Section 11-1006 - Power to carry out purposes; applicability of other laws; tax exemption.
§ 11-1006. Power to carry out purposes; applicability of other laws; tax exemption.
(a) In general.-
(1) Except as otherwise provided in this section, in exercising its powers, the Corporation:
(i) may carry out its corporate purposes without the consent of any State unit; and
(ii) is not subject to the following provisions of the State Finance and Procurement Article:
1. Title 2, Subtitle 2 (Gifts and Grants);
2. Title 3 (Budget and Management);
3. Title 3A (Department of Information Technology);
4. Title 4 (Department of General Services);
5. Title 6, Subtitle 1 (Studies and Estimates);
6. Title 7, Subtitle 1 (State Operating Budget), Subtitle 2 (Disbursements and Expenditures), and Subtitle 3 (Unspent Balances); and
7. Division II (General Procurement Law).
(2) The Corporation is subject to the Public Information Act and the Open Meetings Act.
(b) Public Ethics Law.-
(1) The board and the officers and employees of the Corporation are subject to the Public Ethics Law.
(2) The officers and employees of the Corporation are not subject to:
(i) Division II of the State Personnel and Pensions Article; or
(ii) the provisions of Division I of the State Personnel and Pensions Article that govern the State Personnel Management System.
(c) Title 12, Subtitle 4 of the State Finance and Procurement Article.- The Corporation, its officers, and its employees are subject to Title 12, Subtitle 4 of the State Finance and Procurement Article.
(d) Tax exemption.- The Corporation is exempt from State and local taxes.
[2009, ch. 476.]