Md. Code, State Finance and Procurement § 14-1005
This is the official text of Md. Code, State Finance and Procurement § 14-1005, part of Maryland’s Code, State Finance and Procurement — governs the state budget and government contracting.
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§14–1005.
Official statutory text
§14–1005. IN EFFECT
// EFFECTIVE UNTIL JUNE 30, 2030 PER CHAPTERS 736 AND 737 OF 2025 //
(a) A contractor that is awarded a contract for a covered procurement shall provide to a unit, as a condition of receiving the contract, written verification of the IRS determination letter for the contractor’s employee stock ownership plan.
(b) The written verification required under subsection (a) of this section shall be provided by a contractor to the unit responsible for the project with the submission of a proposal.
// EFFECTIVE UNTIL JUNE 30, 2030 PER CHAPTERS 736 AND 737 OF 2025 //
(a) A contractor that is awarded a contract for a covered procurement shall provide to a unit, as a condition of receiving the contract, written verification of the IRS determination letter for the contractor’s employee stock ownership plan.
(b) The written verification required under subsection (a) of this section shall be provided by a contractor to the unit responsible for the project with the submission of a proposal.
Status: in_force · Read it on the official government site
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