{"data":{"id":"us-md/md.-code-state-finance-and-procurement-14-203","jurisdiction":"us-md","citation":"Md. Code, State Finance and Procurement § 14–203","heading":"","body":"(a) By regulation, the Special Secretary for the Office of Small, Minority, and Women Business Affairs shall specify the criteria that a business must meet to qualify as a small business.\n(b) (1) The criteria for qualification as a small business may vary among industries to reflect their particular characteristics.\n(2) Regulations adopted under this section shall include, for each class of business, the maximum number of employees a business may have to qualify as a small business.\n(c) The regulations adopted under subsection (a) of this section shall require the qualification of a business as a small business for the exclusive purpose of pursuing out–of–state contracts, if the business has:\n(1) 250 or fewer employees; or\n(2) average annual gross receipts of $10,000,000 or less averaged over its most recently completed 3 fiscal years.","path":["Article - State Finance and Procurement"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gsf\u0026section=14-203","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T20:00:48Z","sha256":"f5319b398df1fb5124e5b2032bd297bf0049f598cc822f87c1475ead90a6ea34","source_id":"us-md","stale":false,"prev":"us-md/md.-code-state-finance-and-procurement-14-202","next":"us-md/md.-code-state-finance-and-procurement-14-204"},"notice":"GroundRules: Original legal text. Not legal advice."}