§ 10-308. Leases of State-owned property to business entities

MD State Fin & Pro Code § 10-308 (2019) (N/A)
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(a)    In this section, “minority business enterprise” has the meaning stated in Title 14, Subtitle 3 of this article.

(b)    Each unit of the State government that leases State-owned property to business entities shall adopt regulations that establish procedures for awarding the leases. The procedures shall be structured to try to achieve participation by minority business enterprises in:

(1)    10% of the total dollar amount of the leases; and

(2)    10% of the total number of leases.