{"data":{"id":"us-md/md.-code-housing-and-community-development-6-401","jurisdiction":"us-md","citation":"Md. Code, Housing and Community Development § 6–401","heading":"","body":"(a) In this subtitle the following words have the meanings indicated.\n(b) “Approved project” means a project that the Department approves under § 6–405 of this subtitle.\n(c) “Business entity” means a person that conducts a trade or business in the State and is subject to:\n(1) the State income tax on individuals or corporations;\n(2) the public service company franchise tax; or\n(3) the insurance premiums tax.\n(d) “Individual” means an individual as defined under § 10–101 of the Tax – General Article.\n(e) “Nonprofit organization” means a nonprofit corporation, foundation, or other legal entity that is exempt from federal income tax under § 501(c)(3) of the Internal Revenue Code.\n(f) “Priority funding area” means a priority funding area under § 5–7B–02 of the State Finance and Procurement Article.\n(g) “Redevelopment assistance” means the money that nonprofit organizations spend for labor and materials used directly in the physical improvement of part or all of a priority funding area.","path":["Article - Housing and Community Development"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=ghs\u0026section=6-401","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:59:07Z","sha256":"43eaa7a988f87a4e1453effddf888a2040507c4ece33b6ce5d695ac8d7357f56","source_id":"us-md","stale":false,"prev":"us-md/md.-code-housing-and-community-development-6-311","next":"us-md/md.-code-housing-and-community-development-6-402"},"notice":"GroundRules: Original legal text. Not legal advice."}