§ 5-446. Energy project -- Considerations; promotion  


Latest version.



  •    (a) Factors considered. -- 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) Active promotion. -- 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.


HISTORY: An. Code 1957, art. 83A, § 5-920(a), (b); 2008, ch. 306, § 2.