§ 5-1304. Designation--Procedure; limitations
West's Annotated Code of MarylandEconomic DevelopmentEffective: June 1, 2010
West's Annotated Code of Maryland
Economic Development (Refs & Annos)
Division I. Secretary of Commerce and Department of Commerce [Titles 1-8] (Refs & Annos)
Title 5. Economic Development and Financial Assistance Programs (Refs & Annos)
Subtitle 13. Brac Revitalization and Incentive Zones (Refs & Annos)
Effective: June 1, 2010
MD Code, Economic Development, § 5-1304
§ 5-1304. Designation--Procedure; limitations
(a)(1) Within 60 days after a submission date, the Secretary, after receiving a recommendation of the Smart Growth Subcabinet, may designate one or more BRAC Revitalization and Incentive Zones from among the areas described in the applications timely submitted.
(c) At any time, a political subdivision may reapply to the Secretary to designate as a BRAC Revitalization and Incentive Zone an area that is not designated.
(d)(1) This subsection applies only to a political subdivision that is authorized under § 7-211.3 of the Tax--Property Article to enter into a payment in lieu of tax agreement with a private developer for federal enclave property.
Credits
Added as Economic Development § 5-1204 by Acts 2008, c. 338, § 1, eff. Oct. 1, 2008. Renumbered as Economic Development § 5-1304 by Acts 2008, c. 36, § 6, eff. April 8, 2008. Amended by Acts 2009, c. 728, § 1, eff. June 1, 2009; Acts 2010, c. 487, § 1, eff. June 1, 2010.
MD Code, Economic Development, § 5-1304, MD ECON DEV § 5-1304
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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