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Maryland Code, State Finance and Procurement § 10A-104

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

(a)(1) By January 1 of each year, each reporting agency shall submit to the budget committees, in accordance with § 2-1257 of the State Government Article:

(i) a report concerning each public-private partnership under consideration that has not been reviewed or approved previously by the General Assembly; and

(ii) a status report concerning each existing public-private partnership in which the reporting agency is involved.

(2) The reports submitted by the Department of General Services under this subsection shall include information concerning all public-private partnerships involving units within the Executive Branch of State government, except for those units that are also reporting agencies.

(b) By January 1 of each year, a unit of State government that provides conduit financing for a public-private partnership shall submit to the budget committees, in accordance with § 2-1257 of the State Government Article, a list that includes each public-private partnership for which the unit is providing conduit financing.

(c) The annual report of the Capital Debt Affordability Committee required under § 8-112 of this article shall include an analysis of the aggregate impact of public-private partnership agreements on the total amount of new State debt that prudently may be authorized for the next fiscal year.

(d) All existing public-private partnerships and any public-private partnership that is expected to be solicited shall be listed annually as appropriate in the annual capital budget or the Consolidated Transportation Program.

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Cite this article: FindLaw.com - Maryland Code, State Finance and Procurement § 10A-104 - last updated January 01, 2025 | https://codes.findlaw.com/md/state-finance-and-procurement/md-code-state-fin-and-proc-sect-10a-104/

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