2013 Maryland Code
STATE FINANCE AND PROCUREMENT
§ 10A-102 - Analysis of public-private partnership agreement [Effective until July 1, 2013]

(a) In general. -- The State Treasurer shall analyze the impact of each public-private partnership agreement proposed by a unit of State government on the State's capital debt affordability limits.

(b) Timing of submission of analysis. -- The State Treasurer shall submit to the budget committees, in accordance with § 2-1246 of the State Government Article, each analysis required under subsection (a) of this section within 30 days after the State Treasurer receives a proposed public-private partnership agreement from a unit of State government.

(c) Approval of agreement; review and comment. -- The Board of Public Works may not approve a public-private partnership agreement under § 10-305 or § 12-204 of this article until the budget committees have had 30 days to review and comment on the State Treasurer's analysis of the agreement required under subsection (a) of this section.

(d) Annual report of Capital Debt Affordability Committee. -- The annual report of the Capital Debt Affordability Committee required under § 8-112 of this article shall include an analysis of the aggregate impact of public-private partnership agreements on the total amount of new State debt that prudently may be authorized for the next fiscal year.

§ 10A-102 - Public policy statement [Effective July 1, 2013].

(a) In general. -- It is the public policy of the State to utilize public-private partnerships, if appropriate, to:

(1) develop and strengthen the State's public infrastructure assets;

(2) apportion between the public and private sectors the risks involved with developing and strengthening public infrastructure assets;

(3) foster the creation of new jobs; and

(4) promote the socioeconomic development and competiveness of Maryland.

(b) Compliance with federal and State laws. -- It is the public policy of the State that a private entity that enters into a public-private partnership with a reporting agency comply with the Labor and Employment Article and the federal Fair Labor Standards Act.