Current with changes from the 2024 Legislative Session
Section 19-1002 - Authority to expend net proceeds of the sale of an issue of notesA county may expend the net proceeds of the sale of an issue of notes only to:
(1) make grants and loans in accordance with § 9-1605.2(h)(2)(i) of the Environment Article;(2) make grants and loans to cover engineering costs and non-best-available-technology components, including drainfields, needed for the repair of existing on-site sewage disposal systems or the installation of new on-site sewage disposal systems that use the best available technology for nitrogen removal; or(3) refund one or more issues of notes.Added by 2021 Md. Laws, Ch. 278,Sec. 1, eff. 7/1/2021.Added by 2021 Md. Laws, Ch. 277,Sec. 1, eff. 7/1/2021.