(a) In this subtitle the following words have the meanings indicated.
(b) “Bond” means a bond, note, or other similar instrument that a county or municipality issues under this subtitle.
(c) “Chief executive” means the president, chair, mayor, county executive, or any other chief executive officer of a county or municipality.
(d) “Commercial property” means real property that is:
(1) not designed principally or intended for human habitation; or
(2) used for human habitation and is improved by more than four single family dwelling units.
(e) (1) “Environmental remediation project” means a project that is intended to remove environmental or health hazards.
(2) “Environmental remediation project” includes:
(i) a project that promotes indoor air and water quality;
(ii) asbestos remediation;
(iii) lead paint removal; and
(iv) mold remediation.
(f) “Program” means a clean energy loan program established under this subtitle.
(g) (1) “Resiliency project” means a project that is intended to increase the capacity of a property to withstand natural disasters and the effects of climate change.
(2) “Resiliency project” includes:
(i) a flood mitigation project;
(ii) a stormwater management project;
(iii) a project to increase fire or wind resistance;
(iv) a project to increase the capacity of a natural system;
(v) an inundation adaptation project;
(vi) alternative vehicle charging infrastructure; and
(vii) energy storage.
Structure Maryland Statutes
Division I - Definitions; General Provisions
Title 1 - Definitions; General Provisions
Subtitle 11 - Clean Energy Loan Programs
Section 1-1102 - Authority to Establish Program
Section 1-1103 - Purpose of Program; Private Lenders
Section 1-1104 - Requirements for Ordinance or Resolution
Section 1-1105 - Surcharge Required
Section 1-1106 - Bonds -- General Authority
Section 1-1107 - Bonds -- Intent; Procedures; Restrictions
Section 1-1108 - Bonds -- Conditions of Issuance