Md. Code, Economic Development § 5-1301
This is the official text of Md. Code, Economic Development § 5-1301, part of Maryland’s Code, Economic Development — governs the state's economic development programs.
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§5–1301.
Official statutory text
(a) In this subtitle the following words have the meanings indicated.
(b) “Area” means a geographic area within one or more political subdivisions within the State described by a closed perimeter boundary.
(c) “BRAC Revitalization and Incentive Zone” means an area that:
(1) meets the requirements of § 5–1303 of this subtitle; and
(2) is designated as a BRAC Revitalization and Incentive Zone by the Secretary under § 5–1304 of this subtitle.
(d) “Enterprise zone” has the meaning stated in § 5–701 of this title.
(e) “Political subdivision” means any county or municipal corporation.
(f) “Submission date” means the date the Secretary receives an application from a political subdivision for designation of a BRAC Revitalization and Incentive Zone.
(g) “Tax increment financing bonds” means bonds issued by:
(1) a political subdivision under Title 12, Subtitle 2 of this article; or
(2) Baltimore City under Article II, § 62 of the Charter of Baltimore City.
(b) “Area” means a geographic area within one or more political subdivisions within the State described by a closed perimeter boundary.
(c) “BRAC Revitalization and Incentive Zone” means an area that:
(1) meets the requirements of § 5–1303 of this subtitle; and
(2) is designated as a BRAC Revitalization and Incentive Zone by the Secretary under § 5–1304 of this subtitle.
(d) “Enterprise zone” has the meaning stated in § 5–701 of this title.
(e) “Political subdivision” means any county or municipal corporation.
(f) “Submission date” means the date the Secretary receives an application from a political subdivision for designation of a BRAC Revitalization and Incentive Zone.
(g) “Tax increment financing bonds” means bonds issued by:
(1) a political subdivision under Title 12, Subtitle 2 of this article; or
(2) Baltimore City under Article II, § 62 of the Charter of Baltimore City.
Status: in_force · Read it on the official government site
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