Md. Code, Economic Development § 4-606
This is the official text of Md. Code, Economic Development § 4-606, part of Maryland’s Code, Economic Development — governs the state's economic development programs.
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§4–606.
Official statutory text
(a) Before a grant is awarded to a local government under this subtitle, the local government shall provide and spend a matching fund.
(b) A matching fund of a local government may not consist of:
(1) money provided, directly or indirectly, from appropriated or unappropriated State money;
(2) real property;
(3) in kind contributions; or
(4) money spent before June 1, 2005.
(b) A matching fund of a local government may not consist of:
(1) money provided, directly or indirectly, from appropriated or unappropriated State money;
(2) real property;
(3) in kind contributions; or
(4) money spent before June 1, 2005.
Status: in_force · Read it on the official government site
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