# Economic Development (GEC)

## Title 5. Economic Development and Financial Assistance Programs

### Subtitle 4. Maryland Industrial Development Financing Authority

#### Section 5-427

(a) The Authority shall send a written request to the Board of Public Works for additional money if:

  (1) the Authority and the Secretary find that more money is needed to keep the reserves of the Fund at an adequate level; and

  (2) the Secretary consents to the request.

(b) The Board of Public Works may disburse the requested amount from the General Emergency Fund.

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