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Maryland Code, Economic Development § 5-314

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(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 Tier I county projects;  and

(3) that no particular Tier I county benefits disproportionately from financial assistance to Tier I counties under this subtitle.

Cite this article: - Maryland Code, Economic Development § 5-314 - last updated December 31, 2021 |

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