# Sec. 10-235.13. Definitions

Codified through Bill No. CB-018-2026, adopted May 12, 2026, effective July 24, 2026. Source: Municode, Supplement 2026 Update 2. Editorial notes and legislative history omitted.

## Sec. 10-235.13. Definitions

Prince George's County, Md., Code § 10-235.13 (2026)

(a) In this Subdivision, the following words have the meanings indicated.

  (1) Affiliate means a person:

    (A) that directly or indirectly owns at least 80% of a business entity; or

    (B) 80% of which is owned, directly or indirectly, by a business entity.

  (2) Business Entity means a person conducting a trade or business in the State of Maryland, that is subject to the State individual or corporate income tax, insurance premiums tax, financial institutions franchise tax, or public service company franchise tax.

  (3) Director means the Director of the Office of Finance or the Director's designee.

  (4) Enhanced New Jobs Tax Credit means the credit granted under this Subdivision to a qualified business entity against the County property tax imposed on the new or expanded premises that qualify under state law for an enhanced new jobs tax credit and the personal property located on those premises.

  (5) New Jobs Tax Credit means the credit granted under this Subdivision to a qualified business entity against the County property tax imposed on the new or expanded premises and the personal property located on those premises.

  (6)

    (A) New Permanent Full-time Position means a position that is:

      (i) a full-time position of indefinite duration;

      (ii) located in Maryland;

      (iii) newly created, as a result of the establishment of a business facility in Maryland; and

      (iv) filled.

    (B) New Permanent Full-time Position does not include a position that is:

      (i) created when an employment function is shifted from an existing facility of the business entity or its affiliates located in Maryland to another business facility of the same business entity or its affiliates, if the position does not represent a net new job in the State.

      (ii) created through a change in ownership of a trade or business;

      (iii) created through a consolidation, merger, or restructuring of a business entity or its affiliates, if the position does not represent a net new job in the State;

      (iv) created when an employment function is contractually shifted from an existing business entity or its affiliates, located in the State to another business entity or its affiliates, if the position does not represent a net new job in the State; or

      (v) filled for a period of less than 12 months.

  (7) New or Expanded Premises means real property, including a building or part of a building that has not been previously occupied, where a business entity or its affiliates locate to conduct business.

  (8) Notification Date means the date on which the business entity provides written notice to the County as required under Section 10-235.18 of this Subdivision.