§ 2-301. General consideration.

MD House & Comm Dev Code § 2-301 (2019) (N/A)
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On or before December 1, 2019, and each December 1 thereafter, the Department shall submit a report to the Governor and, in accordance with § 2–1257 of the State Government Article, to the General Assembly on:

(1)    with respect to financial assistance provided under Title 4, Subtitle 2 of this article:

(i)    the number of projects that qualified as business projects under § 4–223 of this article;

(ii)    the location of each business project, including whether the business project is located:

1.    in an area designated as a priority funding area under § 5–7B–02 of the State Finance and Procurement Article; or

2.    only in a qualified opportunity zone designated under § 1400Z–1 of the Internal Revenue Code; and

(iii)    the amount of grants or loans provided for the development of each business project;

(2)    with respect to the Strategic Demolition and Smart Growth Impact Fund established under § 4–508 of this article:

(i)    the number and amount of grants and loans provided to government agencies and community development organizations during the immediately preceding fiscal year; and

(ii)    the location of each revitalization project for which a grant or loan was provided, including whether the revitalization project is located:

1.    in an area designated as a Sustainable Community; or

2.    only in a qualified opportunity zone designated under § 1400Z–1 of the Internal Revenue Code;

(3)    with respect to the Community Legacy Program established under Title 6, Subtitle 2 of this article:

(i)    the location of each community legacy project, including whether the community legacy project is located:

1.    in a sustainable community; or

2.    only in an eligible opportunity zone; and

(ii)    the amount of financial assistance provided for each community legacy project; and

(4)    with respect to the Business Development Program established under Title 6, Subtitle 3 of this article:

(i)    the names of approved entities awarded financial assistance under that program;

(ii)    the location of the approved entity’s operation, including whether the approved entity’s operation is located:

1.    in a priority funding area; or

2.    only in an eligible opportunity zone; and

(iii)    the amount of each financial assistance award.

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