Md. Code, Econ. Dev. § 16-101

Current with changes from the 2024 Legislative Session
Section 16-101 - Definitions
(a) In this title the following words have the meanings indicated.
(b) "Grant Program" means the Purple Line Construction Zone Grant Program.
(c) "Qualified small business" means a sole proprietorship, a partnership, a limited partnership, a limited liability partnership, a limited liability company, or a corporation that:
(1) employs 20 or fewer employees;
(2) is independently owned and operated;
(3) is not a subsidiary of another business;
(4) is not dominant in its field of operation; and
(5) is impacted by the construction of the Purple Line light rail project in Montgomery County and Prince George's County.

Md. Code, EC § 16-101

Amended by 2022 Md. Laws, Ch. 116, Sec. 1, eff. 7/1/2022.