| Old | New | Differences | |
|---|---|---|---|
| 1 | 1 | ||
| 2 | 2 | ||
| 3 | 3 | EXPLANATION: CAPITALS INDICATE MAT TER ADDED TO EXISTIN G LAW. | |
| 4 | 4 | [Brackets] indicate matter deleted from existing law. | |
| 5 | 5 | Underlining indicates amendments to bill. | |
| 6 | 6 | Strike out indicates matter stricken from the bill by amendment or deleted from the law by | |
| 7 | 7 | amendment. | |
| 8 | - | Italics indicate opposite chamber/conference committee amendments. | |
| 9 | 8 | *sb0004* | |
| 10 | 9 | ||
| 11 | 10 | SENATE BILL 4 | |
| 12 | - | C8 EMERGENCY BILL (5lr0948) | |
| 13 | - | ENROLLED BILL | |
| 14 | - | — Finance/Ways and Means — | |
| 15 | - | Introduced by Senator Hayes | |
| 16 | - | ||
| 17 | - | Read and Examined by Proofreaders: | |
| 18 | - | ||
| 19 | - | _______________________________________________ | |
| 20 | - | Proofreader. | |
| 21 | - | _______________________________________________ | |
| 22 | - | Proofreader. | |
| 23 | - | ||
| 24 | - | Sealed with the Great Seal and presented to the Governor, for his approval this | |
| 25 | - | ||
| 26 | - | _______ day of _______________ at _________________ _______ o’clock, ________M. | |
| 27 | - | ||
| 28 | - | ______________________________________________ | |
| 29 | - | President. | |
| 11 | + | C8 EMERGENCY BILL 5lr0948 | |
| 12 | + | SB 1005/24 – FIN (PRE–FILED) CF HB 258 | |
| 13 | + | By: Senator Hayes | |
| 14 | + | Requested: September 25, 2024 | |
| 15 | + | Introduced and read first time: January 8, 2025 | |
| 16 | + | Assigned to: Finance | |
| 17 | + | Committee Report: Favorable with amendments | |
| 18 | + | Senate action: Adopted | |
| 19 | + | Read second time: January 24, 2025 | |
| 30 | 20 | ||
| 31 | 21 | CHAPTER ______ | |
| 32 | 22 | ||
| 33 | 23 | AN ACT concerning 1 | |
| 34 | 24 | ||
| 35 | 25 | Economic Development – West North Avenue Development Authority – 2 | |
| 36 | 26 | Alterations 3 | |
| 37 | 27 | ||
| 38 | 28 | FOR the purpose of altering the administration and membership of the West North Avenue 4 | |
| 39 | 29 | Development Authority; specifying the powers and duties of the Authority, subject 5 | |
| 40 | 30 | to certain limitations; exempting the Authority from certain provisions of law; 6 | |
| 41 | 31 | requiring the Authority to take certain actions regarding the finances of the 7 | |
| 42 | 32 | Authority; exempting the Authority from certain taxation or assessments under 8 | |
| 43 | 33 | certain circumstances; establishing the West North Avenue Development Authority 9 | |
| 44 | - | Fund as a special, nonlapsing fund; | |
| 45 | - | ||
| 34 | + | Fund as a special, nonlapsing fund; and generally relating to the West North Avenue 10 | |
| 35 | + | Development Authority. 11 | |
| 46 | 36 | ||
| 47 | 37 | BY repealing 12 | |
| 48 | 38 | Article – Economic Development 13 | |
| 49 | - | Section 12–703.1 14 2 SENATE BILL 4 | |
| 39 | + | Section 12–703.1 14 | |
| 40 | + | Annotated Code of Maryland 15 | |
| 41 | + | (2024 Replacement Volume and 2024 Supplement) 16 | |
| 42 | + | ||
| 43 | + | BY renumbering 17 | |
| 44 | + | Article – Economic Development 18 | |
| 45 | + | Section 12–702, 12–703, 12–704, 12–705, and 12–706 19 | |
| 46 | + | to be Section 12–703, 12–706, 12–707, 12–708, and 12–709, respectively 20 | |
| 47 | + | Annotated Code of Maryland 21 | |
| 48 | + | (2024 Replacement Volume and 2024 Supplement) 22 2 SENATE BILL 4 | |
| 50 | 49 | ||
| 51 | 50 | ||
| 52 | - | Annotated Code of Maryland 1 | |
| 53 | - | (2024 Replacement Volume and 2024 Supplement) 2 | |
| 54 | 51 | ||
| 55 | - | BY renumbering 3 | |
| 56 | - | Article – Economic Development 4 | |
| 57 | - | Section 12–702, 12–703, 12–704, 12–705, and 12–706 5 | |
| 58 | - | to be Section 12–703, 12–706, 12–707, 12–708, and 12–709, respectively 6 | |
| 59 | - | Annotated Code of Maryland 7 | |
| 60 | - | (2024 Replacement Volume and 2024 Supplement) 8 | |
| 52 | + | BY repealing and reenacting, with amendments, 1 | |
| 53 | + | Article – Economic Development 2 | |
| 54 | + | Section 12–701 3 | |
| 55 | + | Annotated Code of Maryland 4 | |
| 56 | + | (2024 Replacement Volume and 2024 Supplement) 5 | |
| 61 | 57 | ||
| 62 | - | BY | |
| 63 | - | Article – Economic Development | |
| 64 | - | Section 12– | |
| 65 | - | Annotated Code of Maryland | |
| 66 | - | (2024 Replacement Volume and 2024 Supplement) | |
| 58 | + | BY adding to 6 | |
| 59 | + | Article – Economic Development 7 | |
| 60 | + | Section 12–702, 12–704, 12–705, and 12–710 through 12–714 8 | |
| 61 | + | Annotated Code of Maryland 9 | |
| 62 | + | (2024 Replacement Volume and 2024 Supplement) 10 | |
| 67 | 63 | ||
| 68 | - | BY adding to 14 | |
| 69 | - | Article – Economic Development 15 | |
| 70 | - | Section 12–702, 12–704, 12–705, and 12–710 through 12–714 16 | |
| 71 | - | Annotated Code of Maryland 17 | |
| 72 | - | (2024 Replacement Volume and 2024 Supplement) 18 | |
| 64 | + | BY repealing and reenacting, with amendments, 11 | |
| 65 | + | Article – Economic Development 12 | |
| 66 | + | Section 12–703 and 12–706 13 | |
| 67 | + | Annotated Code of Maryland 14 | |
| 68 | + | (2024 Replacement Volume and 2024 Supplement) 15 | |
| 69 | + | (As enacted by Section 2 of this Act) 16 | |
| 73 | 70 | ||
| 74 | - | BY repealing and reenacting, with amendments, 19 | |
| 75 | - | Article – Economic Development 20 | |
| 76 | - | Section 12–703 and 12–706 21 | |
| 77 | - | Annotated Code of Maryland 22 | |
| 78 | - | (2024 Replacement Volume and 2024 Supplement) 23 | |
| 79 | - | (As enacted by Section 2 of this Act) 24 | |
| 71 | + | BY repealing and reenacting, without amendments, 17 | |
| 72 | + | Article – State Finance and Procurement 18 | |
| 73 | + | Section 6–226(a)(2)(i) 19 | |
| 74 | + | Annotated Code of Maryland 20 | |
| 75 | + | (2021 Replacement Volume and 2024 Supplement) 21 | |
| 80 | 76 | ||
| 81 | - | BY repealing and reenacting, | |
| 82 | - | Article – State Finance and Procurement | |
| 83 | - | Section 6–226(a)(2)( | |
| 84 | - | Annotated Code of Maryland | |
| 85 | - | (2021 Replacement Volume and 2024 Supplement) | |
| 77 | + | BY repealing and reenacting, with amendments, 22 | |
| 78 | + | Article – State Finance and Procurement 23 | |
| 79 | + | Section 6–226(a)(2)(ii)204. and 205. 24 | |
| 80 | + | Annotated Code of Maryland 25 | |
| 81 | + | (2021 Replacement Volume and 2024 Supplement) 26 | |
| 86 | 82 | ||
| 87 | - | BY | |
| 88 | - | Article – State Finance and Procurement | |
| 89 | - | Section 6–226(a)(2)(ii) | |
| 90 | - | Annotated Code of Maryland | |
| 91 | - | (2021 Replacement Volume and 2024 Supplement) | |
| 83 | + | BY adding to 27 | |
| 84 | + | Article – State Finance and Procurement 28 | |
| 85 | + | Section 6–226(a)(2)(ii)206. 29 | |
| 86 | + | Annotated Code of Maryland 30 | |
| 87 | + | (2021 Replacement Volume and 2024 Supplement) 31 | |
| 92 | 88 | ||
| 93 | - | BY adding to 35 | |
| 94 | - | Article – State Finance and Procurement 36 | |
| 95 | - | Section 6–226(a)(2)(ii)206. 37 | |
| 96 | - | Annotated Code of Maryland 38 | |
| 97 | - | (2021 Replacement Volume and 2024 Supplement) 39 | |
| 89 | + | BY repealing and reenacting, with amendments, 32 | |
| 90 | + | Chapter 80 of the Acts of the General Assembly of 2021 33 | |
| 91 | + | Section 2 34 | |
| 92 | + | ||
| 93 | + | BY repealing and reenacting, with amendments, 35 | |
| 94 | + | Chapter 81 of the Acts of the General Assembly of 2021 36 | |
| 95 | + | Section 2 37 | |
| 98 | 96 | SENATE BILL 4 3 | |
| 99 | 97 | ||
| 100 | 98 | ||
| 101 | - | BY | |
| 102 | - | ||
| 103 | - | ||
| 99 | + | SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, 1 | |
| 100 | + | That Section(s) 12–703.1 of Article – Economic Development of the Annotated Code of 2 | |
| 101 | + | Maryland be repealed. 3 | |
| 104 | 102 | ||
| 105 | - | BY repealing and reenacting, with amendments, 4 | |
| 106 | - | Chapter 81 of the Acts of the General Assembly of 2021 5 | |
| 107 | - | Section 2 6 | |
| 103 | + | SECTION 2. AND BE IT FURTHER ENACTED, That Section(s) 12–702, 12–703, 4 | |
| 104 | + | 12–704, 12–705, and 12–706 of Article – Economic Development of the Annotated Code of 5 | |
| 105 | + | Maryland be renumbered to be Section(s) 12–703, 12–706, 12–707, 12–708, and 12–709, 6 | |
| 106 | + | respectively. 7 | |
| 108 | 107 | ||
| 109 | - | BY repealing and reenacting, with amendments, 7 | |
| 110 | - | Chapter 136 of the Acts of the General Assembly of 2023 8 | |
| 111 | - | Section 3 9 | |
| 108 | + | SECTION 3. AND BE IT FURTHER ENACTED, That the Laws of Maryland read 8 | |
| 109 | + | as follows: 9 | |
| 112 | 110 | ||
| 113 | - | SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, 10 | |
| 114 | - | That Section(s) 12–703.1 of Article – Economic Development of the Annotated Code of 11 | |
| 115 | - | Maryland be repealed. 12 | |
| 111 | + | Article – Economic Development 10 | |
| 116 | 112 | ||
| 117 | - | SECTION 2. AND BE IT FURTHER ENACTED, That Section(s) 12 –702, 12–703, 13 | |
| 118 | - | 12–704, 12–705, and 12–706 of Article – Economic Development of the Annotated Code of 14 | |
| 119 | - | Maryland be renumbered to be Section(s) 12–703, 12–706, 12–707, 12–708, and 12–709, 15 | |
| 120 | - | respectively. 16 | |
| 113 | + | 12–701. 11 | |
| 121 | 114 | ||
| 122 | - | SECTION 3. AND BE IT FURTHER ENACTED, That the Laws of Maryland read 17 | |
| 123 | - | as follows: 18 | |
| 115 | + | (a) In this subtitle the following words have the meanings indicated. 12 | |
| 124 | 116 | ||
| 125 | - | Article – Economic Development 19 | |
| 117 | + | (B) “AUTHORITY” MEANS THE WEST NORTH AVENUE DEVELOPMENT 13 | |
| 118 | + | AUTHORITY. 14 | |
| 126 | 119 | ||
| 127 | - | ||
| 120 | + | (C) “BOARD” MEANS THE BOARD OF DIRECTORS OF THE AUTHORITY. 15 | |
| 128 | 121 | ||
| 129 | - | ( | |
| 122 | + | [(b)] (D) “Buffer zone” means the area within 250 yards of the target area. 16 | |
| 130 | 123 | ||
| 131 | - | ( | |
| 132 | - | ||
| 124 | + | [(c)] (E) “Target area” means the portion of West North Avenue in Baltimore 17 | |
| 125 | + | City between the 600 block and the 3200 block, inclusive. 18 | |
| 133 | 126 | ||
| 134 | - | (C) “BOARD” MEANS THE BOARD OF DIRECTORS OF THE AUTHORITY. 24 | |
| 127 | + | (F) “WEST NORTH AVENUE CORRIDOR” INCLUDES THE GEOGRAP HIC AREA 19 | |
| 128 | + | CONSISTING OF THE TA RGET AREA AND THE BU FFER ZONE. 20 | |
| 135 | 129 | ||
| 136 | - | ||
| 130 | + | 12–702. 21 | |
| 137 | 131 | ||
| 138 | - | | |
| 139 | - | ||
| 132 | + | THIS SUBTITLE SHALL B E LIBERALLY CONSTRUE D TO ACCOMPLISH ITS 22 | |
| 133 | + | PURPOSES. 23 | |
| 140 | 134 | ||
| 141 | - | (F) “WEST NORTH AVENUE CORRIDOR” INCLUDES THE GEOGRAP HIC AREA 28 | |
| 142 | - | CONSISTING OF THE TA RGET AREA AND THE BU FFER ZONE. 29 | |
| 135 | + | 12–703. 24 | |
| 143 | 136 | ||
| 144 | - | 12–702. 30 | |
| 137 | + | (A) There is a West North Avenue Development Authority in Baltimore City. 25 | |
| 138 | + | ||
| 139 | + | (B) THE AUTHORITY IS A BODY P OLITIC AND CORPORATE AND IS AN 26 | |
| 140 | + | INSTRUMENTALITY OF T HE STATE. 27 | |
| 141 | + | ||
| 142 | + | (C) THE EXERCISE BY THE AUTHORITY OF A POWER UNDER THIS SUBTITLE 28 | |
| 143 | + | IS THE PERFORMANCE O F AN ESSENTIAL GOVER NMENTAL FUNCTION . 29 | |
| 145 | 144 | 4 SENATE BILL 4 | |
| 146 | 145 | ||
| 147 | 146 | ||
| 148 | - | THIS SUBTITLE SHALL B E LIBERALLY CONSTRUE D TO ACCOMPLISH ITS 1 | |
| 149 | - | PURPOSES. 2 | |
| 147 | + | (D) THE GOVERNOR MAY INCLUDE EACH YEAR IN THE STATE BUDGET BILL 1 | |
| 148 | + | AN APPROPRIATION TO THE WEST NORTH AVENUE DEVELOPMENT AUTHORITY IN 2 | |
| 149 | + | BALTIMORE CITY. 3 | |
| 150 | 150 | ||
| 151 | - | 12– | |
| 151 | + | 12–704. 4 | |
| 152 | 152 | ||
| 153 | - | (A) | |
| 153 | + | (A) THE GENERAL ASSEMBLY FINDS THAT : 5 | |
| 154 | 154 | ||
| 155 | - | (B) THE AUTHORITY IS A BODY P OLITIC AND CORPORATE AND IS AN 5 | |
| 156 | - | INSTRUMENTALITY OF T HE STATE. 6 | |
| 155 | + | (1) THERE EXISTS WITHIN VARIOUS NEIGHBORHOOD S IN BALTIMORE 6 | |
| 156 | + | CITY, PARTICULARLY THE WEST NORTH AVENUE CORRIDOR, A NEED FOR 7 | |
| 157 | + | RESIDENTIAL AND COMM ERCIAL DEVELOPMENT O R REDEVELOPMENT IN 8 | |
| 158 | + | FURTHERANCE OF THE PUBLIC’S INTEREST; 9 | |
| 157 | 159 | ||
| 158 | - | ( | |
| 159 | - | ||
| 160 | + | (2) THE WEST NORTH AVENUE CORRIDOR HAS EXPERIEN CED LOW 10 | |
| 161 | + | HOUSING AND ECONOMIC DEVELOPMENT IN THE C OMMUNITY FOR DECADES ; 11 | |
| 160 | 162 | ||
| 161 | - | (D) THE GOVERNOR MAY INCLUDE EACH YEAR IN THE STATE BUDGET BILL 9 | |
| 162 | - | AN APPROPRIATION TO THE WEST NORTH AVENUE DEVELOPMENT AUTHORITY IN 10 | |
| 163 | - | BALTIMORE CITY. 11 | |
| 163 | + | (3) AREAS IN THE WEST NORTH AVENUE CORRIDOR INCLUDE BOTH 12 | |
| 164 | + | AREAS THAT ARE CONSI DERED SLUM OR BLIGHT ED AND A REAS THAT ARE 13 | |
| 165 | + | DETERIORATED OR SUBJ ECT TO FURTHER DETER IORATING CONDITION , AND THOSE 14 | |
| 166 | + | AREAS ARE IN NEED OF DEVELOPMENT OR REDEV ELOPMENT FOR THE PUB LIC 15 | |
| 167 | + | BENEFIT; 16 | |
| 164 | 168 | ||
| 165 | - | (E) BEGINNING FISCAL YEAR 2028, THE AUTHORITY SHALL BE 12 | |
| 166 | - | SELF–SUSTAINING. 13 | |
| 169 | + | (4) THE REVITALIZATION O F AREAS WITHIN THE WEST NORTH 17 | |
| 170 | + | AVENUE CORRIDOR NEEDING COMM ERCIAL DEVELO PMENT OR REDEVELOPME NT IS 18 | |
| 171 | + | AN ESSENTIAL GOVERNM ENTAL FUNCTION AND I S A PUBLIC USE THAT WILL CONFER 19 | |
| 172 | + | A PUBLIC BENEFIT ON CITIZENS OF BALTIMORE CITY BY: 20 | |
| 167 | 173 | ||
| 168 | - | ||
| 174 | + | (I) RELIEVING CONDITIONS OF UNEMPLOYMENT ; 21 | |
| 169 | 175 | ||
| 170 | - | (A) THE GENERAL ASSEMBLY FINDS THAT : 15 | |
| 176 | + | (II) ENCOURAGING THE INCR EASE OF COMMERCE AND A 22 | |
| 177 | + | BALANCED ECONOMY; 23 | |
| 171 | 178 | ||
| 172 | - | (1) THERE EXISTS WITHIN VARIOUS NEIGHBORHOOD S IN BALTIMORE 16 | |
| 173 | - | CITY, PARTICULARLY THE WEST NORTH AVENUE CORRIDOR, A NEED FOR 17 | |
| 174 | - | RESIDENTIAL AND COMM ERCIAL DEVELOPMENT O R REDEVELOPMENT IN 18 | |
| 175 | - | FURTHERANCE OF THE P UBLIC’S INTEREST; 19 | |
| 179 | + | (III) ASSISTING IN THE RET ENTION OF BUSINESSES AND 24 | |
| 180 | + | RESIDENTS; 25 | |
| 176 | 181 | ||
| 177 | - | (2) THE WEST NORTH AVENUE CORRIDOR HAS EXPERIEN CED LOW 20 | |
| 178 | - | HOUSING AND ECONOMIC DEVELOPMENT IN THE C OMMUNITY FOR DECADES ; 21 | |
| 182 | + | (IV) ATTRACTING NEW INDUS TRIES AND COMMERCE ; 26 | |
| 179 | 183 | ||
| 180 | - | (3) AREAS IN THE WEST NORTH AVENUE CORRIDOR INCLUDE BOTH 22 | |
| 181 | - | AREAS THAT ARE CONSI DERED SLUM OR BLIGHT ED AND AREAS THAT AR E 23 | |
| 182 | - | DETERIORATED OR SUBJ ECT TO FURTHER DETER IORATING CONDITION , AND THOSE 24 | |
| 183 | - | AREAS ARE IN NEED OF DEVELOPMENT OR REDEV ELOPMENT FOR THE PUB LIC 25 | |
| 184 | - | BENEFIT; 26 | |
| 184 | + | (V) PROMOTING ECONOMIC D EVELOPMENT AND GROWT H; AND 27 | |
| 185 | 185 | ||
| 186 | - | ( | |
| 187 | - | ||
| 188 | - | ||
| 189 | - | ||
| 186 | + | (VI) GENERALLY PROMOTING THE HEALTH , WELFARE, AND 28 | |
| 187 | + | PUBLIC SAFETY OF RESIDENTS IN BALTIMORE CITY AND INCREASING P ROPERTY 29 | |
| 188 | + | TAX REVENUES FOR THE STATE AND THE CITY OF BALTIMORE; 30 | |
| 189 | + | SENATE BILL 4 5 | |
| 190 | 190 | ||
| 191 | - | (I) RELIEVING CONDITIONS OF UNEMPLOYMENT ; 31 SENATE BILL 4 5 | |
| 191 | + | ||
| 192 | + | (5) THE ESTABLISHMENT OF THIS PUBLIC AUTHORITY TO PROVIDE 1 | |
| 193 | + | FINANCIAL RESOURCES FOR THE DEVELOPMENT AND ESTABLISHMENT OF 2 | |
| 194 | + | RESIDENCES AND BUSIN ESSES THROUGH COMMUNITY ORGA NIZATIONS IN THE 3 | |
| 195 | + | TARGET AREA WILL SIG NIFICANTLY IMPROVE BALTIMORE CITY NEIGHBORHOODS 4 | |
| 196 | + | AND INCREASE PROPERT Y TAX REVENUES FOR T HE STATE AND THE CITY OF 5 | |
| 197 | + | BALTIMORE; AND 6 | |
| 198 | + | ||
| 199 | + | (6) THE AUTHORITY IS THE ECON OMIC DEVELOPMENT AUT HORITY 7 | |
| 200 | + | FOR THE STATE TO BENEFIT THE NEI GHBORHOODS OF BALTIMORE CITY WITHIN 8 | |
| 201 | + | THE TARGET AREA . 9 | |
| 202 | + | ||
| 203 | + | (B) THE LEGISLATIVE PURPO SES OF THE AUTHORITY ARE TO : 10 | |
| 204 | + | ||
| 205 | + | (1) REVIVE THE VARIOUS C OMMUNITIES ALONG THE WEST NORTH 11 | |
| 206 | + | AVENUE CORRIDOR IN BALTIMORE CITY; 12 | |
| 207 | + | ||
| 208 | + | (2) PROMOTE ECONOMIC DEV ELOPMENT; 13 | |
| 209 | + | ||
| 210 | + | (3) ENCOURAGE THE INCREA SE OF BUSINESS ACTIV ITY, COMMERCE , 14 | |
| 211 | + | AND A BALANCED ECONO MY IN BALTIMORE CITY; 15 | |
| 212 | + | ||
| 213 | + | (4) HELP TO RETAIN AND A TTRACT BUSINESS ACTI VITY AND 16 | |
| 214 | + | COMMERCE IN BALTIMORE CITY; AND 17 | |
| 215 | + | ||
| 216 | + | (5) PROMOTE THE HEALTH , PUBLIC SAFETY , RIGHT OF GAINFUL 18 | |
| 217 | + | EMPLOYMENT , AND WELFARE OF RESID ENTS OF BALTIMORE CITY. 19 | |
| 218 | + | ||
| 219 | + | (C) THE GENERAL ASSEMBLY INTENDS THAT : 20 | |
| 220 | + | ||
| 221 | + | (1) THE AUTHORITY OPERATE AND EXERCISE ITS CORPORA TE 21 | |
| 222 | + | POWERS ALONG THE WEST NORTH AVENUE CORRIDOR IN BALTIMORE CITY; 22 | |
| 223 | + | ||
| 224 | + | (2) WITHOUT LIMITING ITS AUTHORITY TO OTHERWISE EXERCIS E ITS 23 | |
| 225 | + | POWERS, THE AUTHORITY EXERCISE IT S POWERS TO ASSIST P RIVATE REAL ESTATE 24 | |
| 226 | + | ENTITIES AND NONPROF IT COMMUNITY DEVELOP MENT CORPORATIONS TO 25 | |
| 227 | + | DEVELOP AND REHABILI TATE HOUSING AND COM MERCIAL UNITS IN BALTIMORE 26 | |
| 228 | + | CITY AND SUPPORT LOCA L ECONOMI C DEVELOPMENT AGENCI ES TO CONTRIBUTE 27 | |
| 229 | + | TO THE EXPANSION , MODERNIZATION , AND RETENTION OF EXI STING ENTERPRISES 28 | |
| 230 | + | IN BALTIMORE CITY AS WELL AS THE A TTRACTION OF NEW BUS INESSES TO 29 | |
| 231 | + | BALTIMORE CITY; AND 30 | |
| 232 | + | ||
| 233 | + | (3) THE AUTHORITY SHOULD NOT OWN AND OPERATE A PR OJECT 31 | |
| 234 | + | UNLESS: 32 | |
| 235 | + | 6 SENATE BILL 4 | |
| 236 | + | ||
| 237 | + | ||
| 238 | + | (I) THE BOARD DETERMINES BY R ESOLUTION THAT THE 1 | |
| 239 | + | PRIVATE SECTOR HAS N OT DEMONSTRATED SERI OUS AND SIGNIFICANT INTEREST 2 | |
| 240 | + | AND DEVELOPMENT CAPA CITY TO OWN AND OPER ATE THE PROJECT ; OR 3 | |
| 241 | + | ||
| 242 | + | (II) A REPRESENTATIVE OF A GOVERNMENTAL UNIT REQUESTS 4 | |
| 243 | + | IN WRITING THAT THE AUTHORITY OWN AND OPE RATE THE PROJECT . 5 | |
| 244 | + | ||
| 245 | + | 12–705. 6 | |
| 246 | + | ||
| 247 | + | (A) (1) EXCEPT AS OTHERWISE P ROVIDED IN THIS SECT ION, IN 7 | |
| 248 | + | EXERCISING ITS POWER S, THE AUTHORITY: 8 | |
| 249 | + | ||
| 250 | + | (I) MAY CARRY OUT ITS PU RPOSES WITHOU T THE CONSENT OF 9 | |
| 251 | + | ANY STATE UNIT; AND 10 | |
| 252 | + | ||
| 253 | + | (II) IS NOT SUBJECT TO : 11 | |
| 254 | + | ||
| 255 | + | 1. SUBTITLES 1 THROUGH 3 OF THIS TITLE; OR 12 | |
| 256 | + | ||
| 257 | + | 2. THE FOLLOWING PROVIS IONS OF THE STATE 13 | |
| 258 | + | FINANCE AND PROCUREMENT ARTICLE: 14 | |
| 259 | + | ||
| 260 | + | A. TITLE 2, SUBTITLES 2 (GIFTS AND GRANTS) AND 5 15 | |
| 261 | + | (FACILITIES FOR THE HANDICAPPED ); 16 | |
| 262 | + | ||
| 263 | + | B. TITLE 3 (BUDGET AND MANAGEMENT ); 17 | |
| 264 | + | ||
| 265 | + | C. TITLE 4 (DEPARTMENT OF GENERAL SERVICES); 18 | |
| 266 | + | ||
| 267 | + | D. TITLE 5A (DIVISION OF HISTORICAL AND CULTURAL 19 | |
| 268 | + | PROGRAMS); 20 | |
| 269 | + | ||
| 270 | + | E. TITLE 6, SUBTITLE 1 (STUDIES AND ESTIMATES); 21 | |
| 271 | + | ||
| 272 | + | F. TITLE 7, SUBTITLES 1 (STATE OPERATING BUDGET), 22 | |
| 273 | + | 2 (DISBURSEMENTS AND EXPENDITURES ), AND 3 (UNSPENT BALANCES); 23 | |
| 274 | + | ||
| 275 | + | G. TITLE 10 (BOARD OF PUBLIC WORKS – 24 | |
| 276 | + | MISCELLANEOUS PROVISIONS); OR 25 | |
| 277 | + | ||
| 278 | + | H. DIVISION II (GENERAL PROCUREMENT LAW). 26 | |
| 279 | + | ||
| 280 | + | (2) THE AUTHORITY IS SUBJECT TO: 27 | |
| 281 | + | ||
| 282 | + | (I) THE PUBLIC INFORMATION ACT; AND 28 SENATE BILL 4 7 | |
| 192 | 283 | ||
| 193 | 284 | ||
| 194 | 285 | ||
| 195 | - | (II) ENCOURAGING THE INCR EASE OF COMMERCE AND A 1 | |
| 196 | - | BALANCED ECONOMY ; 2 | |
| 286 | + | (II) THE OPEN MEETINGS ACT. 1 | |
| 197 | 287 | ||
| 198 | - | ( | |
| 199 | - | ||
| 288 | + | (B) THE AUTHORITY, ITS OFFICERS, AND ITS EMPLOYEES AR E SUBJECT TO 2 | |
| 289 | + | THE PUBLIC ETHICS LAW. 3 | |
| 200 | 290 | ||
| 201 | - | (IV) ATTRACTING NEW INDUS TRIES AND COMMERCE ; 5 | |
| 291 | + | (C) THE AUTHORITY, ITS OFFICERS, AND ITS EMPLOYEES AR E SUBJECT TO 4 | |
| 292 | + | TITLE 12, SUBTITLE 4 OF THE STATE FINANCE AND PROCUREMENT ARTICLE. 5 | |
| 202 | 293 | ||
| 203 | - | ||
| 294 | + | 12–706. 6 | |
| 204 | 295 | ||
| 205 | - | (VI) GENERALLY PROMOTING THE HEALTH , WELFARE, AND 7 | |
| 206 | - | PUBLIC SAFETY OF RES IDENTS IN BALTIMORE CITY AND INCREASING P ROPERTY 8 | |
| 207 | - | TAX REVENUES FOR THE STATE AND THE CITY OF BALTIMORE; 9 | |
| 296 | + | (a) A BOARD OF DIRECTORS SHALL MANAG E THE AUTHORITY AND 7 | |
| 297 | + | EXERCISE ITS POWERS . 8 | |
| 208 | 298 | ||
| 209 | - | (5) THE ESTABLISHMENT OF THIS PUBLIC AUTHORITY T O PROVIDE 10 | |
| 210 | - | FINANCIAL RESOURCES FOR THE DEVELOPMENT AND ESTABLISHMENT OF 11 | |
| 211 | - | RESIDENCES AND BUSIN ESSES THROUGH COMMUN ITY ORGANIZATIONS IN THE 12 | |
| 212 | - | TARGET AREA WILL SIG NIFICANTLY IMPROVE BALTIMORE CITY NEIGHBORHOODS 13 | |
| 213 | - | AND INCREASE PROPERT Y TAX REVENUES FOR T HE STATE AND THE CITY OF 14 | |
| 214 | - | BALTIMORE; AND 15 | |
| 299 | + | (B) The [Authority] BOARD consists of the following members: 9 | |
| 215 | 300 | ||
| 216 | - | (6) THE AUTHORITY IS THE ECON OMIC DEVELOPMENT AUT HORITY 16 | |
| 217 | - | FOR THE STATE TO BENEFIT THE NEIGHBORHOODS OF BALTIMORE CITY WITHIN 17 | |
| 218 | - | THE TARGET AREA . 18 | |
| 301 | + | (1) one member of the Senate of Maryland who represents the target area, 10 | |
| 302 | + | appointed by the President of the Senate; 11 | |
| 219 | 303 | ||
| 220 | - | (B) THE LEGISLATIVE PURPO SES OF THE AUTHORITY ARE TO : 19 | |
| 304 | + | (2) one member of the House of Delegates who represents the target area, 12 | |
| 305 | + | appointed by the Speaker of the House; 13 | |
| 221 | 306 | ||
| 222 | - | ( | |
| 223 | - | ||
| 307 | + | (3) the Secretary of Housing and Community Development, or the 14 | |
| 308 | + | Secretary’s designee; 15 | |
| 224 | 309 | ||
| 225 | - | ( | |
| 310 | + | (4) the Secretary of Transportation, or the Secretary’s designee; 16 | |
| 226 | 311 | ||
| 227 | - | (3) ENCOURAGE THE INCREA SE OF BUSINESS ACTIV ITY, COMMERCE , 23 | |
| 228 | - | AND A BALANCED ECONO MY IN BALTIMORE CITY; 24 | |
| 312 | + | (5) the Secretary of Commerce, or the Secretary’s designee; 17 | |
| 229 | 313 | ||
| 230 | - | ( | |
| 231 | - | ||
| 314 | + | (6) the Executive Director of the Maryland Economic Development 18 | |
| 315 | + | Corporation, or the Executive Director’s designee; 19 | |
| 232 | 316 | ||
| 233 | - | ( | |
| 234 | - | ||
| 317 | + | (7) one member of the Baltimore City Council who represents the target 20 | |
| 318 | + | area, appointed by the President of the Baltimore City Council; 21 | |
| 235 | 319 | ||
| 236 | - | (C) THE GENERAL ASSEMBLY INTENDS THAT : 29 | |
| 237 | - | 6 SENATE BILL 4 | |
| 320 | + | (8) one member appointed by the Mayor of Baltimore City; 22 | |
| 321 | + | ||
| 322 | + | (9) one member appointed by the Governor; 23 | |
| 323 | + | ||
| 324 | + | (10) the Director of the Baltimore Development Corporation, or the 24 | |
| 325 | + | Director’s designee; 25 | |
| 326 | + | ||
| 327 | + | (11) the Commissioner of the Baltimore City Department of Housing and 26 | |
| 328 | + | Community Development, or the Commissioner’s designee; 27 | |
| 329 | + | 8 SENATE BILL 4 | |
| 238 | 330 | ||
| 239 | 331 | ||
| 240 | - | ( | |
| 241 | - | ||
| 332 | + | (12) the Director of the Baltimore City Department of Transportation, or the 1 | |
| 333 | + | Director’s designee; 2 | |
| 242 | 334 | ||
| 243 | - | (2) WITHOUT LIMITING ITS AUTHORITY TO OTHERWI SE EXERCISE ITS 3 | |
| 244 | - | POWERS, THE AUTHORITY EXERCISE IT S POWERS TO ASSIST P RIVATE REAL ESTATE 4 | |
| 245 | - | ENTITIES AND NONPROF IT COMMUNITY DEVELOP MENT CORPORATIONS TO 5 | |
| 246 | - | DEVELOP AND REHABILI TATE HOUSING AND COM MERCIAL UNITS IN BALTIMORE 6 | |
| 247 | - | CITY AND SUPPORT LOCA L ECONOMIC DEVELOPME NT AGENCIES TO CONTR IBUTE 7 | |
| 248 | - | TO THE EXPANSION , MODERNIZATION , AND RETENTION OF EXI STING ENTERPRISES 8 | |
| 249 | - | IN BALTIMORE CITY AS WELL AS THE A TTRACTION OF NEW BUS INESSES TO 9 | |
| 250 | - | BALTIMORE CITY; AND 10 | |
| 335 | + | (13) the Director of the Baltimore City Department of Planning, or the 3 | |
| 336 | + | Director’s designee; 4 | |
| 251 | 337 | ||
| 252 | - | (3) THE AUTHORITY SHOULD NOT OWN AND OPERATE A PR OJECT 11 | |
| 253 | - | UNLESS: 12 | |
| 338 | + | (14) the President of Coppin State University, or the President’s designee; 5 | |
| 254 | 339 | ||
| 255 | - | (I) THE BOARD DETERMINES BY R ESOLUTION THAT THE 13 | |
| 256 | - | PRIVATE SECTOR HAS N OT DEMONSTRATED SERI OUS AND SIGNIFICANT INTE REST 14 | |
| 257 | - | AND DEVELOPMENT CAPA CITY TO OWN AND OPER ATE THE PROJECT ; OR 15 | |
| 340 | + | (15) the President of the Maryland Institute College of Art, or the 6 | |
| 341 | + | President’s designee; 7 | |
| 258 | 342 | ||
| 259 | - | ( | |
| 260 | - | ||
| 343 | + | (16) two members appointed by the chair of the Authority, or the chair’s 8 | |
| 344 | + | designee; and 9 | |
| 261 | 345 | ||
| 262 | - | 12–705. 18 | |
| 346 | + | (17) two members who are residents of communities impacted by the target 10 | |
| 347 | + | area or buffer zone, WITH ONE MEMBE R REPRESENTING THE N EIGHBORHOODS EAST 11 | |
| 348 | + | OF NORTH FULTON AVENUE AND ONE MEMBER REPRESENTING THE 12 | |
| 349 | + | NEIGHBORHOODS WEST O F NORTH FULTON AVENUE, selected by the majority vote of 13 | |
| 350 | + | the leadership of the following organizations: 14 | |
| 263 | 351 | ||
| 264 | - | (A) (1) EXCEPT AS OTHERWISE P ROVIDED IN T HIS SECTION , IN 19 | |
| 265 | - | EXERCISING ITS POWER S, THE AUTHORITY: 20 | |
| 352 | + | (i) Alliance of Rosemont Community Associations; 15 | |
| 266 | 353 | ||
| 267 | - | (I) MAY CARRY OUT ITS PU RPOSES WITHOUT THE C ONSENT OF 21 | |
| 268 | - | ANY STATE UNIT; AND 22 | |
| 354 | + | (ii) Bolton Hill Community Association; 16 | |
| 269 | 355 | ||
| 270 | - | ( | |
| 356 | + | (iii) Coppin Heights Community Development Corporation; 17 | |
| 271 | 357 | ||
| 272 | - | | |
| 358 | + | (iv) Druid Heights Community Development Corporation; 18 | |
| 273 | 359 | ||
| 274 | - | 2. THE FOLLOWING PROVIS IONS OF THE STATE 25 | |
| 275 | - | FINANCE AND PROCUREMENT ARTICLE: 26 | |
| 360 | + | (v) Greater Mondawmin Coordinating Council; 19 | |
| 276 | 361 | ||
| 277 | - | A. TITLE 2, SUBTITLES 2 (GIFTS AND GRANTS) AND 5 27 | |
| 278 | - | (FACILITIES FOR THE HANDICAPPED ); 28 | |
| 362 | + | (vi) Penn North Community Association; and 20 | |
| 279 | 363 | ||
| 280 | - | B. TITLE 3 (BUDGET AND MANAGEMENT ); 29 | |
| 364 | + | (vii) collectively, the leadership of the Reservoir Hill Improvement 21 | |
| 365 | + | Council, the Reservoir Hill Association, and the Upper Eutaw Madison Neighborhood 22 | |
| 366 | + | Association. 23 | |
| 281 | 367 | ||
| 282 | - | | |
| 283 | - | ||
| 368 | + | [(b)] (C) The President of Coppin State University, or the President’s designee, 24 | |
| 369 | + | shall serve as the chair of the [Authority] BOARD. 25 | |
| 284 | 370 | ||
| 371 | + | 12–710. 26 | |
| 285 | 372 | ||
| 286 | - | D. TITLE 5A (DIVISION OF HISTORICAL AND CULTURAL 1 | |
| 287 | - | PROGRAMS); 2 | |
| 373 | + | THE AUTHORITY MAY : 27 | |
| 288 | 374 | ||
| 289 | - | ||
| 375 | + | (1) ADOPT BYLAWS FOR THE CONDUCT OF ITS BUSIN ESS; 28 | |
| 290 | 376 | ||
| 291 | - | F. TITLE 7, SUBTITLES 1 (STATE OPERATING BUDGET), 4 | |
| 292 | - | 2 (DISBURSEMENTS AND EXPENDITURES ), AND 3 (UNSPENT BALANCES); 5 | |
| 293 | - | ||
| 294 | - | G. TITLE 10 (BOARD OF PUBLIC WORKS – 6 | |
| 295 | - | MISCELLANEOUS PROVISIONS); OR 7 | |
| 296 | - | ||
| 297 | - | H. DIVISION II (GENERAL PROCUREMENT LAW). 8 | |
| 298 | - | ||
| 299 | - | (2) THE AUTHORITY IS SUBJECT TO: 9 | |
| 300 | - | ||
| 301 | - | (I) THE PUBLIC INFORMATION ACT; AND 10 | |
| 302 | - | ||
| 303 | - | (II) THE OPEN MEETINGS ACT. 11 | |
| 304 | - | ||
| 305 | - | (B) THE AUTHORITY, ITS OFFICERS, AND ITS EMPLOYEES AR E SUBJECT TO 12 | |
| 306 | - | THE PUBLIC ETHICS LAW. 13 | |
| 307 | - | ||
| 308 | - | (C) THE AUTHORITY, ITS OFFICERS, AND ITS EMPLOYEES AR E SUBJECT TO 14 | |
| 309 | - | TITLE 12, SUBTITLE 4 OF THE STATE FINANCE AND PROCUREMENT ARTICLE. 15 | |
| 310 | - | ||
| 311 | - | (D) THE AUTHORITY IS SUBJECT TO TITLE 14, SUBTITLE 3 OF THE STATE 16 | |
| 312 | - | FINANCE AND PROCUREMENT ARTICLE. 17 | |
| 313 | - | ||
| 314 | - | 12–706. 18 | |
| 315 | - | ||
| 316 | - | (a) A BOARD OF DIRECTORS SHALL MANAG E THE AUTHORITY AND 19 | |
| 317 | - | EXERCISE ITS POWERS . 20 | |
| 318 | - | ||
| 319 | - | (B) The [Authority] BOARD consists of the following members: 21 | |
| 320 | - | ||
| 321 | - | (1) one member of the Senate of Maryland who represents the target area, 22 | |
| 322 | - | appointed by the President of the Senate; 23 | |
| 323 | - | ||
| 324 | - | (2) one member of the House of Delegates who represents the target area, 24 | |
| 325 | - | appointed by the Speaker of the House; 25 | |
| 326 | - | ||
| 327 | - | (3) the Secretary of Housing and Community Development, or the 26 | |
| 328 | - | Secretary’s designee; 27 | |
| 329 | - | ||
| 330 | - | (4) the Secretary of Transportation, or the Secretary’s designee; 28 8 SENATE BILL 4 | |
| 377 | + | (2) ADOPT A SEAL; 29 SENATE BILL 4 9 | |
| 331 | 378 | ||
| 332 | 379 | ||
| 333 | 380 | ||
| 334 | - | ( | |
| 381 | + | (3) SUE OR BE SUED; 1 | |
| 335 | 382 | ||
| 336 | - | ( | |
| 337 | - | ||
| 383 | + | (4) MAINTAIN AN OFFICE A T A PLACE IT DESIGNA TES IN BALTIMORE 2 | |
| 384 | + | CITY; 3 | |
| 338 | 385 | ||
| 339 | - | (7) one member of the Baltimore City Council who represents the target 4 | |
| 340 | - | area, appointed by the President of the Baltimore City Council; 5 | |
| 386 | + | (5) MAKE OR ACCEPT AND M ANAGE LOANS , GRANTS, OR ASSISTANCE 4 | |
| 387 | + | OF ANY KIND FROM THE FEDERAL OR STATE GOVERNMENT , A LOCAL GOVERNMENT , 5 | |
| 388 | + | A COLLEGE OR UNIVERS ITY, A CHARITABLE INSTITU TION, A NONPROF IT 6 | |
| 389 | + | ORGANIZATION , A FOR–PROFIT ORGANIZATION , OR A PRIVATE SOURCE ; 7 | |
| 341 | 390 | ||
| 342 | - | ( | |
| 391 | + | (6) MAKE GRANTS TO INDIV IDUALS; 8 | |
| 343 | 392 | ||
| 344 | - | (9) one member appointed by the Governor; 7 | |
| 393 | + | (7) ACQUIRE PROPERTIES I N BALTIMORE CITY, DIRECTLY OR 9 | |
| 394 | + | INDIRECTLY, FROM A PERSON OR POL ITICAL SUBDIVISION , TO IMPROVE, MANAGE, 10 | |
| 395 | + | MARKET, MAINTAIN, OR LEASE, FROM A PERSON OR POL ITICAL SUBDIVISION F OR 11 | |
| 396 | + | RESIDENTIAL, COMMERCIAL , OR INDUSTRIAL DEVELO PMENT OR REDEVELOPME NT, 12 | |
| 397 | + | INCLUDING COMPREHENS IVE RENOVATION OR RE HABILITATION OF THE LAND OR 13 | |
| 398 | + | PROPERTY ON TERMS TH E AUTHORITY CONSIDERS R EASONABLE TO OPERATE A 14 | |
| 399 | + | PROJECT IN BALTIMORE CITY, BY: 15 | |
| 345 | 400 | ||
| 346 | - | (10) the Director of the Baltimore Development Corporation, or the 8 | |
| 347 | - | Director’s designee; 9 | |
| 401 | + | (I) PURCHASE; 16 | |
| 348 | 402 | ||
| 349 | - | (11) the Commissioner of the Baltimore City Department of Housing and 10 | |
| 350 | - | Community Development, or the Commissioner’s designee; 11 | |
| 403 | + | (II) GIFT; 17 | |
| 351 | 404 | ||
| 352 | - | (12) the Director of the Baltimore City Department of Transportation, or the 12 | |
| 353 | - | Director’s designee; 13 | |
| 405 | + | (III) INTEREST; 18 | |
| 354 | 406 | ||
| 355 | - | (13) the Director of the Baltimore City Department of Planning, or the 14 | |
| 356 | - | Director’s designee; 15 | |
| 407 | + | (IV) CONDEMNATION ; 19 | |
| 357 | 408 | ||
| 358 | - | (14) the President of Coppin State University, or the President’s designee; 16 | |
| 409 | + | (V) EMINENT DOMAIN , EXCEPT FOR OWNER –OCCUPIED 20 | |
| 410 | + | RESIDENTIAL PROPERTI ES; 21 | |
| 359 | 411 | ||
| 360 | - | (15) the President of the Maryland Institute College of Art, or the 17 | |
| 361 | - | President’s designee; 18 | |
| 412 | + | (VI) TAX SALE; 22 | |
| 362 | 413 | ||
| 363 | - | (16) two members appointed by the chair of the Authority, or the chair’s 19 | |
| 364 | - | designee; and 20 | |
| 414 | + | (VII) FORECLOSURE ; 23 | |
| 365 | 415 | ||
| 366 | - | (17) two members who are residents of communities impacted by the target 21 | |
| 367 | - | area or buffer zone, WITH ONE MEMBER REPR ESENTING THE NEIGHBO RHOODS EAST 22 | |
| 368 | - | OF NORTH FULTON AVENUE AND ONE MEMBER REPRESENTING THE 23 | |
| 369 | - | NEIGHBORHOODS WEST O F NORTH FULTON AVENUE, selected by the majority vote of 24 | |
| 370 | - | the leadership of the following organizations: 25 | |
| 416 | + | (VIII) RECEIVERSHIP ; 24 | |
| 371 | 417 | ||
| 372 | - | ( | |
| 418 | + | (IX) IN REM FORECLOSURE PROC EEDINGS; 25 | |
| 373 | 419 | ||
| 374 | - | ( | |
| 420 | + | (X) EASEMENT, OR ANY OTHER INTERES T IN LAND; 26 | |
| 375 | 421 | ||
| 376 | - | ( | |
| 422 | + | (XI) LEASE; AND 27 | |
| 377 | 423 | ||
| 378 | - | ( | |
| 424 | + | (XII) RENT; 28 10 SENATE BILL 4 | |
| 379 | 425 | ||
| 380 | 426 | ||
| 381 | 427 | ||
| 382 | - | ( | |
| 428 | + | (8) ACQUIRE, PURCHASE, HOLD, LEASE AS LESSEE , AND USE: 1 | |
| 383 | 429 | ||
| 384 | - | ( | |
| 430 | + | (I) A FRANCHISE, PATENT, OR LICENSE; 2 | |
| 385 | 431 | ||
| 386 | - | (vii) collectively, the leadership of the Reservoir Hill Improvement 3 | |
| 387 | - | Council, the Reservoir Hill Association, and the Upper Eutaw Madison Neighborhood 4 | |
| 388 | - | Association. 5 | |
| 432 | + | (II) ANY REAL, PERSONAL, MIXED, TANGIBLE, OR INTANGIBLE 3 | |
| 433 | + | PROPERTY; OR 4 | |
| 389 | 434 | ||
| 390 | - | [(b)] (C) The President of Coppin State University, or the President’s designee, 6 | |
| 391 | - | shall serve as the chair of the [Authority] BOARD. 7 | |
| 435 | + | (III) AN INTEREST IN THE P ROPERTY LISTED IN TH IS ITEM; 5 | |
| 392 | 436 | ||
| 393 | - | 12–710. 8 | |
| 437 | + | (9) FINANCE ALL OR PART OF THE ACQUISITION O R IMPROVEMENT OF 6 | |
| 438 | + | A PROJECT; 7 | |
| 394 | 439 | ||
| 395 | - | THE AUTHORITY MAY : 9 | |
| 440 | + | (10) SELL, LEASE AS LESSOR , TRANSFER, LICENSE, ASSIGN, OR 8 | |
| 441 | + | DISPOSE OF PROPERTY OR A PROPERTY INTERE ST THAT THE AUTHORITY 9 | |
| 442 | + | ACQUIRES; 10 | |
| 396 | 443 | ||
| 397 | - | (1) ADOPT BYLAWS FOR THE CONDUCT OF ITS BUSIN ESS; 10 | |
| 444 | + | (11) FIX AND COLLECT RATE S, RENTALS, FEES, ROYALTIES, AND 11 | |
| 445 | + | CHARGES FOR SERVICES AND RESOURCES THE AUTHORITY PROVIDES OR MAKES 12 | |
| 446 | + | AVAILABLE; 13 | |
| 398 | 447 | ||
| 399 | - | (2) ADOPT A SEAL; 11 | |
| 448 | + | (12) ENTER INTO CONTRACTS WITH ANY FEDERAL, STATE, OR LOCAL 14 | |
| 449 | + | GOVERNMENT AGENCY , A GOVERNMENTAL UNIT , A COLLEGE OR UNIVERS ITY, 15 | |
| 450 | + | CHARITABLE INSTITUTI ONS, OR A PRIVATE ENTITY OR PARTY; 16 | |
| 400 | 451 | ||
| 401 | - | (3) SUE OR BE SUED; 12 | |
| 452 | + | (13) EXERCISE POWER USUAL LY POSSESSED BY A PR IVATE 17 | |
| 453 | + | CORPORATION IN PERFO RMING SIMILAR FUNCTI ONS UNLESS TO DO SO WOULD 18 | |
| 454 | + | CONFLICT WITH STATE LAW; 19 | |
| 402 | 455 | ||
| 403 | - | (4) MAINTAIN AN OFFICE A T A PLACE IT DESIGNA TES IN BALTIMORE 13 | |
| 404 | - | CITY; 14 | |
| 456 | + | (14) WITH THE OWNER ’S PERMISSION, ENTER LANDS OR PREMI SES TO 20 | |
| 457 | + | MAKE A SURVEY , A SOUNDING, A BORING, OR AN EXAMINATION TO ACCOMPLISH THE 21 | |
| 458 | + | PURPOSE AUTHORIZED B Y THIS SUBTITLE; 22 | |
| 405 | 459 | ||
| 406 | - | (5) MAKE OR ACCEPT AND M ANAGE LOANS , GRANTS, OR ASSISTANCE 15 | |
| 407 | - | OF ANY KIND FROM THE FEDERAL OR STATE GOVERNMENT , A LOCAL GOVERNMENT , 16 | |
| 408 | - | A COLLEGE OR UNIVERS ITY, A CHARITABLE INSTITU TION, A NONPROFIT 17 | |
| 409 | - | ORGANIZATION , A FOR–PROFIT ORGANIZATION , OR A PRIVATE SOURCE ; 18 | |
| 460 | + | (15) CREATE, OWN, CONTROL, OR BE A MEMBER OF A CORPORATION , 23 | |
| 461 | + | LIMITED LIABILITY CO MPANY, PARTNERSHIP , OR ANY OTHER ENTITY ; 24 | |
| 410 | 462 | ||
| 411 | - | (6) MAKE GRANTS TO INDIV IDUALS; 19 | |
| 463 | + | (16) CREATE A SPECIAL DIS TRICT BENEFIT FOR TH E COMMERCIAL 25 | |
| 464 | + | BUSINESSES IN THE TA RGET AREA; 26 | |
| 412 | 465 | ||
| 413 | - | (7) ACQUIRE PROPERTIES I N BALTIMORE CITY, DIRECTLY OR 20 | |
| 414 | - | INDIRECTLY, FROM A PERSON OR POL ITICAL SUBDIVISION , TO IMPROVE, MANAGE, 21 | |
| 415 | - | MARKET, MAINTAIN, OR LEASE, FROM A PERSON OR POL ITICAL SUBDIVISION F OR 22 | |
| 416 | - | RESIDENTIAL, COMMERCIAL , OR INDUSTRIAL DEVELOP MENT OR REDEVELOPMEN T, 23 | |
| 417 | - | INCLUDING COMPREHENS IVE RENOVATION OR RE HABILITATION OF THE LAND OR 24 | |
| 418 | - | PROPERTY ON TERMS TH E AUTHORITY CONSIDERS R EASONABLE TO OPERATE A 25 | |
| 419 | - | PROJECT IN BALTIMORE CITY, BY: 26 | |
| 466 | + | (17) OPEN A BANK ACCOUNT WITH A NATIONAL OR L OCAL FEDERALLY 27 | |
| 467 | + | INSURED FINANCIAL INSTITUTION; 28 | |
| 420 | 468 | ||
| 421 | - | (I) PURCHASE; 27 | |
| 422 | - | ||
| 423 | - | (II) GIFT; 28 | |
| 424 | - | ||
| 425 | - | (III) INTEREST; 29 10 SENATE BILL 4 | |
| 469 | + | (18) SET SALARIES IN ACCO RDANCE WITH THE JURI SDICTION MARKET 29 | |
| 470 | + | RATE AND OUTSIDE THE STATE PERSONNEL AND PENSION SYSTEM; 30 SENATE BILL 4 11 | |
| 426 | 471 | ||
| 427 | 472 | ||
| 428 | 473 | ||
| 429 | - | (IV) CONDEMNATION ; 1 | |
| 474 | + | (19) CREATE A FORUM FOR S TAKEHOLDERS TO COME TOGETHER ON 1 | |
| 475 | + | CREATING A 20–YEAR COMPREHENSIVE P LAN AROUND ECONOMIC , HOUSING, 2 | |
| 476 | + | TRANSPORTATION , NEIGHBORHOOD , AND GREEN SPACE DEVE LOPMENT WITHIN 3 | |
| 477 | + | THE TARGET ZONE ; 4 | |
| 430 | 478 | ||
| 431 | - | (V) EMINENT DOMAIN , EXCEPT FOR OWNER –OCCUPIED 2 | |
| 432 | - | RESIDENTIAL PROPERTI ES; 3 | |
| 479 | + | (20) SERVE AS A CLEARINGH OUSE AND RESOURCE CE NTER FOR 5 | |
| 480 | + | PROMOTING COORDINATI ON AND COMMUNICATION ON DEVELOPMENT 6 | |
| 481 | + | OPPORTUNITIES FOR TH E WEST NORTH AVENUE CORRIDOR; 7 | |
| 433 | 482 | ||
| 434 | - | (VI) TAX SALE; 4 | |
| 483 | + | (21) ENSURE MONEY IS BEING SPENT EFFECTIVELY AN D EFFICIENTLY 8 | |
| 484 | + | ON DEVELOPMENT AND T HAT DEVELOPMENT IS H APPENING IN THE APPR OPRIATE 9 | |
| 485 | + | WAY FOR THE WEST NORTH AVENUE CORRIDOR; 10 | |
| 435 | 486 | ||
| 436 | - | (VII) FORECLOSURE ; 5 | |
| 487 | + | (22) PROVIDE ADVISORY SER VICES TO STATE AND BALTIMORE CITY 11 | |
| 488 | + | AGENCIES ON PLANNING AND DEVELO PMENT FOR THE TARGET AREA; 12 | |
| 437 | 489 | ||
| 438 | - | (VIII) RECEIVERSHIP ; 6 | |
| 490 | + | (23) INITIATE, FUND, AND MONITOR FOR EFFI CIENCY AND 13 | |
| 491 | + | EFFECTIVENESS ECONOM IC, HOUSING, TRANSPORTATION , NEIGHBORHOOD , AND 14 | |
| 492 | + | GREEN SPACE DEVELOPM ENT WITHIN THE TARGE T AREA; 15 | |
| 439 | 493 | ||
| 440 | - | (IX) IN REM FORECLOSURE P ROCEEDINGS ; 7 | |
| 494 | + | (24) MAKE RULES AND REGUL ATIONS FOR THE OPERA TION AND US E 16 | |
| 495 | + | OF LAND , PROPERTY, AND UNDERTAKINGS UND ER THE AUTHORITY’S 17 | |
| 496 | + | JURISDICTION; AND 18 | |
| 441 | 497 | ||
| 442 | - | (X) EASEMENT, OR ANY OTHER INTERES T IN LAND; 8 | |
| 498 | + | (25) DO ALL THINGS NECESS ARY OR CONVENIENT TO CARRY OUT THE 19 | |
| 499 | + | POWERS EXPRESSLY GRA NTED BY THIS SUBTITL E. 20 | |
| 443 | 500 | ||
| 444 | - | ||
| 501 | + | 12–711. 21 | |
| 445 | 502 | ||
| 446 | - | (XII) RENT; 10 | |
| 503 | + | (A) THE AUTHORITY SHALL ESTAB LISH A SYSTEM OF FIN ANCIAL 22 | |
| 504 | + | ACCOUNTING , CONTROLS, AUDITS, AND REPORTS . 23 | |
| 447 | 505 | ||
| 448 | - | (8) ACQUIRE, PURCHASE, HOLD, LEASE AS LESSEE , AND USE: 11 | |
| 506 | + | (B) THE FISCAL YEAR OF TH E AUTHORITY BEGINS ON JULY 1 AND ENDS ON 24 | |
| 507 | + | THE FOLLOWING JUNE 30. 25 | |
| 449 | 508 | ||
| 450 | - | ||
| 509 | + | 12–712. 26 | |
| 451 | 510 | ||
| 452 | - | ( | |
| 453 | - | ||
| 511 | + | (A) THE AUTHORITY MAY CREATE AND ADMINISTER THE A CCOUNTS THAT 27 | |
| 512 | + | IT REQUIRES. 28 | |
| 454 | 513 | ||
| 455 | - | (III) AN INTEREST IN THE P ROPERTY LISTED IN THIS ITEM; 15 | |
| 456 | - | ||
| 457 | - | (9) FINANCE ALL OR PART OF THE ACQUISITION O R IMPROVEMENT OF 16 | |
| 458 | - | A PROJECT; 17 | |
| 459 | - | ||
| 460 | - | (10) SELL, LEASE AS LESSOR , TRANSFER, LICENSE, ASSIGN, OR 18 | |
| 461 | - | DISPOSE OF PROPERTY OR A PROPERTY INTERE ST THAT THE AUTHORITY 19 | |
| 462 | - | ACQUIRES; 20 | |
| 463 | - | ||
| 464 | - | (11) FIX AND COLLECT RAT ES, RENTALS, FEES, ROYALTIES, AND 21 | |
| 465 | - | CHARGES FOR SERVICES AND RESOURCES THE AUTHORITY PROVIDES OR MAKES 22 | |
| 466 | - | AVAILABLE; 23 | |
| 467 | - | ||
| 468 | - | (12) ENTER INTO CONTRACTS WITH ANY FEDERAL , STATE, OR LOCAL 24 | |
| 469 | - | GOVERNMENT AGENCY , A GOVERNMENTAL UNIT , A COLLEGE OR UNIVERS ITY, 25 | |
| 470 | - | CHARITABLE INST ITUTIONS, OR A PRIVATE ENTITY OR PARTY; 26 | |
| 471 | - | SENATE BILL 4 11 | |
| 514 | + | (B) THE AUTHORITY SHALL DEPOS IT ITS MONEY INTO A BALTIMORE CITY 29 | |
| 515 | + | OR NATIONAL BANK OR A FEDERALLY INSURED SAVINGS AND LOAN ASS OCIATION 30 | |
| 516 | + | THAT HAS A TOTAL PAI D–IN CAPITAL OF AT LEA ST $1,000,000. 31 12 SENATE BILL 4 | |
| 472 | 517 | ||
| 473 | 518 | ||
| 474 | - | (13) EXERCISE POWER USUAL LY POSSESSED BY A PR IVATE 1 | |
| 475 | - | CORPORATION IN PERFO RMING SIMILAR FUNCTI ONS UNLESS TO DO SO WOULD 2 | |
| 476 | - | CONFLICT WITH STATE LAW; 3 | |
| 477 | 519 | ||
| 478 | - | ( | |
| 479 | - | ||
| 480 | - | ||
| 520 | + | (C) THE AUTHORITY MAY DESIGNA TE THE TRUST D EPARTMENT OF A 1 | |
| 521 | + | BALTIMORE CITY OR NATIONAL BANK OR SAVINGS AND LOAN ASSOCIATION AS A 2 | |
| 522 | + | DEPOSITORY TO RECEIV E SECURITIES THAT TH E AUTHORITY OWNS OR ACQ UIRES. 3 | |
| 481 | 523 | ||
| 482 | - | (15) CREATE, OWN, CONTROL, OR BE A MEMBER OF A CORPORATION , 7 | |
| 483 | - | LIMITED LIABILITY CO MPANY, PARTNERSHIP , OR ANY OTHER ENTITY ; 8 | |
| 524 | + | 12–713. 4 | |
| 484 | 525 | ||
| 485 | - | (16) CREATE A SPECIAL DIS TRICT BENEFIT FOR TH E COMMERCIAL 9 | |
| 486 | - | BUSINESSES IN THE TA RGET AREA; 10 | |
| 526 | + | (A) EXCEPT AS PROVIDED IN SUBSECTION (B) OF THIS SECTION , THE 5 | |
| 527 | + | AUTHORITY IS EXEMPT F ROM TAXATION OR ASSESSMENTS ON ANY PART OF A 6 | |
| 528 | + | DEVELOPMENT OR PROJE CT, THE AUTHORITY’S ACTIVITIES IN OPER ATING AND 7 | |
| 529 | + | MAINTAINING A DEVELO PMENT OR PROJECT , AND REVENUES FROM A 8 | |
| 530 | + | DEVELOPMENT OR PROJE CT. 9 | |
| 487 | 531 | ||
| 488 | - | (17) OPEN A BANK ACCOUNT WITH A NATIONAL OR LOCAL FEDERALLY 11 | |
| 489 | - | INSURED FINANCIAL IN STITUTION; 12 | |
| 532 | + | (B) ANY PROPERTY THAT IS SOLD OR LEASED BY TH E AUTHORITY TO A 10 | |
| 533 | + | PRIVATE ENTITY IS SUBJEC T TO BALTIMORE CITY AND LOCAL REAL P ROPERTY 11 | |
| 534 | + | TAXES FROM THE TIME OF SALE OR LEASE . 12 | |
| 490 | 535 | ||
| 491 | - | ( | |
| 492 | - | ||
| 536 | + | (C) THE AUTHORITY IS EXEMPT F ROM STATE AND LOCAL TRANS FER AND 13 | |
| 537 | + | RECORDATION TAX . 14 | |
| 493 | 538 | ||
| 494 | - | (19) CREATE A FORUM FOR S TAKEHOLDERS TO COME TOGETHER ON 15 | |
| 495 | - | CREATING A 20–YEAR COMPREHEN SIVE PLAN AROUND ECO NOMIC, HOUSING, 16 | |
| 496 | - | TRANSPORTATION , NEIGHBORHOOD , AND GREEN SPACE DEVE LOPMENT WITHIN 17 | |
| 497 | - | THE TARGET ZONE ; 18 | |
| 539 | + | 12–714. 15 | |
| 498 | 540 | ||
| 499 | - | (20) SERVE AS A CLEARINGH OUSE AND RESOURCE CE NTER FOR 19 | |
| 500 | - | PROMOTING COORDINATI ON AND COMMUNICATION ON DEVELOPMENT 20 | |
| 501 | - | OPPORTUNITIES FOR TH E WEST NORTH AVENUE CORRIDOR; 21 | |
| 541 | + | (A) IN THIS SECTION , “FUND” MEANS THE WEST NORTH AVENUE 16 | |
| 542 | + | DEVELOPMENT AUTHORITY FUND. 17 | |
| 502 | 543 | ||
| 503 | - | (21) ENSURE MONEY IS BEIN G SPENT EFFECTIVELY AND EFFICIENTLY 22 | |
| 504 | - | ON DEVELOPMENT AND T HAT DEVELOPMENT IS H APPENING IN THE APPR OPRIATE 23 | |
| 505 | - | WAY FOR THE WEST NORTH AVENUE CORRIDOR; 24 | |
| 544 | + | (B) THERE IS A WEST NORTH AVENUE DEVELOPMENT AUTHORITY FUND. 18 | |
| 506 | 545 | ||
| 507 | - | (22) PROVIDE ADVISORY SER VICES TO STATE AND BALTIMORE CITY 25 | |
| 508 | - | AGENCIES ON PLANNING AND DEVELOPMENT FOR THE TARGET AREA ; 26 | |
| 546 | + | (C) THE PURPOSE OF THE FUND IS TO PROVIDE FU NDS FOR THE 19 | |
| 547 | + | AUTHORITY TO USE FOR CONSULTING FEES , SALARIES, AND ADMINISTRATIVE 20 | |
| 548 | + | EXPENSES. 21 | |
| 509 | 549 | ||
| 510 | - | (23) INITIATE, FUND, AND MONITOR FOR EFFI CIENCY AND 27 | |
| 511 | - | EFFECTIVENESS ECONOM IC, HOUSING, TRANSPORTATION , NEIGHBORHOOD , AND 28 | |
| 512 | - | GREEN SPACE DEVELOPM ENT WITHIN THE TARGE T AREA; 29 | |
| 550 | + | (D) THE AUTHORITY SHALL ADMIN ISTER THE FUND. 22 | |
| 513 | 551 | ||
| 514 | - | (24) MAKE RULES AND RE GULATIONS FOR THE OP ERATION AND USE 30 | |
| 515 | - | OF LAND , PROPERTY, AND UNDERTAKINGS UND ER THE AUTHORITY’S 31 | |
| 516 | - | JURISDICTION; AND 32 | |
| 517 | - | 12 SENATE BILL 4 | |
| 552 | + | (E) (1) THE FUND IS A SPECIAL , NONLAPSING FUND THAT IS NOT 23 | |
| 553 | + | SUBJECT TO § 7–302 OF THE STATE FINANCE AND PROCUREMENT ARTICLE. 24 | |
| 518 | 554 | ||
| 555 | + | (2) THE STATE TREASURER SHALL HOLD THE FUND SEPARATELY , 25 | |
| 556 | + | AND THE COMPTROLLER SHALL ACC OUNT FOR THE FUND. 26 | |
| 519 | 557 | ||
| 520 | - | (25) DO ALL THINGS NECESS ARY OR CONVENIENT TO CARRY OUT THE 1 | |
| 521 | - | POWERS EXPRESSLY GRA NTED BY THIS SUBTITL E. 2 | |
| 558 | + | (F) THE FUND CONSISTS OF : 27 | |
| 522 | 559 | ||
| 523 | - | ||
| 560 | + | (1) MONEY APPROPRIATED I N THE STATE BUDGET TO THE FUND; 28 | |
| 524 | 561 | ||
| 525 | - | (A) THE AUTHORITY SHALL ESTAB LISH A SYSTEM OF FIN ANCIAL 4 | |
| 526 | - | ACCOUNTING , CONTROLS, AUDITS, AND REPORTS . 5 | |
| 527 | - | ||
| 528 | - | (B) THE FISCAL YEAR OF TH E AUTHORITY BEGINS ON JULY 1 AND ENDS ON 6 | |
| 529 | - | THE FOLLOWING JUNE 30. 7 | |
| 530 | - | ||
| 531 | - | 12–712. 8 | |
| 532 | - | ||
| 533 | - | (A) THE AUTHORITY MAY CREATE AND ADMINISTER THE A CCOUNTS THAT 9 | |
| 534 | - | IT REQUIRES. 10 | |
| 535 | - | ||
| 536 | - | (B) THE AUTHORITY SHALL DEPOS IT ITS MONEY INTO A BALTIMORE CITY 11 | |
| 537 | - | OR NATIONAL BANK OR A FEDERALLY INSURED SAVINGS AND LOAN ASS OCIATION 12 | |
| 538 | - | THAT HAS A TOTAL PAI D–IN CAPITAL OF AT LEA ST $1,000,000. 13 | |
| 539 | - | ||
| 540 | - | (C) THE AUTHORITY MAY DESIGNA TE THE TRUST DEPARTM ENT OF A 14 | |
| 541 | - | BALTIMORE CITY OR NATIONAL BANK OR SAVINGS AND LOAN ASSOCIATION AS A 15 | |
| 542 | - | DEPOSITORY TO RECEIV E SECURITIES THAT TH E AUTHORITY OWNS OR ACQ UIRES. 16 | |
| 543 | - | ||
| 544 | - | 12–713. 17 | |
| 545 | - | ||
| 546 | - | (A) EXCEPT AS PROVIDED IN SUBSECTION (B) OF THIS SE CTION, THE 18 | |
| 547 | - | AUTHORITY IS EXEMPT F ROM TAXATION OR ASSE SSMENTS ON ANY PART OF A 19 | |
| 548 | - | DEVELOPMENT OR PROJE CT, THE AUTHORITY’S ACTIVITIES IN OPER ATING AND 20 | |
| 549 | - | MAINTAINING A DEVELO PMENT OR PROJECT , AND REVENUES FROM A 21 | |
| 550 | - | DEVELOPMENT OR PROJE CT. 22 | |
| 551 | - | ||
| 552 | - | (B) ANY PROPERTY THAT IS SOLD OR LEASED BY THE AUTHORITY TO A 23 | |
| 553 | - | PRIVATE ENTITY IS SU BJECT TO BALTIMORE CITY AND LOCAL REAL P ROPERTY 24 | |
| 554 | - | TAXES FROM THE TIME OF SALE OR LEASE . 25 | |
| 555 | - | ||
| 556 | - | (C) THE AUTHORITY IS EXEMPT F ROM STATE AND LOCAL TRANS FER AND 26 | |
| 557 | - | RECORDATION TAX . 27 | |
| 558 | - | ||
| 559 | - | 12–714. 28 | |
| 560 | - | ||
| 561 | - | (A) IN THIS SECTION , “FUND” MEANS THE WEST NORTH AVENUE 29 | |
| 562 | - | DEVELOPMENT AUTHORITY FUND. 30 | |
| 562 | + | (2) INTEREST EARNINGS ; AND 29 | |
| 563 | 563 | SENATE BILL 4 13 | |
| 564 | 564 | ||
| 565 | 565 | ||
| 566 | - | (B) THERE IS A WEST NORTH AVENUE DEVELOPMENT AUTHORITY FUND. 1 | |
| 566 | + | (3) ANY OTHER MONEY FROM ANY OTHER SOURCE ACC EPTED FOR 1 | |
| 567 | + | THE BENEFIT OF THE FUND. 2 | |
| 567 | 568 | ||
| 568 | - | (C) THE PURPOSE OF THE FUND IS TO PROVIDE FU NDS FOR THE 2 | |
| 569 | - | AUTHORITY TO USE FOR CONSULTING FEES , SALARIES, AND ADMINISTRATIVE 3 | |
| 570 | - | EXPENSES. 4 | |
| 569 | + | (G) THE FUND MAY BE USED ONLY FOR ADMINISTRATIVE P URPOSES AND T O 3 | |
| 570 | + | CARRY OUT THE FUNCTI ONS OF THIS SUBTITLE . 4 | |
| 571 | 571 | ||
| 572 | - | (D) THE AUTHORITY SHALL ADMIN ISTER THE FUND. 5 | |
| 572 | + | (H) THE STATE TREASURER SHALL INVES T THE MONEY OF THE FUND IN 5 | |
| 573 | + | THE SAME MANNER AS O THER STATE MONEY MAY BE IN VESTED. 6 | |
| 573 | 574 | ||
| 574 | - | ( | |
| 575 | - | ||
| 575 | + | (I) EXPENDITURES FROM THE FUND MAY BE MADE ONLY IN ACCORDANCE 7 | |
| 576 | + | WITH THE STATE BUDGET . 8 | |
| 576 | 577 | ||
| 577 | - | (2) THE STATE TREASURER SHALL HOLD THE FUND SEPARATELY , 8 | |
| 578 | - | AND THE COMPTROLLER SHALL ACC OUNT FOR THE FUND. 9 | |
| 578 | + | Article – State Finance and Procurement 9 | |
| 579 | 579 | ||
| 580 | - | ||
| 580 | + | 6–226. 10 | |
| 581 | 581 | ||
| 582 | - | (1) MONEY APPROPRIATED I N THE STATE BUDGET TO THE FUND; 11 | |
| 582 | + | (a) (2) (i) 1. This subparagraph does not apply in fiscal years 2024 11 | |
| 583 | + | through 2028. 12 | |
| 583 | 584 | ||
| 584 | - | (2) INTEREST EARNINGS; AND 12 | |
| 585 | + | 2. Notwithstanding any other provision of law, and unless 13 | |
| 586 | + | inconsistent with a federal law, grant agreement, or other federal requirement or with the 14 | |
| 587 | + | terms of a gift or settlement agreement, net interest on all State money allocated by the 15 | |
| 588 | + | State Treasurer under this section to special funds or accounts, and otherwise entitled to 16 | |
| 589 | + | receive interest earnings, as accounted for by the Comptroller, shall accrue to the General 17 | |
| 590 | + | Fund of the State. 18 | |
| 585 | 591 | ||
| 586 | - | ( | |
| 587 | - | ||
| 592 | + | (ii) The provisions of subparagraph (i) of this paragraph do not apply 19 | |
| 593 | + | to the following funds: 20 | |
| 588 | 594 | ||
| 589 | - | | |
| 590 | - | ||
| 595 | + | 204. the Victims of Domestic Violence Program Grant Fund; 21 | |
| 596 | + | [and] 22 | |
| 591 | 597 | ||
| 592 | - | (H) THE STATE TREASURER SHALL INVES T THE MONEY OF THE FUND IN 17 | |
| 593 | - | THE SAME MANNER AS O THER STATE MONEY MAY BE IN VESTED. 18 | |
| 598 | + | 205. the Proposed Programs Collaborative Grant Fund; AND 23 | |
| 594 | 599 | ||
| 595 | - | | |
| 596 | - | ||
| 600 | + | 206. THE WEST NORTH AVENUE DEVELOPMENT 24 | |
| 601 | + | AUTHORITY FUND. 25 | |
| 597 | 602 | ||
| 598 | - | ||
| 603 | + | Chapter 80 of the Acts of 2021 26 | |
| 599 | 604 | ||
| 600 | - | 6–226. 22 | |
| 605 | + | SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect 27 | |
| 606 | + | October 1, 2021. [It shall remain effective for a period of 5 years and, at the end of 28 | |
| 607 | + | September 30, 2026, this Act, with no further action required by the General Assembly, 29 | |
| 608 | + | shall be abrogated and of no further force and effect.] 30 | |
| 601 | 609 | ||
| 602 | - | (a) (2) (i) 1. This subparagraph does not apply in fiscal years 2024 23 | |
| 603 | - | through 2028. 24 | |
| 604 | - | ||
| 605 | - | 2. Notwithstanding any other provision of law, and unless 25 | |
| 606 | - | inconsistent with a federal law, grant agreement, or other federal requirement or with the 26 | |
| 607 | - | terms of a gift or settlement agreement, net interest on all State money allocated by the 27 | |
| 608 | - | State Treasurer under this section to special funds or accounts, and otherwise entitled to 28 | |
| 609 | - | receive interest earnings, as accounted for by the Comptroller, shall accrue to the General 29 | |
| 610 | - | Fund of the State. 30 14 SENATE BILL 4 | |
| 610 | + | Chapter 81 of the Acts of 2021 31 | |
| 611 | + | 14 SENATE BILL 4 | |
| 611 | 612 | ||
| 612 | 613 | ||
| 614 | + | SECTION 2. AND BE IT FURTHER ENACTED, That th is Act shall take effect 1 | |
| 615 | + | October 1, 2021. [It shall remain effective for a period of 5 years and, at the end of 2 | |
| 616 | + | September 30, 2026, this Act, with no further action required by the General Assembly, 3 | |
| 617 | + | shall be abrogated and of no further force and effect.] 4 | |
| 613 | 618 | ||
| 614 | - | (ii) The provisions of subparagraph (i) of this paragraph do not apply 1 | |
| 615 | - | to the following funds: 2 | |
| 616 | - | ||
| 617 | - | 204. the Victims of Domestic Violence Program Grant Fund; 3 | |
| 618 | - | [and] 4 | |
| 619 | - | ||
| 620 | - | 205. the Proposed Programs Collaborative Grant Fund; AND 5 | |
| 621 | - | ||
| 622 | - | 206. THE WEST NORTH AVENUE DEVELOPMENT 6 | |
| 623 | - | AUTHORITY FUND. 7 | |
| 624 | - | ||
| 625 | - | Chapter 80 of the Acts of 2021 8 | |
| 626 | - | ||
| 627 | - | SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect 9 | |
| 628 | - | October 1, 2021. [It shall remain effective for a period of 5 8 years and, at the end of 10 | |
| 629 | - | September 30, 2026 2029, this Act, with no further action required by the General 11 | |
| 630 | - | Assembly, shall be abrogated and of no further force and effect.] 12 | |
| 631 | - | ||
| 632 | - | Chapter 81 of the Acts of 2021 13 | |
| 633 | - | ||
| 634 | - | SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect 14 | |
| 635 | - | October 1, 2021. [It shall remain effective for a period of 5 8 years and, at the end of 15 | |
| 636 | - | September 30, 2026 2029, this Act, with no further action required by the General 16 | |
| 637 | - | Assembly, shall be abrogated and of no further force and effect.] 17 | |
| 638 | - | ||
| 639 | - | Chapter 136 of the Acts of 2023 18 | |
| 640 | - | ||
| 641 | - | SECTION 3. AND BE IT FURTHER ENACTED, That this Act is an emergency 19 | |
| 642 | - | measure, is necessary for the immediate preservation of the public health or safety, has been 20 | |
| 643 | - | passed by a yea and nay vote supported by three–fifths of all the members elected to each of 21 | |
| 644 | - | the two Houses of the General Assembly, and shall take effect from the date it is enacted. 22 | |
| 645 | - | Section 1 of this Act shall remain effective until the taking effect of the termination provision 23 | |
| 646 | - | specified in Section 2 of Chapters 80 and 81 of the Acts of the General Assembly of 2021. If 24 | |
| 647 | - | that termination provision takes effect, Section 1 of this Act, with no further action required 25 | |
| 648 | - | by the General Assembly, shall be abrogated and of no further force and effect. This Act may 26 | |
| 649 | - | not be interpreted to have any effect on that termination provision. Section 2 of this Act shall 27 | |
| 650 | - | remain effective through September 30, [2026] 2029, and, at the end of September 30, 28 | |
| 651 | - | [2026] 2029, Section 2 of this Act, with no further action required by the General Assembly, 29 | |
| 652 | - | shall be abrogated and of no further force and effect. 30 | |
| 653 | - | ||
| 654 | - | SECTION 4. AND BE IT FURTHER ENACTED, That, on or before January 1, 2027, 31 | |
| 655 | - | the West North Avenue Development Authority shall report to the General Assembly, in 32 | |
| 656 | - | accordance with § 2–1257 of the State Government Article, on the progress of the Authority 33 | |
| 657 | - | toward becoming self–sustaining in accordance with § 12–703 of the Economic Development 34 | |
| 658 | - | Article, as enacted by Section 3 of this Act. 35 SENATE BILL 4 15 | |
| 619 | + | SECTION 4. AND IT BE FURTHER ENACTED, That this Act is an emergency 5 | |
| 620 | + | measure, is necessary for the immediate preservation of the public health or safety, has 6 | |
| 621 | + | been passed by a yea and nay vote supported by three–fifths of all the members elected to 7 | |
| 622 | + | each of the two Houses of the General Assembly, and shall take effect from the date it is 8 | |
| 623 | + | enacted. 9 | |
| 659 | 624 | ||
| 660 | 625 | ||
| 661 | - | ||
| 662 | - | SECTION 4. 5. AND IT BE FURTHER ENACTED, That this Act is an emergency 1 | |
| 663 | - | measure, is necessary for the immediate preservation of the public health or safety, has 2 | |
| 664 | - | been passed by a yea and nay vote supported by three–fifths of all the members elected to 3 | |
| 665 | - | each of the two Houses of the General Assembly, and shall take effect from the date it is 4 | |
| 666 | - | enacted. This Act shall remain effective until the taking effect of the termination provision 5 | |
| 667 | - | specified in Section 2 of Chapters 80 and 81 of the Acts of the General Assembly of 2021. If 6 | |
| 668 | - | that termination provision takes effect, this Act, with no further action required by the 7 | |
| 669 | - | General Assembly, shall be abrogated and of no further force and effect. This Act may not be 8 | |
| 670 | - | interpreted to have any effect on that termination provision. 9 | |
| 671 | 626 | ||
| 672 | 627 | ||
| 673 | 628 | ||
| 674 | 629 | Approved: | |
| 675 | 630 | ________________________________________________________________________________ | |
| 676 | 631 | Governor. | |
| 677 | 632 | ________________________________________________________________________________ | |
| 678 | 633 | President of the Senate. | |
| 679 | 634 | ________________________________________________________________________________ | |
| 680 | 635 | Speaker of the House of Delegates. |