(a) (1) Except as provided in paragraph (2) of this subsection, the Board of Public Works may not approve a public-private partnership agreement until: (i) a copy of the proposed agreement is submitted simultaneously to the Comptroller, the State Treasurer, the budget committees, and the Department of Legislative Services, in accordance with § 2-1257 of the State Government Article; (ii) the State Treasurer, in coordination with the Comptroller, analyzes the impact on the State's capital debt affordability limits of the proposed public-private partnership agreement; (iii) the State Treasurer submits the analysis to the budget committees and the Department of Legislative Services, in accordance with § 2-1257 of the State Government Article; and (iv) the budget committees have reviewed and commented on the agreement in accordance with paragraph (3) of this subsection. (2) The Board of Public Works may not approve a public-private partnership agreement for a transportation facilities project, as defined in § 4-101(h) of the Transportation Article, until the proposed agreement is submitted to the budget committees and the Department of Legislative Services, in accordance with § 2-1257 of the State Government Article. (3) (i) The period for review, analysis, and comment under paragraphs (1) and (2) of this subsection may not exceed a total of 30 days from the date the proposed public-private partnership agreement is submitted simultaneously to the State Treasurer, the Comptroller, the budget committees, and the Department of Legislative Services. (ii) The budget committees may facilitate a faster review and comment period by sending a letter to the Board of Public Works supporting a proposed public-private partnership agreement in advance of the expiration of the 30-day review period. (b) (1) The proposed public-private partnership agreement made available to the public shall: (i) after consultation with the private entity, withhold information deemed confidential, proprietary, or otherwise exempt from disclosure under applicable law, including in accordance with § 4-335 of the General Provisions Article, relating to: 1. confidential commercial information; 2. confidential financial information; and 3. trade secrets; and (ii) be posted online by the reporting agency during the 30-day review period in accordance with paragraph (2) of this subsection. (2) The online location of the proposed public-private partnership agreement shall be: (i) on the website of the reporting agency; or (ii) on the website of the specific project if one has been established.
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