Maryland Code, Economic Development § 10-1004

Current as of January 01, 2025 | Updated by Findlaw Staff

(a)(1) Subject to paragraph (2) of this subsection, the Authority consists of:

(i) the following members appointed by the Governor with the advice and consent of the Senate:

1. one member from a list of two individuals nominated by the Maryland Thoroughbred Horsemen's Association;

2. one member from a list of two individuals nominated by the Maryland Horse Breeders Association;

3. one member who represents Park Heights Renaissance, Inc.;

4. one member who represents the community surrounding the training facility site as defined under § 10-601 of this title; and

5. three other members who possess relevant industry, business, or government experience:

A. at least one of whom shall have experience in real estate development or the financial services industries; and

B. one of whom shall serve as Chair;

(ii) the Chair or Executive Director of the Maryland Stadium Authority, or the designee of the Chair or Executive Director;

(iii) the Chair or Executive Director of the Maryland Economic Development Corporation, or the designee of the Corporation's Board of Directors;

(iv) one member who is not an elected official, appointed by the President of the Senate;

(v) one member who is not an elected official, appointed by the Speaker of the House;

(vi) the following nonvoting, ex officio members, appointed by the Governor:

1. one member of the community who resides near Laurel Park Race Course;

2. one member of the community who resides near Pimlico Race Course; and

3. one member of the community who resides near the Bowie Race Course Training Center property; and

(vii) one nonvoting, ex officio member of the State Racing Commission, designated by a majority of the members of the State Racing Commission.

(2) A majority of the members of the Authority may not have a direct interest in thoroughbred horse racing as an owner, trainer, or licensee.

(b)(1) The term of a member is 4 years.

(2) At the end of a term, a member continues to serve until a successor is appointed and qualifies.

(3) The terms of the initial five members appointed by the Governor shall be staggered.

(c)(1) Five members of the Authority are a quorum.

(2) Action by the Authority requires the affirmative vote of at least five members of the Authority.

(d) A member of the Authority:

(1) may not receive compensation as a member of the Authority; but

(2) is entitled to reimbursement for expenses under the Standard State Travel Regulations, as provided in the State budget.

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Cite this article: FindLaw.com - Maryland Code, Economic Development § 10-1004 - last updated January 01, 2025 | https://codes.findlaw.com/md/economic-development/md-code-econ-dev-sect-10-1004/

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