§ 5-1301

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A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

§5–1301.

(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.