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Section 5-446 - Energy Project -- Considerations; Promotion — Maryland Law | CourtGPT
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  7. Subtitle 4 - Maryland Industrial Development Financing Authority/
  8. Part V - Projects/
  9. Section 5-446 - Energy Project -- Considerations; Promotion
Maryland Legal Code
(a) In awarding financial assistance under this subtitle for an energy project, the Authority shall consider whether the energy project would: (1) reduce the consumption of petroleum and other energy sources; (2) increase the energy supply available in the State; (3) increase employment and economic activity in the State; (4) use sound technology and be economically feasible; (5) minimize harm to the environment; and (6) make the most use of federal financial assistance programs for energy projects. (b) The Authority shall: (1) promote programs of financial assistance for energy projects established under this subtitle; (2) inform consumers, the private sector, and financial institutions about these programs and actively seek their participation; (3) develop and disseminate descriptions of its programs of financial assistance for energy projects; and (4) serve as a clearinghouse for information on federal and State programs of financial assistance for energy projects.

Section 5-446 - Energy Project -- Considerations; Promotion

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