§24–512.

    (a)    Notwithstanding the provisions of Title 10, Subtitle 3 of the State Finance and Procurement Article, the Commission may sell, convey, assign, lease, or otherwise transfer or dispose of any real property acquired or held by it, and enter into any contracts incident thereto, for such term and such conditions as the Commission deems appropriate, except:

        (1)    Real property valued in excess of $5,000.00 may not be sold without the prior approval of the Board of Public Works; and

        (2)    Leases entered into by the Commission must be made in furtherance of the purposes of the Commission.

    (b)    (1)    Except as otherwise set forth in this subtitle, the Commission is exempt from the provisions of Division II of the State Finance and Procurement Article, Division I of the State Personnel and Pensions Article, and the State Administrative Procedure Act.

        (2)    Capital projects of the Commission are subject to Titles 3 and 4 of the State Finance and Procurement Article to the extent of any appropriation of capital funds by the General Assembly.

        (3)    The Commission and its officers and employees are subject to:

            (i)    The Maryland Public Ethics Law established in Title 5 of the General Provisions Article;

            (ii)    The Public Information Act established in Title 4 of the General Provisions Article; and

            (iii)    The Open Meetings Act established in Title 3 of the General Provisions Article.

    (c)    The Commission shall procure noncapital goods and services in accordance with the procurement policies and procedures established by St. Mary’s College of Maryland pursuant to § 14-405 of this article.

    (d)    For purposes of applying for, receiving, and entering into agreements in connection with loans, grants, insurance, or other forms of financial assistance from the State or its agencies or instrumentalities, the Historic St. Mary’s City Commission may be deemed to be a:

        (1)    Public body within the meaning of the Maryland Industrial Development Financing Authority Act;

        (2)    Political subdivision within the meaning of the Maryland Industrial Land Act and the Maryland Industrial and Commercial Redevelopment Fund Act; and

        (3)    State or local project eligible under §§ 5-904 and 5-905 of the Natural Resources Article.

    (e)    All gifts of tangible or intangible property as well as cash donations to the Commission are charitable contributions eligible as a deduction against income taxes as permitted by State and federal law.