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§ 18-310. Prince George’s County; agreement to pay property taxes on tax increment in extraordi...

West's Annotated Code of MarylandLand UseEffective: June 1, 2016

West's Annotated Code of Maryland
Land Use (Refs & Annos)
Division II. Maryland-National Capital Park and Planning Commission [Titles 14-27] (Refs & Annos)
Title 18. Finances (Refs & Annos)
Subtitle 3. Taxes (Refs & Annos)
Effective: June 1, 2016
MD Code, Land Use, § 18-310
§ 18-310. Prince George’s County; agreement to pay property taxes on tax increment in extraordinary development district
The Commission may not enter into an agreement with Prince George's County to pay all or a portion of the property taxes levied by the county under §§ 18-304, 18-306, and 18-307 of this subtitle on the tax increment in an extraordinary development district in the county to the county for deposit into a special fund for an extraordinary development district under § 12-210 of the Economic Development Article until:
(1) the governing body of Prince George's County has adopted a resolution designating the extraordinary development district; and
(2) the Commission has adopted a resolution approving the agreement.

Credits

Added by Acts 2016, c. 304, § 1, eff. June 1, 2016.
MD Code, Land Use, § 18-310, MD LAND USE § 18-310
Current through legislation effective through May 9, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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