(a) In this subtitle the following words have the meanings indicated. (b) "Administration" means the Maryland Energy Administration. (c) "Advisory Committee" means the Maryland Offshore Wind Business Development Advisory Committee established under § 9-20C-02 of this subtitle. (d) "Director" means the Director of the Maryland Energy Administration. (e) "Emerging business" means a business that is at least 51% owned and controlled by an individual or individuals who are certified to have a personal net worth, as defined in § 14-301 of the State Finance and Procurement Article, that does not exceed $6,500,000 as adjusted each year for inflation according to the Consumer Price Index. (f) "Fund" means the Maryland Offshore Wind Business Development Fund established under § 9-20C-03 of this subtitle. (g) "Minority" means an individual who is a member of any of the groups listed in § 14-301(k)(1)(i) of the State Finance and Procurement Article.
‹ Prev All Maryland sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.