Maryland § 8-104
Full text of Maryland Maryland Code § 8-104, with citation guidance and answers to common questions.
§ 8-104.
(a) In this Part II of this subtitle the following words have the meanings indicated.
(b) “Committee” means the Capital Debt Affordability Committee.
(c) (1) “Tax supported debt” means:
(i) State debt; and
(ii) other forms of debt, including State agency capital leases supported in whole or part by State tax revenues and debt of the Department of Transportation, the Maryland Stadium Authority, and other units of State government which, in the opinion of the Committee, are supported directly or indirectly by State tax revenues.
(2) “Tax supported debt” does not include capital leases used to finance energy performance contracts entered into under § 12–301 of this article, if, as determined by the Committee, energy savings that are guaranteed by the contractor:
(i) equal or exceed the capital lease payments on an annual basis; and
(ii) are monitored in accordance with reporting requirements adopted by the Committee.
Frequently Asked Questions About Maryland § 8-104
What does Maryland Code § 8-104 cover?
Section 8-104 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 § 8-104?
A common citation format is "Maryland Code § 8-104" (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 § 8-104 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.