Private Activity Revenue Bonds (Maryland)
Last modified on February 12, 2015.
|Applies to States or Provinces||Maryland|
|Name||Private Activity Revenue Bonds (Maryland)|
|Policy Category||Financial Incentive|
|Policy Type|| Bond Program
, Manufacturing Facilities
|Affected Technologies||Biomass/Biogas, Coal with CCS, Concentrating Solar Power, Energy Storage, Fuel Cells, Geothermal Electric, Hydroelectric, Hydroelectric (Small), Natural Gas, Nuclear, Solar Photovoltaics, Tidal Energy, Wave Energy, Wind energy|
|Implementing Sector|| State/Province
|Primary Website|| http://www.choosemaryland.org/businessresources/pages/midfa.aspx
|Last Review|| 2014-09-15
Private Activity Revenue Bonds are available in the form of both taxable bonds and tax-exempt bonds. Both types of bonds provide access to long-term capital markets for fixed asset financing. Eligibility for the tax-exempt bonds is limited by Federal tax law to 501(c)(3) non-profit organizations and manufacturing facilities. Additional limitations apply to the specific transaction type.
|Department||Maryland Department of Business and Economic Development|
|Division|| Maryland Industrial Development Financing Authority
Authorities (Please contact the if there are any file problems.)
|Authority 1:|| Economic Development Article, 5-401 et seq., Annotated Code of Maryland