§ 5-446

Maryland § 5-446

• Jurisdiction: Maryland
• Article gec: Economic Development
• Title: 5

Text

(a) In awarding financial assistance under this subtitle for an energy project, the Authority shall consider whether the energy project would:

(1) reduce the consumption of petroleum and other energy sources;

(2) increase the energy supply available in the State;

(3) increase employment and economic activity in the State;

(4) use sound technology and be economically feasible;

(5) minimize harm to the environment; and

(6) make the most use of federal financial assistance programs for energy projects.

(b) The Authority shall:

(1) promote programs of financial assistance for energy projects established under this subtitle;

(2) inform consumers, the private sector, and financial institutions about these programs and actively seek their participation;

(3) develop and disseminate descriptions of its programs of financial assistance for energy projects; and

(4) serve as a clearinghouse for information on federal and State programs of financial assistance for energy projects.