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Code · Maryland · Economic Development

§ 5-446

145 words·~1 min read·/md/economic-development/5-446

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§5–446.
(a)In awarding financial assistance under this subtitle for an energy project, the Authority shall consider whether the energy project would:
(1)reduce the consumption of petroleum and other energy sources;
(2)increase the energy supply available in the State;
(3)increase employment and economic activity in the State;
(4)use sound technology and be economically feasible;
(5)minimize harm to the environment; and
(6)make the most use of federal financial assistance programs for energy projects.
(b)The Authority shall:
(1)promote programs of financial assistance for energy projects established under this subtitle;
(2)inform consumers, the private sector, and financial institutions about these programs and actively seek their participation;
(3)develop and disseminate descriptions of its programs of financial assistance for energy projects; and
(4)serve as a clearinghouse for information on federal and State programs of financial assistance for energy projects.
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