§ 11-1006. Power to carry out purposes; applicability of other laws; tax exemption

   (a) In general. --

   (1) Except as otherwise provided in this section, in exercising its powers, the Corporation:

      (i) may carry out its corporate purposes without the consent of any State unit; and

      (ii) is not subject to the following provisions of the State Finance and Procurement Article:

         1. Title 2, Subtitle 2 (Gifts and Grants);

         2. Title 3 (Budget and Management);

         3. Title 3A (Department of Information Technology);

         4. Title 4 (Department of General Services);

         5. Title 6, Subtitle 1 (Studies and Estimates);

         6. Title 7, Subtitle 1 (State Operating Budget), Subtitle 2 (Disbursements and Expenditures), and Subtitle 3 (Unspent Balances); and

         7. Division II (General Procurement Law).

   (2) The Corporation is subject to the Public Information Act and the Open Meetings Act.

(b) Public Ethics Law. --

   (1) The board and the officers and employees of the Corporation are subject to the Public Ethics Law.

   (2) The officers and employees of the Corporation are not subject to:

      (i) Division II of the State Personnel and Pensions Article; or

      (ii) the provisions of Division I of the State Personnel and Pensions Article that govern the State Personnel Management System.

(c) Title 12, Subtitle 4 of the State Finance and Procurement Article. -- The Corporation, its officers, and its employees are subject to Title 12, Subtitle 4 of the State Finance and Procurement Article.

(d) Tax exemption. -- The Corporation is exempt from State and local taxes.

HISTORY: 2009, ch. 476.