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Section 5-313 - Composition — Maryland Law | CourtGPT
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  7. Subtitle 3 - Maryland Economic Development Assistance Authority and Fund/
  8. Part III - Maryland Economic Development Assistance Fund/
  9. Section 5-313 - Composition
Maryland Legal Code
The Fund consists of: (1) money appropriated in the State budget to the Fund; (2) money made available to the Fund through federal programs or private contributions; (3) repayments of principal and interest from loans made from the Fund; (4) proceeds from the sale, disposition, lease, or rental of collateral related to financial assistance provided by the Department under this subtitle; (5) application or other fees paid to the Fund to process requests for financial assistance; (6) recovery of an investment made by the Department in a business, including an arrangement under which part of the investment is recovered through: (i) a requirement that the Department receive a proportion of cash flow, commissions, royalties, or license fees; (ii) the repurchase from the Department of any of its investment interest; or (iii) the sale of an appreciated asset; (7) repayments received from recipients of conditional grants from the Department; (8) money collected under § 9–229 of the Tax – Property Article; (9) repayments on or recoveries from financial assistance provided from the former: (i) Brownfields Revitalization Incentive Fund; (ii) Child Care Facilities Direct Loan Fund; (iii)

Property Article; (9) repayments on or recoveries from financial assistance provided from the former: (i) Brownfields Revitalization Incentive Fund; (ii) Child Care Facilities Direct Loan Fund; (iii) Child Care Special Loan Fund; (iv) Maryland Industrial and Commercial Redevelopment Fund; (v) Maryland Industrial Land Fund; (vi) Maryland Seafood and Aquaculture Loan Fund; and (vii) Smart Growth Economic Development Infrastructure Fund; and (10) any other money made available to the Fund.

Section 5-313 - Composition

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