Maryland Code, NATURAL RESOURCES 3-907.1

Bonds: means all bonds, bond anticipation notes, revenue anticipation notes, grant anticipation notes, or other evidences of indebtedness of the Authority, whether general or limited obligations of the Authority. See

(a) Beginning June 1, 2023, the Authority may not issue bonds.

(b) Subsection (a) of this section does not impair the Authority’s powers and authority regarding:

(1) Any bonds that, as of June 1, 2023, are outstanding and unpaid; or

(2) Any contracts that, as of June 1, 2023, rely on the Authority’s bonding authority.