Md. Code Regs. 24.05.02.05

Current through Register Vol. 51, No. 24, December 2, 2024

Section 24.05.02.05 - Application and Processing Procedures

A. Grant Application.

(1) Grant applications shall be made on standard forms prescribed by the Department.

(2) Each application shall include:

(a) The information required by Economic Development Article, § 4-403(c), Annotated Code of Maryland; and

(b) Any other information the Secretary requires related to the film production activity and the employer seeking the rebate.

B. Processing Procedures.

(1) Application Review. The Department shall review each application to determine whether an applicant will be awarded a grant from the Fund and the amount of that grant. In making the determination whether to award a grant or the amount of a grant to be awarded, the Secretary may consider any of the following factors:

(a) Whether the applicant is a qualified film production employer and the proposed project is a film production activity;

(b) The economic impact of the film production activity on the State;

(c) The financial resources of the qualified film production employer;

(d) The amount of wages to be paid to employees of the qualified film production employer; and

(e) The expected value to the State resulting from the film production activity.

(2) Grant Agreement.

(a) The Department shall prepare and provide the applicant with a copy of a grant agreement which shall contain the provisions the Department determines are necessary to reflect the terms of the grant.

(b) In addition to any other requirements of the Department, the grant agreement shall require that any version of the film production activity which is distributed for viewing by the public shall contain a screen acknowledgement in form and content acceptable to the Department.

Md. Code Regs. 24.05.02.05