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Session Laws, 2007
Volume 803, Page 3949   View pdf image
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Martin O'Malley, Governor Ch. 621
(a) (1) By resolution or regulation, the WSSC may implement a local
small business enterprise program. (2) THE OFFICE OF SMALL, LOCAL, AND MINORITY BUSINESS
ENTERPRISE, ESTABLISHED UNDER § 3-109(B)(2) OF THIS SUBTITLE, SHALL
ADMINISTER THE LOCAL SMALL BUSINESS ENTERPRISE PROGRAM
ESTABLISHED UNDER PARAGRAPH (1) OF THIS SUBSECTION. (b) The purpose of the program is to assist small businesses that are located
in Montgomery County and Prince George's County through the establishment of a
sheltered market or other appropriate preference or assistance involving the award of
construction contracts or the procurement of goods and services by the WSSC. (c) The WSSC shall adopt: (1) Eligibility criteria for businesses to qualify for the local small
business enterprise program, including: (i) A net worth not exceeding $250,000 under WSSC guidelines; (ii) An average net income after federal income taxes for the
preceding 2 years, excluding any carryover losses, not exceeding $100,000; (iii) A principal place of business IN MONTGOMERY COUNTY
OR PRINCE GEORGE'S COUNTY or a significant [employment] EMPLOYEE presence
IN MONTGOMERY COUNTY OR PRINCE GEORGE'S COUNTY WITH NO LESS THAN
30% 25% OF THE BUSINESS'S TOTAL NUMBER OF EMPLOYEES BEING DOMICILED in Montgomery County or Prince George's County; and (iv) Any other eligibility criteria that the WSSC determines to be
necessary or otherwise appropriate for the promotion of local small businesses in its
service area; and (2) Administrative procedures for conducting the program. (d) A business enterprise may qualify as a local small business for purposes
of the program without regard to the race, ethnicity, or gender of the participants in
the business enterprise. (e) The WSSC shall establish graduation criteria from the program for local
small businesses that the WSSC determines no longer require the assistance or
benefits offered by the program.
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Session Laws, 2007
Volume 803, Page 3949   View pdf image
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