Maryland § 5-2003
Full text of Maryland Maryland Code § 5-2003, with citation guidance and answers to common questions.
§ 5-2003.
(a) Subject to the limitations of this section, the Department shall provide a grant to an individual or a corporation equal to 25% of the qualified capital expenses incurred in connection with:
(1) the establishment of a new winery or vineyard; or
(2) capital improvements made to an existing winery or vineyard.
(b) (1) An individual or a corporation who paid or incurred qualified capital expenses during the immediately preceding calendar year may submit an application to the Department for a grant authorized under this section.
(2) (i) For any fiscal year, the total amount of grants approved by the Department under this section may not exceed the total appropriation for the Program for that fiscal year.
(ii) If the total amount of grants applied for under this section exceeds the maximum specified under subparagraph (i) of this paragraph, the Department shall approve a grant for each applicant in an amount equal to the product of multiplying the amount applied for by the applicant times a fraction:
1. the numerator of which is the maximum specified under subparagraph (i) of this paragraph; and
2. the denominator of which is the total of all grants applied for by all applicants for that calendar year.
(3) The Department shall award the grants authorized under this section to each eligible applicant.
(c) For each fiscal year, the Governor shall include in the annual budget bill an appropriation of at least $1,000,000 to the Department to award grants under the Program.
(d) The Department shall adopt regulations to:
(1) implement the provisions of this section; and
(2) specify criteria and procedures for application for, approval of, and monitoring continuing eligibility for the grants authorized under this section.
Frequently Asked Questions About Maryland § 5-2003
What does Maryland Code § 5-2003 cover?
Section 5-2003 is part of the Maryland Code, the codified statutory law of Maryland. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Maryland § 5-2003?
A common citation format is "Maryland Code § 5-2003" (Maryland). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Maryland law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maryland official source linked on this page or consult a licensed Maryland attorney.
How does Maryland § 5-2003 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maryland can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Maryland.