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Session Laws, 2004
Volume 801, Page 779   View pdf image
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ROBERT L. EHRLICH, JR., Governor                            Ch. 206

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.

(2) THIS SECTION DOES NOT APPLY TO FINANCIAL ASSISTANCE USED
SOLELY FOR THE PURPOSE OF ACQUIRING REAL PROPERTY OR STRUCTURES ON
REAL PROPERTY.

(B)     WITH RESPECT TO FINANCIAL ASSISTANCE UNDER THIS SUBTITLE TO A
LOCAL GOVERNMENT:

(1)      IF THE LOCAL GOVERNMENT HAS A PROGRAM FOR PROMOTING
PROCUREMENT OPPORTUNITIES AMONG MINORITY BUSINESSES THAT IS
ACCEPTABLE TO THE DEPARTMENT, THE LOCAL GOVERNMENT SHALL APPLY THE
REQUIREMENTS OF THAT PROGRAM TO THE PROCUREMENT OF GOODS OR SERVICES
MADE WITH THE PROCEEDS FROM THE FINANCIAL ASSISTANCE; BUT

(2)      IF THE LOCAL GOVERNMENT DOES NOT HAVE A PROGRAM THAT IS
ACCEPTABLE TO THE DEPARTMENT UNDER PARAGRAPH (1) OF THIS SUBSECTION,
THE LOCAL GOVERNMENT IS SUBJECT TO SUBSECTION (C) OF THIS SECTION.

(C)     (1) IN THIS SUBSECTION, "MINORITY BUSINESS ENTERPRISE" MEANS:

(I) AN INDIVIDUAL WHO HAS A SOCIAL OR ECONOMIC
IMPEDIMENT THAT;

1. IS BEYOND THE PERSONAL CONTROL OF THE INDIVIDUAL,
SUCH AS FINANCIAL CAPACITY, GEOGRAPHICAL OR REGIONAL ECONOMIC DISTRESS,
OR LACK OF FORMAL EDUCATION; AND

2. DOES NOT LIMIT THE ABILITY OF THE INDIVIDUAL TO
PROVIDE THE REQUIRED GOODS OR SERVICES; OR

- 779 -

 

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Session Laws, 2004
Volume 801, Page 779   View pdf image
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