reglab/housing_qa huggingface dataset:
MD. Local Government Code Ann. §  19-236 (2021)
2021 Maryland Statutes|Local Government|Division IV - Local Finance|Title 19 - Public Debt|Subtitle 2 - Public Securities|Part VI - Interest Rate Exchange Agreements|Section 19-236 - Interest Rate Exchange Agreement or Contracts

    (a)    Notwithstanding any other law and in addition to any other authority, to improve the management of debt service or interest rate risks on its bonds or to reduce the cost of servicing its bonds, the governing body of a county may enact, by local law or resolution, authority for the county to:        (1)    enter into interest rate exchange agreements providing for payments based on levels of or changes in interest rates; and        (2)    appoint any agents necessary to implement and administer the agreements.    (b)    (1)    A county that proposes to enter into one or more interest rate exchange agreements shall enact a local law or resolution that authorizes the transaction on the terms and conditions established by the county in the local law or resolution.        (2)    (i)    In the local law or resolution that authorizes the transaction or in a separate resolution, the county may provide for the final form and the final terms and provisions of the agreement, after giving due consideration to the creditworthiness of the counterparty.            (ii)    The county may delegate to an officer, an official, a board, or an agency of the county specified in the local law or resolution the power to provide for the final form and the final terms and provisions of the agreement, after giving due consideration to the creditworthiness of the counterparty.    (c)    An interest rate exchange agreement may be entered into in connection with, or incidental to, any bonds of the county.
MD. Local Government Code Ann. §  19-601 (2021)
2021 Maryland Statutes|Local Government|Division IV - Local Finance|Title 19 - Public Debt|Subtitle 6 - Creation of Public Debt -- Public Schools|Part I - Public Schools -- in General|Section 19-601 - Definitions

    (a)    In this part the following words have the meanings indicated.    (b)    “Authorizing resolution” means an administrative resolution adopted by the legislative body of a county.    (c)    “County” includes a combination of two or more counties that have entered into an agreement under this part.    (d)    (1)    “Note” means an evidence of indebtedness of a county issued under this part.        (2)    “Note” includes:            (i)    a bond;            (ii)    commercial paper;            (iii)    a refunding bond;            (iv)    a refunding note; and            (v)    any other obligation.    (e)    “State share”, with reference to a particular county on a particular date, means the aggregate amount of the anticipated State share of the costs of public school construction and capital improvements under § 5–303 of the Education Article that:        (1)    has been approved by the Board of Public Works; and        (2)    has not been advanced to the county.
MD. Local Government Code Ann. §  19-602 (2021)
2021 Maryland Statutes|Local Government|Division IV - Local Finance|Title 19 - Public Debt|Subtitle 6 - Creation of Public Debt -- Public Schools|Part I - Public Schools -- in General|Section 19-602 - County Borrowing Authority

    (a)    (1)    A county may borrow money and incur indebtedness through the issuance and sale of notes in anticipation of the receipt of any of the county’s State share.        (2)    The amount borrowed may not exceed at any one time the county’s State share.        (3)    In calculating the maximum principal amount of notes that may be outstanding, the State share may not be reduced with respect to any outstanding notes except on receipt by the county of money advanced by the State with respect to the State share and payment of notes with the money.    (b)    A county may enter into an agreement with one or more counties to provide for the issuance and sale of consolidated notes in anticipation of the receipt of any of the aggregate State shares of the participating counties.
MD. Local Government Code Ann. §  19-603 (2021)
2021 Maryland Statutes|Local Government|Division IV - Local Finance|Title 19 - Public Debt|Subtitle 6 - Creation of Public Debt -- Public Schools|Part I - Public Schools -- in General|Section 19-603 - Authorized Use of Proceeds

    A county may expend the net proceeds of the sale of an issue of notes only to:        (1)    pay the costs of public school construction or capital improvements approved at any time by the Board of Public Works in anticipation of State money for any of the construction or improvements; or        (2)    refund one or more issues of notes.
MD. Local Government Code Ann. §  19-604 (2021)
2021 Maryland Statutes|Local Government|Division IV - Local Finance|Title 19 - Public Debt|Subtitle 6 - Creation of Public Debt -- Public Schools|Part I - Public Schools -- in General|Section 19-604 - Payment

    (a)    The principal of the notes may be paid from:        (1)    the proceeds of any of the State share for a county;        (2)    any other revenues that are pledged to the payment of the notes in the authorizing resolution; or        (3)    money made available to the county to finance the public school construction and capital improvements from:            (i)    the State or unit of the State;            (ii)    the federal government or a unit of the federal government; or            (iii)    any other source.    (b)    The interest on the notes may be paid from:        (1)    any revenues, other than the proceeds of the State share for a county, that are pledged to the payment of the notes in the authorizing resolution; or        (2)    money made available to the county to finance public school construction and capital improvements from:            (i)    the State or a unit of the State, except for the State share allocated under this part for public school construction and capital improvements;            (ii)    the federal government or a unit of the federal government; or            (iii)    any other source.    (c)    (1)    A county may pledge its full faith and credit and taxing power to the payment of the principal of and interest on the notes in the authorizing resolution.        (2)    A county that makes a pledge under paragraph (1) of this subsection shall, in each fiscal year that any of the notes are outstanding, impose ad valorem taxes on all assessable property in the county at a rate and amount sufficient to pay the principal of and interest on the notes maturing in that fiscal year.        (3)    If the proceeds from the taxes imposed in any fiscal year prove inadequate for the payment, the county shall impose additional taxes in the succeeding fiscal year to make up the deficiency.
MD. Local Government Code Ann. §  19-605 (2021)
2021 Maryland Statutes|Local Government|Division IV - Local Finance|Title 19 - Public Debt|Subtitle 6 - Creation of Public Debt -- Public Schools|Part I - Public Schools -- in General|Section 19-605 - Authorizing Resolution

    (a)    The notes shall be authorized by a resolution.    (b)    The authorizing resolution shall:        (1)    cite the authority to issue the notes and the amount authorized; and        (2)    specify:            (i)    the maturity;            (ii)    the interest rate or manner of determining the rate, which may include a variable rate;            (iii)    1.    the price at which the notes will be sold, which may be at, above, or below the face value of the notes; or                2.    the manner of determining the price at which the notes will be sold;            (iv)    the manner of the sale of the notes, which may be by private negotiation by the county with a prospective purchaser, if determined by the county to be in the county’s best interest;            (v)    the terms or conditions, if any, under which notes may or shall be redeemed prior to their stated maturity; and            (vi)    other terms on the notes.    (c)    The authorizing resolution may provide for:        (1)    the issuance of the notes in series, as money is required; and        (2)    the renewal of the notes at maturity, with or without resale.
MD. Local Government Code Ann. §  19-606 (2021)
2021 Maryland Statutes|Local Government|Division IV - Local Finance|Title 19 - Public Debt|Subtitle 6 - Creation of Public Debt -- Public Schools|Part I - Public Schools -- in General|Section 19-606 - Security

    (a)    If the authorizing resolution provides, notes may be secured by:        (1)    a trust indenture with a corporate trustee, which may be any trust company or bank having the powers of a trust company in or outside the State; and        (2)    a letter of credit, line of credit, or other credit or liquidity instrument from or with a bank or other lending institution.    (b)    A security provided by an authorizing resolution under this section may be secured by the same security given to holders of the notes for the performance by a county of the county’s monetary obligations under the notes.
MD. Local Government Code Ann. §  19-607 (2021)
2021 Maryland Statutes|Local Government|Division IV - Local Finance|Title 19 - Public Debt|Subtitle 6 - Creation of Public Debt -- Public Schools|Part I - Public Schools -- in General|Section 19-607 - Exemption From Specific Provisions

    A note is not subject to §§ 19–205 and 19–206 of this title.
MD. Local Government Code Ann. §  19-608 (2021)
2021 Maryland Statutes|Local Government|Division IV - Local Finance|Title 19 - Public Debt|Subtitle 6 - Creation of Public Debt -- Public Schools|Part I - Public Schools -- in General|Section 19-608 - Valid and Binding Obligations

    A note is a valid and binding obligation of the issuing county in accordance with the terms of the note even if an official whose signature appears on the note:        (1)    ceases to be an official before the delivery of the note; or        (2)    becomes an official after the date of issue of the note.
MD. Local Government Code Ann. §  19-609 (2021)
2021 Maryland Statutes|Local Government|Division IV - Local Finance|Title 19 - Public Debt|Subtitle 6 - Creation of Public Debt -- Public Schools|Part I - Public Schools -- in General|Section 19-609 - Tax Exemption

    The notes, the transfer of the notes, the interest payable on the notes, and any income derived from the notes, including profit realized in the sale or exchange of the notes, are exempt from State and local taxes.
MD. Local Government Code Ann. §  19-610 (2021)
2021 Maryland Statutes|Local Government|Division IV - Local Finance|Title 19 - Public Debt|Subtitle 6 - Creation of Public Debt -- Public Schools|Part I - Public Schools -- in General|Section 19-610 - Exemptions and Terms

    (a)    The authorizing resolution, and notes and agreements authorized under the authorizing resolution, are not subject to:        (1)    procedures required for legislative acts; or        (2)    referendum.    (b)    The authorizing resolution may include covenants regarding the payment of principal of and interest on the notes, notwithstanding any:        (1)    limitation in the county charter;        (2)    other public general law; or        (3)    public local law.    (c)    (1)    A county may adopt an authorizing resolution without complying with any procedures in:            (i)    the county charter;            (ii)    any public general law; or            (iii)    a public local law.        (2)    Public school construction and capital improvements financed by a county under this part are not a capital project of a county for purposes of any constitutional, charter, statutory, or other limitation.    (d)    Any notes or agreements issued or entered into under this part may not be subject to or included in any constitutional, charter, statutory, or other limitation for the issuance of indebtedness by a county.    (e)    The provisions of this part are self–executing.
MD. Local Government Code Ann. §  19-611 (2021)
2021 Maryland Statutes|Local Government|Division IV - Local Finance|Title 19 - Public Debt|Subtitle 6 - Creation of Public Debt -- Public Schools|Part I - Public Schools -- in General|Section 19-611 - Agreements Between Counties

    (a)    (1)    Except as provided in paragraph (2) of this subsection, an agreement entered under § 19–602(b) of this subtitle may include the provisions that the counties adopt in the authorizing resolution.        (2)    An agreement may not expire before the redemption or maturity of the notes issued under the agreement.    (b)    By agreement, two or more counties may establish a trust or similar arrangement authorized to sell notes on the same terms and in the same manner as counties may sell notes under this part and loan the proceeds of the notes to the counties.
MD. Local Government Code Ann. §  19-612 (2021)
2021 Maryland Statutes|Local Government|Division IV - Local Finance|Title 19 - Public Debt|Subtitle 6 - Creation of Public Debt -- Public Schools|Part I - Public Schools -- in General|Section 19-612 - Nature of Borrowing Authority

    The authority to borrow money and issue notes granted to counties by this part is:        (1)    supplemental to any other power granted to a county by any other law; and        (2)    not in derogation of any other existing power of a county to borrow money.
MD. Local Government Code Ann. §  19-615 (2021)
2021 Maryland Statutes|Local Government|Division IV - Local Finance|Title 19 - Public Debt|Subtitle 6 - Creation of Public Debt -- Public Schools|Part II - Charles County New School Capacity Construction Bonds|Section 19-615 - "New School Capacity Construction Bonds" Defined

    “New school capacity construction bonds” means 10–year bonds issued under this part.
MD. Local Government Code Ann. §  19-616 (2021)
2021 Maryland Statutes|Local Government|Division IV - Local Finance|Title 19 - Public Debt|Subtitle 6 - Creation of Public Debt -- Public Schools|Part II - Charles County New School Capacity Construction Bonds|Section 19-616 - Issuance of Bonds

    (a)    (1)    The County Commissioners of Charles County may issue new school capacity construction bonds at any time on the full faith and credit of the county to fund the costs incurred to construct new capacity for public elementary, middle, and high school facilities in the county, including:            (i)    costs for land acquisition, architectural and engineering design, infrastructure, new classrooms, equipment, interest on bond principal, and bond issuance; and            (ii)    an amount equal to the total square footage of new public elementary, middle, and high school facilities in the county multiplied by the State square foot construction allowance, less the State funding share.        (2)    The new school capacity construction bonds shall constitute securities:            (i)    in which all public officers, public bodies of the State and its political subdivisions, insurance companies, State banks and trust companies, national banking associations, savings banks, savings and loan associations, investment companies, executors, administrators, trustees, and other fiduciaries may properly and legally invest money, including capital in their control or belonging to them; and            (ii)    which may be properly and legally deposited with and received by any State or county officer, State unit, or political subdivision of the State for any purpose for which the deposit of bonds or obligations of the State may be authorized by law.    (b)    The County Commissioners of Charles County shall hold a public hearing and provide reasonable notice of the hearing before issuing new school capacity construction bonds.    (c)    The issuance and sale of new school capacity construction bonds under this part is exempt from § 19–205 and § 19–206 of this title.    (d)    The transfer of, interest on, and any income derived from new school capacity construction bonds are exempt from State and local taxes.
MD. Local Government Code Ann. §  20-101 (2021)
2021 Maryland Statutes|Local Government|Division IV - Local Finance|Title 20 - Taxes and Development Impact Fees|Subtitle 1 - Tax Procedures|Part I - General Provisions|Section 20-101 - Priority of Unpaid Taxes

    (a)    The proceeds of a sale of any property of a person liable for a tax shall be applied in the following order:        (1)    to the claim of any purchaser, holder of a security interest, or mechanics’ lienor, as those terms are defined in § 6323(h) of the Internal Revenue Code, or to the claim of a judgment creditor whose lien attached before a claim for unpaid tax, interest, and penalties;        (2)    to any claim described in § 6323(b), (c), or (d) of the Internal Revenue Code; and        (3)    to a claim for any unpaid tax, interest, and penalties.    (b)    (1)    A judicial officer who makes a sale of property shall determine from the tax collector whether the owner of the property owes any tax, interest, or penalties.        (2)    The judicial officer is personally liable and the bond of the officer is liable for any tax, interest, or penalties not paid to the tax collector in violation of this section.
MD. Local Government Code Ann. §  20-102 (2021)
2021 Maryland Statutes|Local Government|Division IV - Local Finance|Title 20 - Taxes and Development Impact Fees|Subtitle 1 - Tax Procedures|Part I - General Provisions|Section 20-102 - Oaths

    (a)    A requirement in this title that a document be under oath means that the document shall be supported by a signed statement made under the penalty of perjury that the contents of the document are true to the best of the knowledge, information, and belief of the individual making the statement.    (b)    The oath or affirmation shall be made:        (1)    before an individual authorized to administer oaths, who shall certify in writing to have administered the oath or taken the affirmation; or        (2)    by a signed statement that:            (i)    is in the document or attached to and made part of the document; and            (ii)    is expressly made under the penalty of perjury.    (c)    If the procedures provided in subsection (b)(2) of this section are used, the affidavit subjects the individual making it to the penalties for perjury to the same extent as an oath or affirmation made before an individual authorized to administer oaths.    (d)    A document made under oath shall be signed:        (1)    for a corporation, by an officer of the corporation authorized to do so;        (2)    for a sole proprietorship, by its owner; or        (3)    for a partnership, by a partner authorized to do so.
MD. Local Government Code Ann. §  20-103 (2021)
2021 Maryland Statutes|Local Government|Division IV - Local Finance|Title 20 - Taxes and Development Impact Fees|Subtitle 1 - Tax Procedures|Part I - General Provisions|Section 20-103 - Due Dates

    (a)    In this section, “legal holiday” means:        (1)    the day on which a legal holiday, as defined under § 1–111 of the General Provisions Article, is observed; or        (2)    a federal legal holiday.    (b)    Notwithstanding any other law, when the last day to pay a tax, file a tax return, or perform any other act that relates to taxes under this title falls on a Saturday, Sunday, or legal holiday, performance of the act is timely if the act is performed on the next succeeding day that is not a Saturday, Sunday, or legal holiday.    (c)    The last day to perform an act described under subsection (b) of this section is the last day of any authorized extension of time.
MD. Local Government Code Ann. §  20-104 (2021)
2021 Maryland Statutes|Local Government|Division IV - Local Finance|Title 20 - Taxes and Development Impact Fees|Subtitle 1 - Tax Procedures|Part I - General Provisions|Section 20-104 - Disclosure of Tax Information

    (a)    In this section, “tax information” means:        (1)    the amount of income or any other particulars disclosed in a tax return required under any law of the State, if the return contains return information, as defined in § 6103 of the Internal Revenue Code; or        (2)    any return information, as defined in § 6103 of the Internal Revenue Code, required to be attached to or included in a tax return required under any law of the State.    (b)    Except as provided in subsection (c) of this section, an officer, an employee, a former officer, or a former employee of the State or its political subdivisions may not disclose in any manner tax information acquired as an officer or employee.    (c)    (1)    Tax information may be disclosed to an employee or officer of the State or its political subdivisions who, by reason of that employment or office, has the right to the tax information.        (2)    Tax information may be disclosed in accordance with a proper judicial or legislative order.
MD. Local Government Code Ann. §  20-107 (2021)
2021 Maryland Statutes|Local Government|Division IV - Local Finance|Title 20 - Taxes and Development Impact Fees|Subtitle 1 - Tax Procedures|Part II - Collection of Taxes|Section 20-107 - Collection of Taxes by Counties

    (a)    This section applies to all counties, except:        (1)    Anne Arundel County;        (2)    Baltimore City;        (3)    Baltimore County;        (4)    Cecil County;        (5)    Howard County;        (6)    Prince George’s County;        (7)    Queen Anne’s County; and        (8)    Worcester County.    (b)    The provisions of §§ 9–105 and 9–106 of this article apply to an act, an ordinance, or a resolution adopted by a commission county under this section.    (c)    A county may provide for the prompt collection of taxes by authorizing discounts or imposing penalties.
MD. Local Government Code Ann. §  20-108 (2021)
2021 Maryland Statutes|Local Government|Division IV - Local Finance|Title 20 - Taxes and Development Impact Fees|Subtitle 1 - Tax Procedures|Part II - Collection of Taxes|Section 20-108 - Action to Collect Taxes

    (a)    Within the period allowed in § 20–127 of this subtitle, an action to collect a tax imposed under this title may be brought in a court of competent jurisdiction.    (b)    (1)    Except as provided in paragraph (2) of this subsection, if a tax under this title is not paid when due, the tax collector shall request the attorney for the county or municipality to bring an action against the person responsible to pay the tax.        (2)    The tax collector does not need to take action under paragraph (1) of this subsection if a lien on real property sufficiently secures the tax or a judgment in the action would not be collectible.    (c)    (1)    If a request is made under subsection (b) of this section, the attorney for the county or municipality shall bring the action.        (2)    In an action under this section, the plaintiff shall be:            (i)    the county;            (ii)    the municipality; or            (iii)    the tax collector authorized by law to collect the tax.    (d)    If the attorney for the county or municipality and the tax collector agree that the full amount of the claim is not collectible, the attorney may:        (1)    compromise the claim;        (2)    accept a lesser amount; and        (3)    issue a release of the claim or a satisfaction of the judgment.
MD. Local Government Code Ann. §  20-109 (2021)
2021 Maryland Statutes|Local Government|Division IV - Local Finance|Title 20 - Taxes and Development Impact Fees|Subtitle 1 - Tax Procedures|Part II - Collection of Taxes|Section 20-109 - Attachment

    (a)    In an action under § 20–108 of this subtitle, a request for attachment before judgment against any asset of the defendant may be filed in accordance with the Maryland Rules.    (b)    The plaintiff in the action is not required to file an attachment bond.