§ 9-349. Aid to industrial users
West's Annotated Code of MarylandEnvironmentEffective: April 5, 2018
Effective: April 5, 2018
MD Code, Environment, § 9-349
§ 9-349. Aid to industrial users
(a)(1) Loans or loan guarantees may be awarded to industrial users for projects that provide for pretreatment of pollutants that are discharged directly or indirectly into publicly owned treatment works or into any conveyance leading to a publicly owned treatment plant.
(2) The Secretary and the Secretary of Commerce shall jointly administer the program established under this section with the Secretary of Commerce being primarily responsible for the assessment of the financial capability of an applicant and appropriateness of the terms and conditions of any loan assistance.
(b) Loan assistance may be awarded to a person under this section if:
(c) For any loan assistance exceeding $2,500, the Secretary of Commerce shall require the granting to the State of an appropriate security interest in any equipment, structures, or similar items purchased with State money.
Credits
Added by Acts 1984, c. 795. Amended by Acts 1987, c. 306, § 16; Acts 1987, c. 311, § 1; Acts 1988, c. 6, § 11; Acts 1995, c. 120, § 19, eff. July 1, 1995; Acts 2006, c. 44, § 6, eff. April 8, 2006; Acts 2016, c. 8, §§ 1, 5, eff. March 14, 2016; Acts 2017, c. 62, § 1, eff. April 11, 2017; Acts 2018, c. 12, § 1, eff. April 5, 2018.
MD Code, Environment, § 9-349, MD ENVIR § 9-349
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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