Md. Code Ann., Econ. Dev. § 5-314
Redline — January 1, 2019 → current.View current text →
Current — January 1, 2020
As of January 1, 2019
(a) The Department may use money in the Fund to:
(1) provide financial assistance to eligible applicants; and
(2) pay expenses for administrative, actuarial, legal, and technical services for the Fund.
(a) The Department may use money in the Fund to:
(1) provide financial assistance to eligible applicants; and
(2) pay expenses for administrative, actuarial, legal, and technical services for the Fund.
(b) The Department periodically shall review its portfolio in an effort to ensure: (1) the equitable distribution among the counties of money from the Fund; (2) adequate funding for qualified distressed county projects; and (3) that no particular qualified distressed county benefits disproportionately from financial assistance to qualified distressed counties under this subtitle.
(b) The Department periodically shall review its portfolio in an effort to ensure: (1) the equitable distribution among the counties of money from the Fund; (2) adequate funding for Tier I county projects; and (3) that no particular Tier I county benefits disproportionately from financial assistance to Tier I counties under this subtitle.
Official source: Maryland General Assembly. Reproduced from public-domain Maryland statutes; confirm against the official source for the current text. Not legal advice.