reglab/housing_qa huggingface dataset:
MD. Local Government Code Ann. §  17-208 (2021)
2021 Maryland Statutes|Local Government|Division IV - Local Finance|Title 17 - Investment by Local Government|Subtitle 2 - Local Government Investment Guidelines|Section 17-208 - Enforcement

    (a)    The State Treasurer shall contact the governmental entity to seek compliance if a governmental entity does not maintain a local investment policy or local debt policy as required by this subtitle.    (b)    On request of the State Treasurer, a financial officer shall provide to the State Treasurer, in the format and time frame requested:        (1)    a report of the investment portfolio of the governmental entity; or        (2)    a report of the debt portfolio of the governmental entity in the format required under § 16–103 of this article.    (c)    If, after being contacted by the State Treasurer, a governmental entity does not comply with this section, the State Treasurer shall notify the Joint Committee on the Management of Public Funds in writing.    (d)    The Joint Committee on the Management of Public Funds may request the Attorney General to seek judicial enforcement of this subtitle against the governmental entity.
MD. Local Government Code Ann. §  18-101 (2021)
2021 Maryland Statutes|Local Government|Division IV - Local Finance|Title 18 - Local Economic Development|Subtitle 1 - Parking Authorities Act|Section 18-101 - Definitions

    (a)    In this subtitle the following words have the meanings indicated.    (b)    “Authority” means a parking authority established under this subtitle.    (c)    “Bond” means a revenue bond issued by an authority under this subtitle.    (d)    “Property” includes any interest in real or personal property.
MD. Local Government Code Ann. §  18-102 (2021)
2021 Maryland Statutes|Local Government|Division IV - Local Finance|Title 18 - Local Economic Development|Subtitle 1 - Parking Authorities Act|Section 18-102 - Legislative Findings; Purposes of Subtitle

    (a)    The General Assembly finds that:        (1)    unemployment conditions exist in certain areas of the State;        (2)    the establishment of vehicle parking facilities under this subtitle is necessary to relieve the unemployment conditions and establish a balanced economy in these areas; and        (3)    the present and prospective health, happiness, safety, right of gainful employment, and general welfare in these areas will be promoted by the establishment of vehicle parking facilities under this subtitle.    (b)    The General Assembly recognizes that, for certain areas of the State, this subtitle is necessary to:        (1)    relieve unemployment conditions;        (2)    encourage industrial growth and a balanced economy;        (3)    help retain existing industries;        (4)    promote economic development; and        (5)    promote health, welfare, and safety.
MD. Local Government Code Ann. §  18-103 (2021)
2021 Maryland Statutes|Local Government|Division IV - Local Finance|Title 18 - Local Economic Development|Subtitle 1 - Parking Authorities Act|Section 18-103 - Scope of Subtitle

    This subtitle applies only to Baltimore City, Montgomery County, Prince George’s County, and each municipality.
MD. Local Government Code Ann. §  18-104 (2021)
2021 Maryland Statutes|Local Government|Division IV - Local Finance|Title 18 - Local Economic Development|Subtitle 1 - Parking Authorities Act|Section 18-104 - Powers of Counties or Municipalities -- in General

    A county or municipality may create a body politic and corporate known as the “Parking Authority of (insert name of county or municipality)”.
MD. Local Government Code Ann. §  18-105 (2021)
2021 Maryland Statutes|Local Government|Division IV - Local Finance|Title 18 - Local Economic Development|Subtitle 1 - Parking Authorities Act|Section 18-105 - Authority Established

    To create an authority, a county or municipality shall:        (1)    pass a local law that establishes the charter for the authority; and        (2)    file the charter with the Department of Assessments and Taxation, the Department of Legislative Services, and the Secretary of State.
MD. Local Government Code Ann. §  18-106 (2021)
2021 Maryland Statutes|Local Government|Division IV - Local Finance|Title 18 - Local Economic Development|Subtitle 1 - Parking Authorities Act|Section 18-106 - Powers of Counties or Municipalities -- Amendments

    A county or municipality may:        (1)    amend the authority’s charter through local law if the amendment is filed with the Department of Assessments and Taxation, the Department of Legislative Services, and the Secretary of State; or        (2)    change the structure or activity of or terminate the authority, unless the change or termination would impair an obligation of the authority under a pre–existing contract.
MD. Local Government Code Ann. §  18-107 (2021)
2021 Maryland Statutes|Local Government|Division IV - Local Finance|Title 18 - Local Economic Development|Subtitle 1 - Parking Authorities Act|Section 18-107 - Membership

    (a)    An authority consists of five members.    (b)    By local law, a county or municipality shall establish residency requirements, means of appointment, qualifications, and terms of office for a member.    (c)    Officers and employees of an authority shall be appointed as provided by local law.
MD. Local Government Code Ann. §  18-108 (2021)
2021 Maryland Statutes|Local Government|Division IV - Local Finance|Title 18 - Local Economic Development|Subtitle 1 - Parking Authorities Act|Section 18-108 - Powers of Authority -- in General

    (a)    An authority has the powers granted to it by local law, consistent with this subtitle, to allow it to carry out this subtitle.    (b)    An authority may:        (1)    use a common seal;        (2)    sue and be sued; and        (3)    perform corporate acts necessary to carry out this subtitle.    (c)    By local law, a county or municipality shall establish the budgetary and financial procedures of an authority.    (d)    (1)    An authority may adopt, in the manner provided by local law, rules and regulations for the operation and use of property and facilities under its jurisdiction.        (2)    A person who violates a rule or regulation adopted by an authority is guilty of a misdemeanor and on conviction is subject to imprisonment not exceeding 180 days or a fine not exceeding $1,000 or both.
MD. Local Government Code Ann. §  18-109 (2021)
2021 Maryland Statutes|Local Government|Division IV - Local Finance|Title 18 - Local Economic Development|Subtitle 1 - Parking Authorities Act|Section 18-109 - Powers of Authority -- Enactment by County

    A county or municipality may authorize an authority to:        (1)    acquire by purchase, lease, or other legal means, but not by eminent domain, property of any kind in the county or municipality;        (2)    establish, construct, alter, improve, equip, repair, maintain, operate, and regulate a facility for parking vehicles that is on, under, or in any property owned by the county, municipality, or the authority; and        (3)    establish and collect fees for the use of the property.
MD. Local Government Code Ann. §  18-110 (2021)
2021 Maryland Statutes|Local Government|Division IV - Local Finance|Title 18 - Local Economic Development|Subtitle 1 - Parking Authorities Act|Section 18-110 - Authority Property Exempt From Taxation

    Property owned or controlled by an authority is exempt from all taxation by the State, a political subdivision, or any other public unit.
MD. Local Government Code Ann. §  18-111 (2021)
2021 Maryland Statutes|Local Government|Division IV - Local Finance|Title 18 - Local Economic Development|Subtitle 1 - Parking Authorities Act|Section 18-111 - Earnings of Authority

    The net earnings of an authority, other than those necessary to pay debt services or implement the public purposes of this subtitle, may not be used for the benefit of a person.
MD. Local Government Code Ann. §  18-112 (2021)
2021 Maryland Statutes|Local Government|Division IV - Local Finance|Title 18 - Local Economic Development|Subtitle 1 - Parking Authorities Act|Section 18-112 - Termination of Authority

    On termination of an authority, all property, obligations, and assets of the authority become the property, obligations, and assets of the county or municipality.
MD. Local Government Code Ann. §  18-113 (2021)
2021 Maryland Statutes|Local Government|Division IV - Local Finance|Title 18 - Local Economic Development|Subtitle 1 - Parking Authorities Act|Section 18-113 - Act of Authority Not Subject to Challenge

    An act of an authority may not be challenged on the basis of the absence of qualifications of a member of the authority if the member has:        (1)    been appointed by the appropriate entity designated by local law; and        (2)    taken the oath of office.
MD. Local Government Code Ann. §  18-114 (2021)
2021 Maryland Statutes|Local Government|Division IV - Local Finance|Title 18 - Local Economic Development|Subtitle 1 - Parking Authorities Act|Section 18-114 - Revenue Bonds

    (a)    To carry out the purposes of this subtitle, an authority may issue revenue bonds to finance the cost of:        (1)    acquiring property; or        (2)    establishing, constructing, altering, improving, or equipping a facility.    (b)    Each bond issue shall be authorized by a resolution approved by a vote of at least four members of the authority.    (c)    An authority shall determine that a bond issue is necessary to achieve one or more of the authority’s purposes before issuing bonds under this section.    (d)    The resolution authorizing the bond issue shall include:        (1)    the determination that a bond issue is necessary;        (2)    a statement that the authority will acquire the vehicle parking facility or related project in accordance with this subtitle and local law;        (3)    a determination of the probable useful life of the project or average probable useful life of the projects to be financed;        (4)    an estimate of the cost of the project to be financed and the portion to be defrayed from any sources that shall be specifically named, other than the proposed bond issue;        (5)    the procedure for the sale of the proposed bond issue;        (6)    a description sufficient for purposes of identification of each of the projects to be financed by the bond issue; and        (7)    a finding that the amount of the proposed bond issue is sufficient to complete at least a useful portion of each project to be financed.    (e)    Notwithstanding any other provision of the Code or any recitals of the bond, the bonds are negotiable instruments.
MD. Local Government Code Ann. §  18-115 (2021)
2021 Maryland Statutes|Local Government|Division IV - Local Finance|Title 18 - Local Economic Development|Subtitle 1 - Parking Authorities Act|Section 18-115 - Revenue Bonds -- Probable Useful Life of Project

    (a)    If bonds are issued for projects having different probable useful lives, the authority shall consider the amount of the bonds to be issued for each project when it determines the average probable useful life of the projects.    (b)    The determination under this section by an authority of probable useful life of the project or average probable useful life of the projects is conclusive.
MD. Local Government Code Ann. §  18-116 (2021)
2021 Maryland Statutes|Local Government|Division IV - Local Finance|Title 18 - Local Economic Development|Subtitle 1 - Parking Authorities Act|Section 18-116 - Revenue Bonds -- Matters Determined by Local Law

    By local law consistent with this subtitle, a county or municipality shall determine matters related to the authorization, issuance, sale, delivery, and payment of bonds, including:        (1)    issue date;        (2)    maturity;        (3)    interest rate;        (4)    terms;        (5)    form;        (6)    denomination;        (7)    manner of execution;        (8)    place of payment;        (9)    redemption;        (10)    refunding;        (11)    sale price;        (12)    manner of sale; and        (13)    security.
MD. Local Government Code Ann. §  18-117 (2021)
2021 Maryland Statutes|Local Government|Division IV - Local Finance|Title 18 - Local Economic Development|Subtitle 1 - Parking Authorities Act|Section 18-117 - Guarantee of Revenue Bonds; Independent Taxing Authority Not Conferred

    (a)    By local law, a county or municipality may guarantee the bonds as to payment of principal, interest, and any redemption premium by the full faith and credit of the county or municipality.    (b)    A municipality may not grant an authority independent taxing authority.
MD. Local Government Code Ann. §  18-118 (2021)
2021 Maryland Statutes|Local Government|Division IV - Local Finance|Title 18 - Local Economic Development|Subtitle 1 - Parking Authorities Act|Section 18-118 - Revenue Bonds -- Referendum Provisions Inapplicable

    Bonds, the borrowing that they represent, the project being financed, or the guarantee of the county or municipality with respect to payment of the principal, interest, and redemption premium are not subject to any referendum requirements under a county charter, municipal charter, or local law.
MD. Local Government Code Ann. §  18-119 (2021)
2021 Maryland Statutes|Local Government|Division IV - Local Finance|Title 18 - Local Economic Development|Subtitle 1 - Parking Authorities Act|Section 18-119 - Revenue Bonds -- Application of Conditions of Sale Requirements

    Bonds are exempt from the conditions of sale requirements under §§ 19–205 and 19–206 of this article.
MD. Local Government Code Ann. §  18-120 (2021)
2021 Maryland Statutes|Local Government|Division IV - Local Finance|Title 18 - Local Economic Development|Subtitle 1 - Parking Authorities Act|Section 18-120 - Revenue Bonds -- Exempt From Taxation

    Bonds, transfer of the bonds, and the interest payable and income derived from the bonds are exempt from all State, county, and municipal taxation.
MD. Local Government Code Ann. §  18-121 (2021)
2021 Maryland Statutes|Local Government|Division IV - Local Finance|Title 18 - Local Economic Development|Subtitle 1 - Parking Authorities Act|Section 18-121 - Short Title

    This subtitle is the Parking Authorities Act.
MD. Local Government Code Ann. §  18-201 (2021)
2021 Maryland Statutes|Local Government|Division IV - Local Finance|Title 18 - Local Economic Development|Subtitle 2 - Ocean City Convention Center|Section 18-201 - "Convention Center" Defined

    In this subtitle, “Convention Center” means the Roland E. Powell Convention Center.
MD. Local Government Code Ann. §  18-202 (2021)
2021 Maryland Statutes|Local Government|Division IV - Local Finance|Title 18 - Local Economic Development|Subtitle 2 - Ocean City Convention Center|Section 18-202 - Operation

    The Mayor and City Council of Ocean City shall operate the Convention Center.
MD. Local Government Code Ann. §  18-203 (2021)
2021 Maryland Statutes|Local Government|Division IV - Local Finance|Title 18 - Local Economic Development|Subtitle 2 - Ocean City Convention Center|Section 18-203 - Powers and Duties of Mayor and City Council

    (a)    The Mayor and City Council of Ocean City may:        (1)    employ and set the salaries for a Convention Center manager and other necessary personnel;        (2)    accept donations or grants for the maintenance and operation of the Convention Center;        (3)    receive aid for the Convention Center from the federal government, the State, counties, or municipalities;        (4)    set reasonable fees for the use of the Convention Center facilities;        (5)    grant, on the basis of competitive bidding, concessions on the premises of the Convention Center for the sale of food or beverages, including, subject to the Alcoholic Beverages Article, alcoholic beverages; and        (6)    perform any act necessary to operate the Convention Center.    (b)    The Mayor and City Council of Ocean City shall:        (1)    keep records of the Convention Center consistent with sound business practice;        (2)    conduct an audit of the accounts of the Convention Center at the end of each calendar or fiscal year; and        (3)    submit to the Board of Public Works a detailed annual report on the activities and finances of the Convention Center.
MD. Local Government Code Ann. §  18-204 (2021)
2021 Maryland Statutes|Local Government|Division IV - Local Finance|Title 18 - Local Economic Development|Subtitle 2 - Ocean City Convention Center|Section 18-204 - Tax-Exempt Status

    The Convention Center is exempt from State and local taxes.
MD. Local Government Code Ann. §  18-205 (2021)
2021 Maryland Statutes|Local Government|Division IV - Local Finance|Title 18 - Local Economic Development|Subtitle 2 - Ocean City Convention Center|Section 18-205 - State Funds

    The State may not spend any money for capital improvements or capital repairs to the Convention Center.
MD. Local Government Code Ann. §  18-206 (2021)
2021 Maryland Statutes|Local Government|Division IV - Local Finance|Title 18 - Local Economic Development|Subtitle 2 - Ocean City Convention Center|Section 18-206 - Names of Sections of Convention Center

    A name given to a section of the Convention Center by the Board of Public Works may be changed only by the Board.
MD. Local Government Code Ann. §  18-301 (2021)
2021 Maryland Statutes|Local Government|Division IV - Local Finance|Title 18 - Local Economic Development|Subtitle 3 - Commercial or Industrial Development Projects|Section 18-301 - Commercial or Industrial Development

    (a)    Subject to subsection (b) of this section, a political subdivision may use federal or State financial assistance for commercial or industrial redevelopment projects to make grants or loans, or to guarantee loans, to private entities.    (b)    The authority granted under this section:        (1)    may be used only for commercial or industrial redevelopment projects; and        (2)    may not be used for a residential or housing project.
MD. Local Government Code Ann. §  19-101 (2021)
2021 Maryland Statutes|Local Government|Division IV - Local Finance|Title 19 - Public Debt|Subtitle 1 - General Provisions|Section 19-101 - Consolidated Public Improvement Bonds

    (a)    (1)    In authorizing the sale of municipal bonds, the governing body of a county, the commissioners of finance for Baltimore City, and the commissioners of the Washington Suburban Sanitary Commission, by resolution, may provide that loans authorized to be incurred and bonds authorized to be sold by separate acts of enabling legislation be consolidated for sale and issued, sold, and delivered as a single issue of bonds, regardless of when the enabling legislation authorizing any loan or the sale of any bonds evidencing a loan was enacted.        (2)    A resolution under paragraph (1) of this subsection is not a legislative act.    (b)    (1)    A consolidated issue of municipal bonds made under this section shall be designated as consolidated public improvement bonds of the issuing authority of the year in which the bonds are to be dated.        (2)    A resolution authorizing the issuance and sale of consolidated public improvement bonds may specify all matters relating to the advertisement, sale, issuance, delivery, and payment of the bonds, including:            (i)    the forms, dates, and denominations of the bonds;            (ii)    the principal maturities;            (iii)    the methods to be used in determining interest payable on the bonds; and            (iv)    any provisions for:                1.    registration;                2.    redemption before stated maturity; and                3.    the use of facsimile signatures or seals.    (c)    (1)    Notice of the public sale of consolidated public improvement bonds:            (i)    shall be made at least once in a newspaper of general circulation in the county, Baltimore City, or the Washington Suburban Sanitary District; and            (ii)    also may be made in a newspaper which circulates primarily among bankers and investors.        (2)    At least one notice of public sale shall be made at least 10 days before the sale.    (d)    After deduction of the expenses of the sale of consolidated public improvement bonds, the net proceeds shall be applied in the manner and for the purposes designated in the separate underlying acts of enabling legislation.    (e)    The provisions of this section supersede any inconsistent provision of law.
MD. Local Government Code Ann. §  19-102 (2021)
2021 Maryland Statutes|Local Government|Division IV - Local Finance|Title 19 - Public Debt|Subtitle 1 - General Provisions|Section 19-102 - Duties of County Financial Officer

    (a)    This section applies to a financial officer who is entrusted with the duty of investing the sinking funds or other funds accumulated or to be accumulated for the retirement of debts or other obligations of a county, municipality, public corporation, special district, or political subdivision of the State.    (b)    If a State or local law requires a financial officer to invest any portion of a sinking fund or other funds accumulated or to be accumulated for the retirement of debts or other obligations, the financial officer shall invest the funds in the following classes of securities:        (1)    the bonds or other obligations for the retirement of which the sinking fund is or will be created;        (2)    the bonds, stock, or other valid obligations of the State or of any county, municipality, public corporation, special district, or other political subdivision of the State;        (3)    the bonds or other obligations of the United States;        (4)    United States Treasury Certificates; or        (5)    bonds of any public corporation or other body, guaranteed as to payment of principal and interest by the United States.    (c)    If a financial officer purchases a security under subsection (b) of this section at a premium, the financial officer shall make adjustments out of the interest received from the security to reimburse any sinking fund in the custody of the financial officer for the premium paid before the maturity of the security.    (d)    A security purchased under subsection (b) of this section that may be registered shall be registered in the name of the financial officer for the purpose for which the security is purchased.    (e)    (1)    Pending investment or reinvestment, a financial officer shall deposit any uninvested money or other funds belonging to a sinking fund described in subsection (a) of this section in a banking institution or trust company located in the State.        (2)    The financial officer shall demand adequate security from the banking institution or trust company for the amount of the deposit in excess of the guarantee of the Federal Deposit Insurance Corporation.        (3)    The security may consist of:            (i)    any of the classes of securities listed in subsection (b) of this section; or            (ii)    a surety bond of a corporate surety company qualified to do business in the State.        (4)    A deposit may not be made unless security is provided in accordance with this subsection.