The Board shall adopt regulations, in accordance with Title 10, Subtitle 1 of the State Government Article, stating that a bid or offered price of an American steel product shall be considered reasonable if it does not exceed the sum of the bid or offered price of a similar steel product of foreign origin, including duty, plus: (1) 20% of that bid or offered price; or (2) 30% of that bid or offered price if the steel product is produced in a 'substantial labor surplus area' as defined by the United States Department of Labor.
Maryland Legal Code