Section 14-101 – Statement of Policy
(a) The State: (1) recognizes the declaration of the Joint Economic Committee of the Congress of the United States that broadening the ownership of capital and achieving full employment should be the twin pillars of economic policy; and (2) encourages the broadening of the base of capital ownership among greater numbers of the residents of the State through, […]
Section 14-102 – Report of Efforts Required
The Division of Labor and Industry of the Maryland Department of Labor and the Public Service Commission shall summarize their efforts to promote the policies related to broadening the ownership of capital in their respective annual reports as required by law.
Section 14-103 – Use of Minority Business Enterprises for Brokerage and Investment Management Services
(a) The Department shall attempt to use to the greatest extent feasible minority business enterprises to provide brokerage and investment management services for any fund established under this article consistent with minority business purchasing standards applicable to units of State government under the State Finance and Procurement Article and consistent with the fiduciary duties of the […]
Section 14-104 – Short Title
This subtitle may be cited as the Broadened Ownership Act.
Section 14-301 – Unmanned Aircraft Systems
(a) (1) In this section the following words have the meanings indicated. (2) “Unmanned aircraft” means the flying portion of an unmanned aircraft system, flown by a pilot via a ground control system, or autonomously through use of an onboard computer, a communication link, and any additional equipment that is necessary for the unmanned aircraft to operate safely. […]
Section 14-302 – Duty to Monitor Federal Regulations or Rulemaking
(a) The Department and the Department of Transportation, including the Maryland Aviation Administration, shall: (1) monitor the Federal Aviation Administration for any proposed regulations or rulemaking that relate to the regulation of the operation of small commercial unmanned aircraft systems; (2) determine the impact of any proposed regulations or rulemaking on the State; and (3) determine whether it is […]
Section 15-102 – Legislative Findings; Purpose
(a) The General Assembly finds that: (1) while State and privately funded transit–oriented development is paramount and necessary for the orderly economic development of the State, such development should be pursued in a manner that extends benefits to and minimizes negative impacts on the communities in and adjacent to the development; (2) in order to preserve and enhance […]
Section 15-103 – Applicability of Title
This title applies only in Baltimore City.
Section 15-104 – Fund Established; Nature
(a) There is a Baltimore City Community Enhancement Transit–Oriented Development Fund. (b) The Fund is a special, nonlapsing fund that is not subject to § 7–302 of the State Finance and Procurement Article.
Section 15-105 – Purpose; Accounting; Composition
(a) The purpose of the Fund is to promote and assist community–based initiatives in qualified project areas consistent with the purpose of this title. (b) The State Treasurer shall hold the Fund separately, and the Comptroller shall account for the Fund. (c) (1) The Fund consists of: (i) money appropriated in the State budget to the Fund; (ii) proceeds of bonds […]