§ 9-1E-16. Small, Minority-Owned, and Women-Owned Business Sports Wagering Assistance Fund
West's Annotated Code of MarylandState GovernmentEffective: May 18, 2021
Effective: May 18, 2021
MD Code, State Government, § 9-1E-16
§ 9-1E-16. Small, Minority-Owned, and Women-Owned Business Sports Wagering Assistance Fund
(a) In this section, “Fund” means the Small, Minority-Owned, and Women-Owned Business Sports Wagering Assistance Fund.
(b) There is a Small, Minority-Owned, and Women-Owned Business Sports Wagering Assistance Fund.
(c) The purpose of the Fund is to assist small, minority-owned, and women-owned businesses entering the sports wagering market.
(e)(1) The Fund is a special, nonlapsing fund that is not subject to § 7-302 of the State Finance and Procurement Article.
(f) The Fund consists of:
(g) The Fund may be used only for grants or loans to small, minority-owned, or women-owned businesses for:
(h)(1) The State Treasurer shall invest the money of the Fund in the same manner as other State money may be invested.
Credits
Added by Acts 2021, c. 356, § 2, eff. May 18, 2021.
MD Code, State Government, § 9-1E-16, MD STATE GOVT § 9-1E-16
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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