Maryland § 18-3102

§ 18-3102.

    (a)    Before Montgomery County may establish the Montgomery County Student Loan Refinancing Authority, the county shall:

        (1)    Study aspects of implementing the Authority in accordance with State and county law, including:

            (i)    Performing a feasibility and demand study;

            (ii)    Assessing the potential benefit to recruitment and retention of county and school system employees; and

            (iii)    Studying the operation of similar programs in other systems, including operating costs;

        (2)    Hold public hearings; and

        (3)    Provide an opportunity for public comment.

    (b)    If Montgomery County decides to establish the Authority as authorized in § 18–3101 of this subtitle, the county’s governing body must pass an ordinance that creates the Authority in accordance with this subtitle.