Current with changes from the 2024 Legislative Session
(a) Beginning June 1, 2023, the Authority may not issue bonds.(b) Subsection (a) of this section does not impair the Authority's powers and authority regarding: (1) Any bonds that, as of June 1, 2023, are outstanding and unpaid; or(2) Any contracts that, as of June 1, 2023, rely on the Authority's bonding authority.Added by 2023 Md. Laws, Ch. 68, Sec. 1, eff. 6/1/2023.