Current with changes from the 2024 Legislative Session
Section 6-907 - Information received about eligibility of benefits [Subtitle subject to contingent abrogation]IN EFFECT** CONTINGENCY - IN EFFECT - CHAPTER 350 OF 2018 **
(a) The Department may require that any information provided under this subtitle be verified by an independent certified public accountant that the qualified business entity and the Department select.(b)(1) Acceptance by a qualified business entity of the Program benefits under this subtitle shall be deemed to authorize the Comptroller to share with the Department any information received from a qualified business entity about eligibility for a Program benefit allowed under this subtitle.(2) Information that is received by the Department or the Comptroller under paragraph (1) of this subsection is subject to confidentiality requirements established by law.Added by 2018 Md. Laws, Ch. 350,Sec. 1, eff. 6/1/2018. 2018 Md. Laws, Ch. 350,Sec. 6, provides: "(a) If the Department of Commerce fails to certify a business entity as a qualified business entity under Title 6, Subtitle 9 of the Economic Development Article, as enacted by Section 1 of this Act, before January 1, 2022, this Act, with no further action required by the General Assembly, shall be abrogated and of no further force and effect. (b) On or before January 5, 2022, the Secretary of Commerce shall provide notice of the taking effect of the termination provision under subsection (a) of this section to the Department of Legislative Services, 90 State Circle, Annapolis, Maryland 21401. "