Learn About The Law
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Current as of January 01, 2025 | Updated by Findlaw Staff
(a) A local government may apply to the Department for a grant from the Fund to a local economic development fund.
(b) In determining whether to approve a grant to a local economic development fund, the Department or Authority shall consider and determine:
(1) the average rate of unemployment for the local jurisdiction in comparison to the average rate of unemployment for the State;
(2) whether the local government currently administers a local economic development fund;
(3) the ability of the local government to leverage private money;
(4) the level of financial commitment provided by the local government; and
(5) any other factors that the Department or Authority considers relevant.
Cite this article: FindLaw.com - Maryland Code, Economic Development § 5-329 - last updated January 01, 2025 | https://codes.findlaw.com/md/economic-development/md-code-econ-dev-sect-5-329/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.
Make It a Preferred Google Search Source
Add to GoogleGet help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Search our directory by legal issue
Enter information in one or both fields (Required)