§ 9-20C-01

(a) In this subtitle the following words have the meanings indicated.

(b) “Administration” means the Maryland Energy Administration.

(c) “Advisory Committee” means the Maryland Offshore Wind Business Development Advisory Committee established under § 9–20C–02 of this subtitle.

(d) “Director” means the Director of the Maryland Energy Administration.

(e) “Emerging business” means a business that is at least 51% owned and controlled by an individual or individuals who are certified to have a personal net worth, as defined in § 14–301 of the State Finance and Procurement Article, that does not exceed $6,500,000 as adjusted each year for inflation according to the Consumer Price Index.

(f) “Fund” means the Maryland Offshore Wind Business Development Fund established under § 9–20C–03 of this subtitle.

(g) “Minority” means an individual who is a member of any of the groups listed in § 14–301(k)(1)(i) of the State Finance and Procurement Article.