Md. Code, Econ. Dev. § 10-1004

Current with changes from the 2024 Legislative Session
Section 10-1004 - [Expires 7/1/2029] Members
(a)
(1) Subject to paragraph (2) of this subsection, the Authority consists of:
(i) the following members appointed by the Governor with the advice and consent of the Senate:
1. one member from a list of two individuals nominated by the Maryland Thoroughbred Horsemen's Association;
2. one member from a list of two individuals nominated by the Maryland Horse Breeders Association;
3. one member who represents Park Heights Renaissance, Inc.;
4. one member who represents the community surrounding the training facility site as defined under § 10-601 of this title; and
5. three other members who possess relevant industry, business, or government experience:
A. at least one of whom shall have experience in real estate development or the financial services industries; and
B. one of whom shall serve as Chair;
(ii) the Chair or Executive Director of the Maryland Stadium Authority, or the designee of the Chair or Executive Director;
(iii) the Chair or Execusubsecttive Director of the Maryland Economic Development Corporation, or the designee of the Corporation's Board of Directors;
(iv) one member who is not an elected official, appointed by the President of the Senate;
(v) one member who is not an elected official, appointed by the Speaker of the House;
(vi) the following nonvoting, ex officio members, appointed by the Governor:
1. one member of the community who resides near Laurel Park Race Course;
2. one member of the community who resides near Pimlico Race Course; and
3. one member of the community who resides near the Bowie Race Course Training Center property; and
(vii) one nonvoting, ex officio member of the State Racing Commission, designated by a majority of the members of the State Racing Commission.
(2) A majority of the members of the Authority may not have a direct interest in thoroughbred horse racing as an owner, trainer, or licensee.
(b)
(1) The term of a member is 4 years.
(2) At the end of a term, a member continues to serve until a successor is appointed and qualifies.
(3) The terms of the initial five members appointed by the Governor shall be staggered.
(c)
(1) Five members of the Authority are a quorum.
(2) Action by the Authority requires the affirmative vote of at least five members of the Authority.
(d) A member of the Authority:
(1) may not receive compensation as a member of the Authority; but
(2) is entitled to reimbursement for expenses under the Standard State Travel Regulations, as provided in the State budget.

Md. Code, EC § 10-1004

Amended by 2024 Md. Laws, Ch. 410,Sec. 3, eff. 6/1/2024.
Amended by 2024 Md. Laws, Ch. 382,Sec. 1, eff. 4/25/2024.
Added by 2023 Md. Laws, Ch. 111, Sec. 2, eff. 6/1/2023, exp. 7/1/2029.