MD
Maryland Senate Bill SB560

Maryland 2022 Regular Session

Maryland Senate Bill SB560 Compare Versions

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1- LAWRENCE J. HOGAN, JR., Governor Ch. 184
21
3-– 1 –
4-Chapter 184
5-(Senate Bill 560)
62
7-AN ACT concerning
3+EXPLANATION: CAPITALS INDICATE MATTER ADDE D TO EXISTING LAW .
4+ [Brackets] indicate matter deleted from existing law.
5+ Underlining indicates amendments to bill.
6+ Strike out indicates matter stricken from the bill by amendment or deleted from the law by
7+amendment.
8+ *sb0560*
89
9-Maryland Economic Development Corporation – Student Housing
10-Requirements – Leases and Health or Safety Emergencies – Applications and
11-Occupancy Agreements
10+SENATE BILL 560
11+F2, C8, C9 2lr1257
12+ CF HB 385
13+By: Senators Feldman and Rosapepe
14+Introduced and read first time: January 31, 2022
15+Assigned to: Finance
16+Reassigned: Budget and Taxation, February 4, 2022
17+Committee Report: Favorable with amendments
18+Senate action: Adopted
19+Read second time: March 3, 2022
1220
13-FOR the purpose of requiring certain residential leases between the Maryland Economic
14-Development Corporation and certain students living in student housing owned by
15-the Corporation to be presented in a certain manner and include a certain notice;
16-requiring the Corporation to give certain notice and abide by certain protocols
17-regarding University System of Maryland students living in student housing owned
18-by the Corporation if the University closes the institution or center the student
19-attends due to a health or safety emergency institutions of higher education to
20-provide certain information to students who are applying to be a resident of certain
21-types of student housing; requiring an occupancy agreement between a student and
22-the Maryland Economic Development Corporation to include certain information;
23-and generally relating to the Maryland Economic Development Corporation and
24-requirements for student housing.
21+CHAPTER ______
2522
26-BY renumbering
27- Article – Economic Development
28-Section 10–131 and 10–132, respectively
29-to be Section 10–133 and 10–134, 10–132 and 10–133, respectively
30- Annotated Code of Maryland
31- (2018 Replacement Volume and 2021 Supplement)
23+AN ACT concerning 1
3224
33-BY adding to
34- Article – Economic Development
35-Section 10–131 and 10–132
36- Annotated Code of Maryland
37- (2018 Replacement Volume and 2021 Supplement)
25+Maryland Economic Development Corporation – Student Housing 2
26+Requirements – Leases and Health or Safety Emergencies – Applications and 3
27+Occupancy Agreements 4
3828
39- SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND,
40-That Section(s) 10–131 and 10–132, respectively, of Article – Economic Development of the
41-Annotated Code of Maryland be renumbered to be Section(s) 10–133 and 10–134, 10–132
42-and 10–133, respectively.
29+FOR the purpose of requiring certain residential leases between the Maryland Economic 5
30+Development Corporation and certain students living in student housing owned by 6
31+the Corporation to be presented in a certain manner and include a certain notice; 7
32+requiring the Corporation to give certain notice and abide by certain protocols 8
33+regarding University System of Maryland students living in student housing owned 9
34+by the Corporation if the University closes the institution or center the student 10
35+attends due to a health or safety emergency institutions of higher education to 11
36+provide certain information to students who are applying to be a resident of certain 12
37+types of student housing; requiring an occupancy agreement between a student and 13
38+the Maryland Economic Development Corporation to include certain information; 14
39+and generally relating to the Maryland Economic Development Corporation and 15
40+requirements for student housing. 16
4341
44- SECTION 2. AND BE IT FURTHER ENACTED, That the Laws of Maryland read
45-as follows:
42+BY renumbering 17
43+ Article – Economic Development 18
44+Section 10–131 and 10–132, respectively 19
45+to be Section 10–133 and 10–134, 10–132 and 10–133, respectively 20
46+ Annotated Code of Maryland 21
47+ (2018 Replacement Volume and 2021 Supplement) 22
48+ 2 SENATE BILL 560
4649
47-Article – Economic Development
4850
49-10–131. Ch. 184 2022 LAWS OF MARYLAND
51+BY adding to 1
52+ Article – Economic Development 2
53+Section 10–131 and 10–132 3
54+ Annotated Code of Maryland 4
55+ (2018 Replacement Volume and 2021 Supplement) 5
5056
51-– 2 –
57+ SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, 6
58+That Section(s) 10–131 and 10–132, respectively, of Article – Economic Development of the 7
59+Annotated Code of Maryland be renumbered to be Section(s) 10–133 and 10–134, 10–132 8
60+and 10–133, respectively. 9
5261
53- (A) (1) IN THIS SECTION, THE FOLLOWING WORDS HAVE THE MEANINGS
54-INDICATED.
62+ SECTION 2. AND BE IT FURTHER ENACTED, That the Laws of Maryland read 10
63+as follows: 11
5564
56- (2) “CORPORATION STUDENT H OUSING PROJECT ” MEANS HOUSING
57-THAT IS:
65+Article – Economic Development 12
5866
59- (I) A RESIDENCE HALL , DORMITORY , OR OTHER HOUSING
60-UNITS ESTABLISHED UN DER THIS SUBTITLE ;
67+10–131. 13
6168
62- (II) OWNED OR OPERATED BY THE CORPORATION ; AND
69+ (A) (1) IN THIS SECTION, THE FOLLOWING WORDS HAVE THE MEANINGS 14
70+INDICATED. 15
6371
64- (III) ON LAND LEASED BY TH E CORPORATION FROM THE
65-UNIVERSITY SYSTEM OF MARYLAND.
72+ (2) “CORPORATION STUDENT H OUSING PROJECT ” MEANS HOUSING 16
73+THAT IS: 17
6674
67- (3) “OCCUPANCY AGREEMENT ” MEANS A LEASE , LICENSE, OR
68-HOUSING CONTRACT FOR ANY CORPORATION STUDENT H OUSING PROJECT .
75+ (I) A RESIDENCE HALL , DORMITORY , OR OTHER HOUSING 18
76+UNITS ESTABLISHED UN DER THIS SUBTITLE ; 19
6977
70- (B) A RESIDENTIAL LEASE BE TWEEN THE CORPORATION AND A STU DENT
71-LIVING IN A CORPORATION STUDENT H OUSING PROJECT SHALL :
78+ (II) OWNED OR OPERATED BY THE CORPORATION ; AND 20
7279
73- (1) HAVE AT LEAST ONE CO NSPICUOUS REFERENCE TO THE
74-CORPORATION ON THE SI GNATURE PAGE ; AND
80+ (III) ON LAND LEASED BY TH E CORPORATION FROM TH E 21
81+UNIVERSITY SYSTEM OF MARYLAND. 22
7582
76- (2) MAKE EACH REFERENCE TO THE CORPORATION IN BOLD T YPE
77-AND OTHERWISE EMPHAS IZED.
83+ (3) “OCCUPANCY AGREEMENT ” MEANS A LEASE , LICENSE, OR 23
84+HOUSING CONTRACT FOR ANY CORPORATION STUDENT H OUSING PROJECT . 24
7885
79- (C) THE CORPORATION SHALL INC LUDE AN ADDITIONAL NOTI CE WITH A
80-CORPORATION STUDENT H OUSING PROJECT RESID ENTIAL LEASE THAT :
86+ (B) A RESIDENTIAL LEASE BE TWEEN THE CORPORATION AND A STU DENT 25
87+LIVING IN A CORPORATION STUDENT H OUSING PROJECT SHALL : 26
8188
82- (1) STATES THAT THE CORPORATION IS THE LA NDLORD OF THE
83-CORPORATION STUDENT H OUSING PROJECT ; AND
89+ (1) HAVE AT LEAST ONE CO NSPICUOUS REFERENCE TO THE 27
90+CORPORATION ON THE SI GNATURE PAGE ; AND 28
8491
85- (2) PROVIDES CONTACT INF ORMATION FOR THE MAN AGEMENT
86-COMPANY OF THE CORPORATION STUDENT H OUSING PROJECT .
92+ (2) MAKE EACH REFERENCE TO THE CORPORATION IN BOLD T YPE 29
93+AND OTHERWISE EMPHAS IZED. 30
94+ SENATE BILL 560 3
8795
88-10–132.
8996
90- (A) (1) IN THIS SECTION THE F OLLOWING WORDS HAVE THE MEANINGS
91-INDICATED.
97+ (C) THE CORPORATION SHALL INC LUDE AN ADDITIONAL N OTICE WITH A 1
98+CORPORATION STUDENT H OUSING PROJECT RESID ENTIAL LEASE THAT : 2
9299
93- (2) “CENTER” HAS THE MEANING STAT ED IN § 12–101 OF THE
94-EDUCATION ARTICLE.
95- LAWRENCE J. HOGAN, JR., Governor Ch. 184
100+ (1) STATES THAT THE CORPORATION IS THE LA NDLORD OF THE 3
101+CORPORATION STUDENT H OUSING PROJECT ; AND 4
96102
97-– 3 –
98- (3) “CONSTITUENT INSTITUTI ON” HAS THE MEANING STAT ED IN §
99-12–101 OF THE EDUCATION ARTICLE.
103+ (2) PROVIDES CONTACT INF ORMATION FOR THE MAN AGEMENT 5
104+COMPANY OF THE CORPORATION STUDENT H OUSING PROJECT. 6
100105
101- (4) “CORPORATION STUDENT H OUSING PROJECT ” HAS THE MEANING
102-STATED IN § 10–131 OF THIS SUBTITLE.
106+10–132. 7
103107
104- (5) “HEALTH OR SAFETY EMER GENCY” MEANS AN IMMINENT TH REAT
105-OR OCCURRENCE OF SEVERE OR WIDESPREAD LOSS O F LIFE, INJURY, OR OTHER
106-HEALTH IMPACTS , PROPERTY DAMAGE OR D ESTRUCTION, SOCIAL OR ECONOMIC
107-DISRUPTION, OR ENVIRONMENTAL DEG RADATION FROM NATURA L,
108-TECHNOLOGICAL , OR HUMAN–MADE CAUSES .
108+ (A) (1) IN THIS SECTION THE F OLLOWING WORDS HAVE THE MEANINGS 8
109+INDICATED. 9
109110
110- (6) “STUDENT–RESIDENT” MEANS A STUDENT WHO :
111+ (2) “CENTER” HAS THE MEANING STAT ED IN § 12–101 OF THE 10
112+EDUCATION ARTICLE. 11
111113
112- (I) IS ENROLLED AT A CON STITUENT INSTITUTION OR A
113-CENTER; AND
114+ (3) “CONSTITUENT INSTITUTI ON” HAS THE MEANING STAT ED IN § 12
115+12–101 OF THE EDUCATION ARTICLE. 13
114116
115- (II) ENTERS INTO A RESIDE NTIAL LEASE WITH THE
116-CORPORATION TO LIVE I N A CORPORATION STUDENT H OUSING PROJECT .
117+ (4) “CORPORATION STUDENT H OUSING PROJECT ” HAS THE MEANING 14
118+STATED IN § 10–131 OF THIS SUBTITLE. 15
117119
118- (B) THIS SECTION APPLIES ONLY TO A CORPORATION STUDENT H OUSING
119-PROJECT AT A CONSTIT UENT INSTITUTION OR A CENTER.
120+ (5) “HEALTH OR SAFETY EMER GENCY” MEANS AN IMMINENT TH REAT 16
121+OR OCCURRENCE OF SEV ERE OR WIDESPREAD LO SS OF LIFE, INJURY, OR OTHER 17
122+HEALTH IMPACTS, PROPERTY DAMAGE OR D ESTRUCTION, SOCIAL OR ECONOMIC 18
123+DISRUPTION, OR ENVIRONMENTAL DEG RADATION FROM NATURA L, 19
124+TECHNOLOGICAL , OR HUMAN–MADE CAUSES . 20
120125
121- (C) IF THE UNIVERSITY SYSTEM OF MARYLAND CLOSES A CON STITUENT
122-INSTITUTION OR A CEN TER DUE TO A HEALTH OR SAFETY EMERGENCY , THE
123-CORPORATION SHALL :
126+ (6) “STUDENT–RESIDENT” MEANS A STUDENT WHO : 21
124127
125- (1) GIVE STUDENT–RESIDENTS THE SAME N OTICE TO VACATE THAT IS
126-GIVEN TO A RESIDENT OF STUDENT HOUSING O WNED BY THE CONSTITU ENT
127-INSTITUTION OR CENTE R; AND
128+ (I) IS ENROLLED AT A CON STITUENT INSTITUTION OR A 22
129+CENTER; AND 23
128130
129- (2) ABIDE BY THE SAME LE ASE RELEASE PROTOCOL S THAT ARE IN
130-PLACE FOR A RESIDENT OF STUDENT HOUSING O WNED BY THE CONSTITU ENT
131-INSTITUTION OR CENTE R.
131+ (II) ENTERS INTO A RESIDE NTIAL LEASE WITH THE 24
132+CORPORATION TO LIVE I N A CORPORATION STUDENT H OUSING PROJECT . 25
132133
133- (B) (1) AN INSTITUTION OF HIG HER EDUCATION THAT L EASES LAND TO
134-THE CORPORATION FOR THE P URPOSE OF PROVIDING STUDENT HOUSING SHAL L
135-PROVIDE THE FOLLOWIN G INFORMATION WHEN A STUDENT APPLIES TO B E A
136-RESIDENT OF EITHER A CORPORATION STUDENT H OUSING PROJECT OR A
137-RESIDENCE HALL THAT IS O WNED BY THE INSTITUT ION OF HIGHER EDUCAT ION:
134+ (B) THIS SECTION APPLIES ONLY TO A CORPORATION STUDENT H OUSING 26
135+PROJECT AT A CONSTIT UENT INSTITUTION OR A CENTER. 27
138136
139- (I) THE NAMES OF ALL RES IDENCES THAT A STUDE NT MAY
140-OCCUPY;
141- Ch. 184 2022 LAWS OF MARYLAND
137+ (C) IF THE UNIVERSITY SYSTEM OF MARYLAND CLOSES A CON STITUENT 28
138+INSTITUTION OR A CEN TER DUE TO A HEALTH OR SAFETY EMERGENCY , THE 29
139+CORPORATION SHALL : 30
140+ 4 SENATE BILL 560
142141
143-– 4 –
144- (II) AN INDICATION OF THO SE RESIDENCES THAT A RE
145-CORPORATION STUDENT H OUSING PROJECTS ; AND
146142
147- (III) IN PLAIN LANGUAGE , A DIFFERENTIATION OF T HE
148-IMPLICATIONS OF THE FOLLOWING REQUIRED O CCUPANCY AGREEMENT
149-PROVISIONS FOR STUDE NTS LIVING IN CORPORATION STUDENT H OUSING
150-PROJECTS COMPARED TO STUDENTS LIVING IN R ESIDENCE HALLS THAT ARE OWNED
151-BY THE INSTITUTION O F HIGHER EDUCATION :
143+ (1) GIVE STUDENT–RESIDENTS THE SAME N OTICE TO VACATE THAT IS 1
144+GIVEN TO A RESIDENT OF STUDENT HOUSING O WNED BY THE CONST ITUENT 2
145+INSTITUTION OR CENTE R; AND 3
152146
153- 1. TERMINATION ;
147+ (2) ABIDE BY THE SAME LE ASE RELEASE PROTOCOL S THAT ARE IN 4
148+PLACE FOR A RESIDENT OF STUDENT HOUSING O WNED BY THE CONSTITU ENT 5
149+INSTITUTION OR CENTE R. 6
154150
155- 2. FORCE MAJEURE ;
151+ (B) (1) AN INSTITUTION OF HIG HER EDUCATION THAT L EASES LAND TO 7
152+THE CORPORATION FOR THE PURP OSE OF PROVIDING STU DENT HOUSING SHALL 8
153+PROVIDE THE FOLLOWIN G INFORMATION WHEN A STUDENT APPLIES TO B E A 9
154+RESIDENT OF EITHER A CORPORATION STUDENT H OUSING PROJECT OR A 10
155+RESIDENCE HALL THAT IS OWNED BY THE INST ITUTION OF HIGHER ED UCATION: 11
156156
157- 3. PARTIES TO THE AGREE MENT; AND
157+ (I) THE NAMES OF ALL RES IDENCES THAT A STUDE NT MAY 12
158+OCCUPY; 13
158159
159- 4. START AND END DATES TO THE OCCUPANCY PER IOD.
160+ (II) AN INDICATION OF THO SE RESIDENCES THAT A RE 14
161+CORPORATION STUDENT H OUSING PROJECTS ; AND 15
160162
161- (2) THE INFORMATION REQUI RED UNDER PARAGRAPH (1)(III) OF
162-THIS SUBSECTION SHAL L INCLUDE A STATEMEN T THAT:
163+ (III) IN PLAIN LANGUAGE , A DIFFERENTIATION OF THE 16
164+IMPLICATIONS OF THE FOLLOWING REQUIRED OCCUPANCY AGREEMENT 17
165+PROVISIONS FOR STUDE NTS LIVING IN CORPORATION STUDENT H OUSING 18
166+PROJECTS COMPARED TO STUDENTS LIVING IN R ESIDENCE HALLS THAT ARE OWNED 19
167+BY THE INSTITUTION O F HIGHER EDUCATION : 20
163168
164- (I) CORPORATION STUDENT H OUSING PROJECTS ARE NOT
165-OWNED OR OPERATED BY THE INSTITUTION OF H IGHER EDUCATION ;
169+ 1. TERMINATION ; 21
166170
167- (II) THE OCCUPANCY AGREEM ENT THAT IS REQUIRED PRIOR TO
168-TAKING POSSESSION OF A UNIT IN A CORPORATION STUDENT H OUSING PROJECT IS
169-AN AGREEMENT BETWEEN THE CORPORATION AND THE S TUDENT AND NOT
170-BETWEEN THE STUDENT AND THE INSTITUTION OF HIGHER EDUCATION ; AND
171+ 2. FORCE MAJEURE ; 22
171172
172- (III) EXPLAINS THE STUDENT ’S LIABILITY FOR RENT AL
173-PAYMENTS IF THE STUD ENT VOLUNTARILY OR I NVOLUNTARILY VACATES THE
174-CORPORATION STUDENT H OUSING PROJ ECT.
173+ 3. PARTIES TO THE AGREEMENT ; AND 23
175174
176- (C) (1) AN OCCUPANCY AGREEMEN T BETWEEN THE CORPORATION AND
177-A STUDENT LIVING IN A CORPORATION STUDENT H OUSING PROJECT SHALL :
175+ 4. START AND END DATES TO THE OCCUPANCY PER IOD. 24
178176
179- (I) INDICATE EACH REFERE NCE TO THE CORPORATION IN
180-BOLD TYPE;
177+ (2) THE INFORMATION REQUI RED UNDER PARAGRAPH (1)(III) OF 25
178+THIS SUBSECTION SHAL L INCLUDE A STATEMEN T THAT: 26
181179
182- (II) STATE THAT THE CORPORATION IS THE OW NER OF THE
183-CORPORATION STUDENT H OUSING PROJECT ;
180+ (I) CORPORATION STUDENT H OUSING PROJECTS ARE NOT 27
181+OWNED OR OPERATED BY THE INSTITUTION OF H IGHER EDUCATION ; 28
184182
185- (III) PROVIDE CONTACT INFO RMATION FOR THE MANA GEMENT
186-COMPANY OF THE CORPORATION STUDENT H OUSING PROJECT ; AND
187- LAWRENCE J. HOGAN, JR., Governor Ch. 184
183+ (II) THE OCCUPANCY AGREEM ENT THAT IS REQUIRED PRIOR TO 29
184+TAKING POSSESSION OF A UNIT IN A CORPORATION STUDENT H OUSING PROJECT IS 30
185+AN AGREEMENT BETWEEN THE CORPORATION AND THE S TUDENT AND NOT 31
186+BETWEEN THE STUDENT AND THE INSTITUTION OF H IGHER EDUCATION ; AND 32 SENATE BILL 560 5
188187
189-– 5 –
190- (IV) IN PLAIN LANGUAGE , PROVIDE A DIFFERENTI ATION OF THE
191-IMPLICATIONS OF THE FOLLOWING REQUIRED O CCUPANCY AGREEMENT
192-PROVISIONS FOR STUDE NTS LIVING IN CORPORATION STUDENT H OUSING
193-PROJECTS COMPARED TO STUDENTS LIVING IN R ESIDENCE HALLS THAT ARE OWNED
194-BY THE INSTITUTION O F HIGHER EDUCATION :
195188
196- 1. TERMINATION ;
197189
198- 2. FORCE MAJEURE ;
190+ (III) EXPLAINS THE STUDENT ’S LIABILITY FOR RENT AL 1
191+PAYMENTS IF THE STUD ENT VOLUNTARILY OR I NVOLUNTARILY VACATES THE 2
192+CORPORATION STUDENT H OUSING PROJECT . 3
199193
200- 3. PARTIES TO THE AGREEMENT ; AND
194+ (C) (1) AN OCCUPANCY AGREEMEN T BETWEEN THE CORPORATION AN D 4
195+A STUDENT LIVING IN A CORPORATION STUDENT H OUSING PROJECT SHALL : 5
201196
202- 4. START AND END DATES TO THE OCCUPANCY PER IOD.
197+ (I) INDICATE EACH REFERE NCE TO THE CORPORATION IN 6
198+BOLD TYPE; 7
203199
204- (2) THE INFORMATION REQUI RED UNDER PARAGRAPH (1)(IV) OF
205-THIS SUBSECTION SHAL L INCLUDE A STATEMEN T THAT:
200+ (II) STATE THAT THE CORPORATION IS THE OW NER OF THE 8
201+CORPORATION STUDENT H OUSING PROJECT ; 9
206202
207- (I) CORPORATION STUDENT H OUSING PROJECTS ARE NOT
208-OWNED OR OPERATED BY THE INSTITUTION OF HIGHE R EDUCATION;
203+ (III) PROVIDE CONTACT INFO RMATION FOR THE MANA GEMENT 10
204+COMPANY OF THE CORPORATION STUDENT H OUSING PROJECT ; AND 11
209205
210- (II) THE OCCUPANCY AGREEM ENT THAT IS REQUIRED PRIOR TO
211-TAKING POSSESSION OF A UNIT IN A CORPORATION STUDENT H OUSING PROJECT IS
212-AN AGREEMENT BETWEEN THE CORPORATION AND THE S TUDENT AND NOT
213-BETWEEN THE STUDENT AND THE INSTITUTION OF HIGHER EDUCATION; AND
206+ (IV) IN PLAIN LANGUAGE , PROVIDE A DIFFERENTI ATION OF THE 12
207+IMPLICATIONS OF THE FOLLOWING REQUIRED O CCUPANCY AGREEMENT 13
208+PROVISIONS FOR STUDE NTS LIVING I N CORPORATION STUDENT H OUSING 14
209+PROJECTS COMPARED TO STUDENTS LIVING IN R ESIDENCE HALLS THAT ARE OWNED 15
210+BY THE INSTITUTION O F HIGHER EDUCATION : 16
214211
215- (III) EXPLAINS THE STUDENT ’S LIABILITY FOR RENT AL
216-PAYMENTS IF THE STUD ENT VOLUNTARILY OR I NVOLUNTARILY VACATES THE
217-CORPORATION STUDENT H OUSING PROJECT .
212+ 1. TERMINATION ; 17
218213
219- SECTION 3. AND BE IT FURTHER ENACTED, That this Act shall be construed to
220-apply only prospectively and may not be applied or interpreted to have any effect on or
221-application to any student–housing contracts entered into by the Maryland Economic
222-Development Corporation before the effective date of this Act.
214+ 2. FORCE MAJEURE ; 18
223215
224- SECTION 4. AND BE IT FURTHER ENACTED, That this Act shall take effect July
225-1, 2022.
216+ 3. PARTIES TO THE AGREE MENT; AND 19
226217
227-Approved by the Governor, April 21, 2022.
218+ 4. START AND END DATES TO THE OCCUPANCY PERIOD . 20
219+
220+ (2) THE INFORMATION REQUI RED UNDER PARAGRAPH (1)(IV) OF 21
221+THIS SUBSECTION SHAL L INCLUDE A STATEMEN T THAT: 22
222+
223+ (I) CORPORATION STUDENT H OUSING PROJECTS ARE NOT 23
224+OWNED OR OPERATED BY THE INSTITUTION OF H IGHER EDUCATION ; 24
225+
226+ (II) THE OCCUPANCY AGREEMENT THAT IS REQUIRED PRI OR TO 25
227+TAKING POSSESSION OF A UNIT IN A CORPORATION STUDENT H OUSING PROJECT IS 26
228+AN AGREEMENT BETWEEN THE CORPORATION AND THE S TUDENT AND NOT 27
229+BETWEEN THE STUDENT AND THE INSTITUTION OF HIGHER EDUCATION ; AND 28
230+ 6 SENATE BILL 560
231+
232+
233+ (III) EXPLAINS THE STUDENT ’S LIABILITY FOR RENT AL 1
234+PAYMENTS IF THE STUD ENT VOLUNTARILY OR I NVOLUNTARILY VACATES THE 2
235+CORPORATION STUDENT H OUSING PROJECT . 3
236+
237+ SECTION 3. AND BE IT FURTHER ENACTED, That this Act shall be construed to 4
238+apply only prospectively and may not be applied or interpreted to have any effect on or 5
239+application to any student–housing contracts entered into by the Maryland Economic 6
240+Development Corporation before the effective date of this Act. 7
241+
242+ SECTION 4. AND BE IT FURTHER ENACTED, That this Act shall take effect July 8
243+1, 2022. 9
244+
245+
246+
247+
248+
249+Approved:
250+________________________________________________________________________________
251+ Governor.
252+________________________________________________________________________________
253+ President of the Senate.
254+________________________________________________________________________________
255+ Speaker of the House of Delegates.