§ 14–1005
Statutes in effect as of October 1, 2026.
Md. Code Ann., State Fin. & Proc. § 14-1005 (2026)
Title 14. Preferences
Subtitle 10
§ 14–1005LinkCopy Citation
(a)
A contractor that is awarded a contract for a covered procurement shall provide to a unit, as a condition of receiving the contract, written verification of the IRS determination letter for the contractor’s employee stock ownership plan.
(b)
The written verification required under subsection (a) of this section shall be provided by a contractor to the unit responsible for the project with the submission of a proposal.