Md. Code, Economic Development § 5-331

Md. Code, Economic Development § 5-331
in effect
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(a) During each fiscal year the Department may not grant more than $2,000,000 under this part. (b) (1) Subject to paragraph (2) of this subsection, during each fiscal year a county may not receive more than $250,000 under this part. (2) For purposes of the limitation under paragraph (1) of this subsection: (i) any money received under this part by a municipal corporation or designated agency or instrumentality is deemed to be money granted to the county within which the municipal corporation, agency, or instrumentality is located; and (ii) if more than one county administers or capitalizes a local economic development fund, each county may receive the maximum authorized for a county.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gec&section=5-331&enactments=falseFetched: 10/16/2026