§ 10A-104

Maryland § 10A-104

• Jurisdiction: Maryland
• Article gsf: State Finance and Procurement
• Title: 10A

Text

(a) (1) By January 1 of each year, each reporting agency shall submit to the budget committees, in accordance with § 2–1257 of the State Government Article:

(i) a report concerning each public–private partnership under consideration that has not been reviewed or approved previously by the General Assembly; and

(ii) a status report concerning each existing public–private partnership in which the reporting agency is involved.

(2) The reports submitted by the Department of General Services under this subsection shall include information concerning all public–private partnerships involving units within the Executive Branch of State government, except for those units that are also reporting agencies.

(b) By January 1 of each year, a unit of State government that provides conduit financing for a public–private partnership shall submit to the budget committees, in accordance with § 2–1257 of the State Government Article, a list that includes each public–private partnership for which the unit is providing conduit financing.

(c) The annual report of the Capital Debt Affordability Committee required under § 8–112 of this article shall include an analysis of the aggregate impact of public–private partnership agreements on the total amount of new State debt that prudently may be authorized for the next fiscal year.

(d) All existing public–private partnerships and any public–private partnership that is expected to be solicited shall be listed annually as appropriate in the annual capital budget or the Consolidated Transportation Program.