(a) In awarding financial assistance under this subtitle for an energy project, the Authority shall consider whether the energy project would:
(1) reduce the consumption of petroleum and other energy sources;
(2) increase the energy supply available in the State;
(3) increase employment and economic activity in the State;
(4) use sound technology and be economically feasible;
(5) minimize harm to the environment; and
(6) make the most use of federal financial assistance programs for energy projects.
(b) The Authority shall:
(1) promote programs of financial assistance for energy projects established under this subtitle;
(2) inform consumers, the private sector, and financial institutions about these programs and actively seek their participation;
(3) develop and disseminate descriptions of its programs of financial assistance for energy projects; and
(4) serve as a clearinghouse for information on federal and State programs of financial assistance for energy projects.
Structure Maryland Statutes
Division I - Secretary of Commerce and Department of Commerce
Title 5 - Economic Development and Financial Assistance Programs
Subtitle 4 - Maryland Industrial Development Financing Authority
Section 5-444 - Status of Authority
Section 5-445 - Energy Project -- in General
Section 5-446 - Energy Project -- Considerations; Promotion