§ 5-1702. Statement of environmental, fiscal, and economic impact
West's Annotated Code of MarylandNatural ResourcesEffective: October 1, 2021
Effective: October 1, 2021
MD Code, Natural Resources, § 5-1702
§ 5-1702. Statement of environmental, fiscal, and economic impact
(a) Before the Board of Public Works may solicit bids for or award any lease for production of oil or natural gas from beneath lands or waters of the State, and after receiving the written recommendation of the Critical Area Commission for the Chesapeake and Atlantic Coastal Bays (if the leased area is located in the State's critical areas) and the advisory comments of the Secretaries of Budget and Management, Natural Resources, the Environment, and Commerce and the Secretary of Planning, the Board of Public Works shall direct the Secretary of Natural Resources in consultation with the Secretaries of the Environment, Commerce, and Budget and Management and the Secretary of Planning to prepare a statement of environmental, fiscal, and economic impact of the proposed lease.
(b)(1) The statement of environmental, fiscal, and economic impact shall be prepared and filed within 6 months after the direction of the Board of Public Works. However, the Board of Public Works may extend this time limit for not more than an additional 12 months for good cause.
(c) The statement of environmental, fiscal, and economic impact shall include the following information:
Credits
Added as Natural Resources § 6-602 by Acts 1988, c. 778, § 1, eff. July 1, 1988. Amended by Acts 1989, c. 540, § 1. Renumbered as Natural Resources § 5-1702 by Acts 1995, c. 488, § 5, eff. July 1, 1995. Amended by Acts 1995, c. 120, § 19, eff. July 1, 1995; Acts 2003, c. 21, § 1, eff. April 8, 2003; Acts 2015, c. 22, § 5; Acts 2021, c. 109, § 5.
MD Code, Natural Resources, § 5-1702, MD NAT RES § 5-1702
Current through legislation effective through April 25, 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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