§ 7–306

Statutes in effect as of October 1, 2026.

Md. Code Ann., Transp. § 7-306 (2026)

Title 7. Mass Transit

Subtitle 3. Transit Plans and Financing

(a)

Subject to constitutional limitations, this State and its political subdivisions may:

(1)

Make grants to the Administration;

(2)

Guarantee any obligations of the Administration;

(3)

Make contributions to meet any operating expenses of the Administration; and

(4)

Contract with the Administration, any lender, or any trustee under an indenture or loan agreement made by the Administration.

(b)

Unless otherwise authorized by law, the Administration:

(1)

Does not have any power to impose any commitment or obligation on this State or any of its political subdivisions; and

(2)

May not levy any tax.