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Maryland · Through 2026-01-01

Md. Code, Economic Development § 5–331

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  1. Article - Economic Development

(a) During each fiscal year the Department may not grant more than $2,000,000 under this part.

(b) (1) Subject to paragraph (2) of this subsection, during each fiscal year a county may not receive more than $250,000 under this part.

(2) For purposes of the limitation under paragraph (1) of this subsection:

(i) any money received under this part by a municipal corporation or designated agency or instrumentality is deemed to be money granted to the county within which the municipal corporation, agency, or instrumentality is located; and

(ii) if more than one county administers or capitalizes a local economic development fund, each county may receive the maximum authorized for a county.

Collected 2026-09-14T19:57:28Z. Source file · JSON

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