§ 5–444
Statutes in effect as of October 1, 2026.
Md. Code Ann., Econ. Dev. § 5-444 (2026)
Title 5. Economic Development and Financial Assistance Programs
Subtitle 4. Maryland Industrial Development Financing Authority
§ 5–444LinkCopy Citation
(a)
(1)
The Authority shall participate in financial assistance programs for energy projects provided by the federal Energy Security Act, P.L. 96-294.
(2)
For purposes of that Act, the Authority is a “person” as defined in:
(i)
42 U.S.C. § 8802, concerning the financing of biomass energy, municipal solid waste, and alcohol fuels projects; and
(ii)
30 U.S.C. § 1511, concerning the financing of geothermal energy projects.
(b)
For purposes of the federal Public Utility Regulatory Policies Act of 1978, the Authority is a “nonprofit organization” as defined in 16 U.S.C. § 2708 and used in 16 U.S.C. §§ 2702 and 2703, concerning small-scale hydropower projects.