Sec. 14.26.06.03. Definitions

A. In this chapter, the following terms have the meanings indicated.

B. Terms Defined.

(1) "Administration" means the Maryland Energy Administration.

(2) "Co-firing" means the use of a mixture of forest products or agricultural residue in combination with coal to generate electricity.

(3) "Corporation" has the meaning stated in Tax-General Article, §10-101(c), Annotated Code of Maryland.

(4) "Individual" has the meaning stated in Tax-General Article, §10-101(g), Annotated Code of Maryland.

(5) Except for facilities utilizing old growth timber or mill residue consisting of sawdust or wood shavings to generate electricity, "qualified energy resource" has the meaning stated in the Internal Revenue Code (IRC) 26 U.S.C. §45(c)(1).

(6) "Qualified Maryland facility" means a facility located in the State that:

(a) Primarily uses qualified energy resources to produce electricity and is originally placed in service on or after January 1, 2006, but before January 1, 2011; or

(b) Produces electricity from a qualified energy resource that is co-fired with coal and initially begins co-firing a qualified energy resource on or after January 1, 2006, but before January 1, 2011, regardless of when the original facility was placed in service.

(7) "Related person" has the meaning stated in 26 U.S.C. §45.