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<section article="gec" article_name="Economic Development" number="10-1101" title_number="10" title_name="Statewide Development Resources and Revenue Authorities" subtitle_number="11" subtitle_name="Maryland Community Investment Corporation">
  <level label="a">
    <text>In this subtitle the following words have the meanings indicated.</text>
  </level>
  <level label="b">
    <text>“Board” means the Board of Directors of the Corporation.</text>
  </level>
  <level label="c">
    <text>“Corporation” means the Maryland Community Investment Corporation.</text>
  </level>
  <level label="d">
    <text>“Investment committee” means a committee appointed by the Board to advise on and approve investments as required under this subtitle.</text>
  </level>
  <level label="e">
    <text>“Low–income community” means a community in the State that meets the definition of a low–income community under 26 U.S.C. § 45D(e)(1).</text>
  </level>
  <level label="f">
    <text>“New markets tax credit” means the federal tax credits allocated under 26 U.S.C. § 45D.</text>
  </level>
  <level label="g">
    <text>“Qualified community development entity” means an entity that meets the definition of a qualified community development entity under 26 U.S.C. § 45D(c)(1).</text>
  </level>
  <level label="h">
    <text>“Qualified equity investment” means an investment that meets the definition of a qualified equity investment under 26 U.S.C. § 45D(b)(1).</text>
  </level>
</section>
