Section 5-313 - Composition.
§ 5-313. Composition.
The Fund consists of:
(1) money appropriated in the State budget to the Fund;
(2) money made available to the Fund through federal programs or private contributions;
(3) repayments of principal and interest from loans made from the Fund;
(4) proceeds from the sale, disposition, lease, or rental of collateral related to financial assistance provided by the Department under this subtitle;
(5) application or other fees paid to the Fund to process requests for financial assistance;
(6) recovery of an investment made by the Department in a business, including an arrangement under which part of the investment is recovered through:
(i) a requirement that the Department receive a proportion of cash flow, commissions, royalties, or license fees;
(ii) the repurchase from the Department of any of its investment interest; or
(iii) the sale of an appreciated asset;
(7) repayments received from recipients of conditional grants from the Department;
(8) money collected under § 9-229 of the Tax - Property Article;
(9) repayments on or recoveries from financial assistance provided from the former:
(i) Animal Waste Technology Fund;
(ii) Brownfields Revitalization Incentive Fund;
(iii) Child Care Facilities Direct Loan Fund;
(iv) Child Care Special Loan Fund;
(v) Maryland Industrial and Commercial Redevelopment Fund;
(vi) Maryland Industrial Land Fund;
(vii) Maryland Seafood and Aquaculture Loan Fund; and
(viii) Smart Growth Economic Development Infrastructure Fund; and
(10) any other money made available to the Fund.
[An. Code 1957, art. 83A, § 5-1404(c); 2008, ch. 306, § 2.]