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Statutes Text

Article - Economic Development




§10–625.

    (a)    Except as provided in subsection (b) of this section, the Authority shall submit:

        (1)    an annual detailed report of the activities and financial status of the Authority to the Governor, and, in accordance with § 2–1257 of the State Government Article, the General Assembly; and

        (2)    annual reports on the additional tax revenues generated by each of the following facilities, prepared in cooperation with the Office of the Comptroller and the Department of Budget and Management:

            (i)    the Baltimore Convention facility;

            (ii)    the Hippodrome Performing Arts facility;

            (iii)    the Montgomery County Conference facility;

            (iv)    the Ocean City Convention facility; and

            (v)    the Hagerstown Multi–Use Sports and Events Facility.

    (b)    The Authority is not required to submit the annual reports listed under subsection (a)(2) of this section for additional tax revenues generated by the facilities for fiscal year 2021.



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