(a)      In this section, "product" or "technology" does not include water or sewer service provided as part of the primary mission of the WSSC in the sanitary district or through systems connected directly to and operated as part of the sanitary district.

      (b)      (1)      Subject to subsection (c) of this section, the WSSC may sell, lease, or license to the public, or enter into a contract concerning:

                  (i)      Any product or technology that is produced or developed by the WSSC in the normal course of its operations, including patents, trademarks, and copyrights;

                  (ii)      Any service directly related to such a product or technology; or

                  (iii)      Any system, service, expertise, intellectual property, or technique developed, owned, or controlled by or under the jurisdiction of the WSSC.

            (2)      The WSSC may adopt a price structure for an item described or authorized under paragraph (1) of this subsection based on any factors that the WSSC considers relevant, including:

                  (i)      The costs of creating, developing, reproducing, and delivering the product or technology;

                  (ii)      Overhead and labor costs; and

                  (iii)      The fair market value of the product or technology.

      (c)      (1)      The WSSC shall account for expenditures and revenues resulting from sales under this section by establishing a separate set of accounts.

            (2)      These accounts shall be itemized and included in the annual budget of the WSSC.

      (d)      The WSSC shall use any net revenues earned from projects and contracts entered into under this section to stabilize or reduce rates and to reduce debt.

      (e)      (1)      Initial program development costs may be financed from WSSC funding sources other than revenue bond proceeds only if those costs are reimbursed from project revenues.

            (2)      Other project costs may be financed from WSSC sources other than revenue bond proceeds only if those costs are reimbursed from project revenues.

      (f)      Any project, contract, or transaction entered into pursuant to this section that utilizes revenue bonds issued under Title 4, Subtitle 2 of this article shall be entered into by the WSSC only through the use of a limited liability company, limited liability partnership, limited partnership, or other comparable limited liability entity or arrangement.

      (g)      Funding of initial program costs under subsection (e)(1) of this section and other project costs under subsection (e)(2) of this section may not, in any fiscal year, exceed an amount equal to 3 percent of the gross revenues of the WSSC from water consumption charges and sewer use charges for the immediately preceding fiscal year.