)      A BUSINESS, OTHER THAN A BROKER, THAT MEETS THE FOLLOWING
CRITERIA:

(1) (I) THE BUSINESS IS INDEPENDENTLY OWNED AND OPERATED;

(2)     (II) THE BUSINESS IS NOT A SUBSIDIARY OF ANOTHER BUSINESS;
(3) (III) THE BUSINESS IS NOT DOMINANT IN ITS FIELD OF OPERATION;

(4)      (IV) THE WHOLESALE OPERATIONS OF THE BUSINESS DID NOT
EMPLOY MORE THAN 50 PERSONS, AND THE GROSS SALES OF THE BUSINESS DID NOT
EXCEED AN AVERAGE OF $2,000,000 IN ITS MOST RECENTLY COMPLETED FISCAL
YEAR 3 FISCAL YEARS;

(5) (V) THE RETAIL OPERATIONS OF THE BUSINESS DID NOT EMPLOY
MORE THAN 25 PERSONS, AND THE GROSS SALES OF THE BUSINESS DID NOT EXCEED
$1,000,000 IN ITS MOST RECENTLY COMPLETED FISCAL YEAR AN AVERAGE OF
$2,000,000 IN ITS MOST RECENTLY COMPLETED 3 FISCAL YEARS;

(6) (VI) THE MANUFACTURING OPERATIONS OF THE BUSINESS DID
NOT EMPLOY MORE THAN 100 PERSONS, AND THE GROSS SALES OF THE BUSINESS
DID NOT EXCEED $1,000,000 IN ITS MOST RECENTLY COMPLETED FISCAL YEAR AN
AVERAGE OF $2,000,000 IN ITS MOST RECENTLY COMPLETED 3 FISCAL YEARS:

(7) (VII) THE SERVICE OPERATIONS OF THE BUSINESS DID NOT EMPLOY
MORE THAN 100 PERSONS, AND THE GROSS SALES OF THE BUSINESS DID NOT
EXCEED $1,000,000 IN ITS MOST RECENTLY COMPLETED FISCAL YEAR AN AVERAGE
OF $2,000,000 IN ITS MOST RECENTLY COMPLETED 3 FISCAL YEARS; AND

(8)      (VIII) THE CONSTRUCTION OPERATIONS OF THE BUSINESS DID NOT
EMPLOY MORE THAN 50 PERSONS, AND THE GROSS SALES OF THE BUSINESS DID NOT
EXCEED $4,000,000 IN ITS MOST RECENTLY COMPLETED FISCAL YEAR AN AVERAGE
OF $7,000,000 IN ITS MOST RECENTLY COMPLETED 3 FISCAL YEARS.

(D)     "SMALL BUSINESS RESERVE" MEANS THOSE PROCUREMENTS THAT ARE
LIMITED TO RESPONSES FROM SMALL BUSINESSES UNDER § 14-502(B) OF THIS
SUBTITLE.

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