2013 Maryland Code
TRANSPORTATION
§ 7-306 - Governmental participation in financing
§7-306.
(a) Subject to constitutional limitations, this State and its political subdivisions may:
(1) Make grants to the Administration;
(2) Guarantee any obligations of the Administration;
(3) Make contributions to meet any operating expenses of the Administration; and
(4) Contract with the Administration, any lender, or any trustee under an indenture or loan agreement made by the Administration.
(b) Unless otherwise authorized by law, the Administration:
(1) Does not have any power to impose any commitment or obligation on this State or any of its political subdivisions; and
(2) May not levy any tax.
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