Division 11. Stormwater Management District

There is hereby created a Stormwater Management District which includes all the land within the boundaries of Prince George's County, Maryland, except for land within the City of Bowie.

The Stormwater Management District shall be a special taxing district for the purpose of stormwater management. The County Council may establish by resolution one or more special taxing areas within the District.

Within the Stormwater Management District, the County shall exercise all the rights, powers, and responsibilities for stormwater management, which is defined as the planning, designing, acquisition, construction, demolition, maintenance, and operation of facilities, practices and programs for the control and disposition of storm and surface waters, including floodproofing and flood control and navigation, so as to make available to residents and property owners of the Stormwater Management District an efficient and safe operating service.

Pursuant to Article 29, Section 3-205 of the Annotated Code of Maryland, there is hereby imposed a direct ad valorem tax on all property assessed for tax purposes within the Storm Management District, except as otherwise provided in this Section, at a rate required to produce the amount needed to pay for stormwater management operations and activities within the District and to pay for the principal, interest and other obligations which shall become due and owing during the ensuing year to the holders of bonds issued by the Washington Suburban Sanitary Commission and by the County for stormwater management.

Taxes imposed under this Section shall be levied and collected in the same manner, have the same priority, bear the same interest and penalties, and be treated in all respects as other County property taxes, except as provided by State law.

The following property shall be exempt from the imposition of the Stormwater Management Tax:

There is hereby established and created an enterprise fund to be known as "Stormwater Management District Fund." It shall be operated in accordance with the provisions of this Section and Section 10-248.05.

All receipts and revenues from the ad valorem tax levied under this Division, and all charges, fees, fees in lieu, and other contributions received from any person or governmental agency in connection with storm management shall be paid into and appropriated from the Stormwater Management District Fund, as may be provided for in the County's approved current expense budget, and be made available to finance the cost to the County of stormwater management, including all outstanding obligations to holders of bonds issued for stormwater management by the Washington Suburban Sanitary Commission or the County.