Md. Code Ann., State Fin. & Proc. § 14-601
Definitions
Effective Oct 1, 2025Added by Acts 2010, c. 507, § 1, eff. Oct. 1, 2010; Acts 2010, c. 508, § 1, eff. Oct. 1, 2010. Amended by Acts 2017, c. 708, § 1, eff. Oct. 1, 2018; Acts 2017, c. 709, § 1, eff. Oct. 1, 2018; Acts 2018, c. 740, § 1, eff. Oct. 1, 2018; Acts 2021, c. 78, § 1, eff. Oct. 1, 2021; Acts 2021, c. 79, § 1, eff. Oct. 1, 2021; Acts 2025, c. 5, § 1, eff. Oct. 1, 2025; Acts 2025, c. 6, § 1, eff. Oct. 1, 2025; Acts 2025, c. 601, § 1, eff. Oct. 1, 2025.State of Maryland
- (a) In this subtitle the following words have the meanings indicated.
- (b) “Veteran” means an individual who is verified to be a veteran, as defined in § 9-901 of the State Government Article.
(c) “Veteran-owned small business enterprise” means a for-profit business that:
- (1) meets the size standards adopted by the United States Small Business Administration in 13 C.F.R. 121.201 and any subsequent revision of that regulation; and
(2) is at least 51% owned by one or more individuals who:
- (i) are veterans; and
- (ii) control the management and daily operations of the business.
Added by Acts 2010, c. 507, § 1, eff. Oct. 1, 2010; Acts 2010, c. 508, § 1, eff. Oct. 1, 2010. Amended by Acts 2017, c. 708, § 1, eff. Oct. 1, 2018; Acts 2017, c. 709, § 1, eff. Oct. 1, 2018; Acts 2018, c. 740, § 1, eff. Oct. 1, 2018; Acts 2021, c. 78, § 1, eff. Oct. 1, 2021; Acts 2021, c. 79, § 1, eff. Oct. 1, 2021; Acts 2025, c. 5, § 1, eff. Oct. 1, 2025; Acts 2025, c. 6, § 1, eff. Oct. 1, 2025; Acts 2025, c. 601, § 1, eff. Oct. 1, 2025.