- A. The Secretary shall approve or reject an application of an institution within 90 days after submission of an application for designation as a qualified institution.
- B. The Secretary shall notify the Legislative Policy Committee at least 30 days before approval or rejection of an application for designation as a qualified institution.
- C. The Legislative Policy Committee may provide advice to the Secretary regarding the approval or rejection of an institution as a qualified institution.
Authority: Economic Development Article, §§2-108 and 5-1401—5-1407; Tax-General Article, §10-702;
Tax Property Article, §9-103.1; Annotated Code of Maryland
Effective date: March 30, 2015 (42:6 Md. R. 514)
Regulation .12 amended effective March 12, 2018 (45:5 Md. R. 288)