# Economic Development (GEC)

## Title 10. Statewide Development Resources and Revenue Authorities

### Subtitle 6. Maryland Stadium Authority

#### Section 10-619

(a) Subject to the prior approval of the Board of Public Works, the Authority may:

  (1) hold an ownership interest in or operate a professional football or major league professional baseball team or team franchise for up to 2 years during a transition to private ownership; and

  (2) continue to hold, but not operate, an ownership interest in a professional football or major league professional baseball team during a transition of the team without a time limitation.

(b) If necessary, the Board of Public Works may renew its approval under subsection (a) of this section each year.

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Md. Code Ann., Econ. Dev. (as displayed at mgaleg.maryland.gov, October 16, 2026)