{"data":{"id":"us-md/md.-code-economic-development-5-311","jurisdiction":"us-md","citation":"Md. Code, Economic Development § 5–311","heading":"","body":"The purposes of the Fund are to:\n(1) expand employment opportunities in the State by providing financial assistance to businesses that are engaged in eligible industry sectors, including financial assistance for:\n(i) aquaculture projects;\n(ii) arts and entertainment enterprises;\n(iii) arts and entertainment projects; and\n(iv) creation and expansion of child care facilities;\n(2) provide financial assistance for the redevelopment of qualified brownfields sites;\n(3) provide financial assistance to local governments and the Corporation for economic development projects; and\n(4) provide grants to local economic development funds.","path":["Article - Economic Development"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gec\u0026section=5-311","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:57:28Z","sha256":"de4012dd25be50a6978878f17293a49a7faba3afc3bccf8741900df2dfbc5384","source_id":"us-md","stale":false,"prev":"us-md/md.-code-economic-development-5-310","next":"us-md/md.-code-economic-development-5-312"},"notice":"GroundRules: Original legal text. Not legal advice."}