 |
Unannotated Code of Maryland (Last Updated: May 16, 2014) |
 |
ECONOMIC DEVELOPMENT |
|
DIVISION I. DEPARTMENT OF BUSINESS AND ECONOMIC DEVELOPMENT |
|
TITLE 5. ECONOMIC DEVELOPMENT AND FINANCIAL ASSISTANCE PROGRAMS |
|
SUBTITLE 4. MARYLAND INDUSTRIAL DEVELOPMENT FINANCING AUTHORITY |
|
PART V. PROJECTS |
§ 5-444. Status of authority
Latest version.
-
(a) Energy projects. --
(1) The Authority shall participate in financial assistance programs for energy projects provided by the federal Energy Security Act, P.L. 96-294.
(2) For purposes of that Act, the Authority is a "person" as defined in:
(i) 42 U.S.C. § 8802, concerning the financing of biomass energy, municipal solid waste, and alcohol fuels projects; and
(ii) 30 U.S.C. § 1511, concerning the financing of geothermal energy projects.
(b) Hydropower projects. -- For purposes of the federal Public Utility Regulatory Policies Act of 1978, the Authority is a "nonprofit organization" as defined in 16 U.S.C. § 2708 and used in 16 U.S.C. § 2702 and 2703, concerning small-scale hydropower projects.