Md. Code, Econ. Dev. § 5-314

Current with changes from the 2024 Legislative Session
Section 5-314 - Use of 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 Tier I county projects; and
(3) that no particular Tier I county benefits disproportionately from financial assistance to Tier I counties under this subtitle.

Md. Code, EC § 5-314

Amended by 2019 Md. Laws, Ch. 82,Sec. 1, eff. 7/1/2019.