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§ 7-1201. Definitions

West's Annotated Code of MarylandTransportationEffective: July 1, 2023

West's Annotated Code of Maryland
Transportation
Title 7. Mass Transit (Refs & Annos)
Subtitle 12. Transit-Oriented Development Capital Grant and Revolving Loan Fund (Refs & Annos)
Effective: July 1, 2023
MD Code, Transportation, § 7-1201
§ 7-1201. Definitions
Currentness
In general
(a) In this subtitle the following words have the meanings indicated.
Financial assistance
(b) “Financial assistance” means a grant or loan from the Fund.
Fund
(c) “Fund” means the Transit-Oriented Development Capital Grant and Revolving Loan Fund.
Gap funding
(d) “Gap funding” means funding provided to compensate for a shortfall between the expected development costs of a project and the available funds for the project.
Local jurisdiction
(e) “Local jurisdiction” means a county or a municipal corporation.
Municipal corporation
(f) “Municipal corporation” means a municipality as defined in § 1-101 of the Local Government Article.

Credits

Added by Acts 2023, c. 512, § 1, eff. July 1, 2023.
MD Code, Transportation, § 7-1201, MD TRANS § 7-1201
Current through legislation effective through May 9, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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