Md. Code Ann., State Fin. & Proc. § 10-308 – Leases of State property to minority business enterprises

(a) In this section, “minority business enterprise” has the meaning stated in Title 14, Subtitle 3 of this article.
(b) Each unit of the State government that leases State-owned property to business entities shall adopt regulations that establish procedures for awarding the leases. The procedures shall be structured to try to achieve participation by minority business enterprises in:
1. (1) 10% of the total dollar amount of the leases; and
2. (2) 10% of the total number of leases.

Added by Acts 1985, c. 11, § 2, eff. Oct. 1, 1985. Amended by Acts 1989, c. 5, § 1, eff. March 9, 1989.

Formerly Art. 78A, § 15.