Md. Code, Economic Development § 12-703
This is the official text of Md. Code, Economic Development § 12-703, part of Maryland’s Code, Economic Development — governs the state's economic development programs.
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§12–703.
Official statutory text
§12–703. IN EFFECT
// EFFECTIVE UNTIL SEPTEMBER 30, 2029 PER CHAPTERS 215 AND 216 OF 2025 //
(a) There is a West North Avenue Development Authority in Baltimore City.
(b) The Authority is a body politic and corporate and is an instrumentality of the State.
(c) The exercise by the Authority of a power under this subtitle is the performance of an essential governmental function.
(d) The Governor may include each year in the State budget bill an appropriation to the Authority in Baltimore City.
(e) Beginning fiscal year 2028, the Authority shall be self–sustaining.
// EFFECTIVE UNTIL SEPTEMBER 30, 2029 PER CHAPTERS 215 AND 216 OF 2025 //
(a) There is a West North Avenue Development Authority in Baltimore City.
(b) The Authority is a body politic and corporate and is an instrumentality of the State.
(c) The exercise by the Authority of a power under this subtitle is the performance of an essential governmental function.
(d) The Governor may include each year in the State budget bill an appropriation to the Authority in Baltimore City.
(e) Beginning fiscal year 2028, the Authority shall be self–sustaining.
Status: in_force · Read it on the official government site
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