Section 18-3102 - Prerequisites to establishing Authority(a) Before Montgomery County may establish the Montgomery County Student Loan Refinancing Authority, the county shall: (1) Study aspects of implementing the Authority in accordance with State and county law, including: (i) Performing a feasibility and demand study;(ii) Assessing the potential benefit to recruitment and retention of county and school system employees; and(iii) Studying the operation of similar programs in other systems, including operating costs;(2) Hold public hearings; and(3) Provide an opportunity for public comment.(b) If Montgomery County decides to establish the Authority as authorized in § 18-3101 of this subtitle, the county's governing body must pass an ordinance that creates the Authority in accordance with this subtitle.Added by 2016 Md. Laws, Ch. 296, Sec. 1, eff. 7/1/2016.