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<section article="gec" article_name="Economic Development" number="12-207" title_number="12" title_name="Local Development Authorities and Resources" subtitle_number="2" subtitle_name="Tax Increment Financing Act">
  <level label="a">
    <text>Except as provided in subsections (b) and (e) of this section, bond proceeds may be used only:</text>
    <level label="1">
      <text>to buy, lease, condemn, or otherwise acquire property, or an interest in property:</text>
      <level label="i">
        <text>in the development district, a RISE zone, or a sustainable community; or</text>
      </level>
      <level label="ii">
        <text>needed for a right–of–way or other easement to or from the development district, a RISE zone, or a sustainable community;</text>
      </level>
    </level>
    <level label="2">
      <text>for site removal;</text>
    </level>
    <level label="3">
      <text>for surveys and studies;</text>
    </level>
    <level label="4">
      <text>to relocate businesses or residents;</text>
    </level>
    <level label="5">
      <text>to install utilities, construct parks and playgrounds, and for other needed improvements including:</text>
      <level label="i">
        <text>roads to, from, or in the development district;</text>
      </level>
      <level label="ii">
        <text>parking; and</text>
      </level>
      <level label="iii">
        <text>lighting;</text>
      </level>
    </level>
    <level label="6">
      <text>to construct or rehabilitate buildings for a governmental purpose or use;</text>
    </level>
    <level label="7">
      <text>for reserves or capitalized interest;</text>
    </level>
    <level label="8">
      <text>for necessary costs to issue bonds; and</text>
    </level>
    <level label="9">
      <text>to pay the principal of and interest on loans, advances, or indebtedness that a political subdivision incurs for a purpose specified in this section.</text>
    </level>
  </level>
  <level label="b">
    <level label="1">
      <text>This subsection applies to a sustainable community identified under § 12–203 of this subtitle.</text>
    </level>
    <level label="2">
      <text>In addition to the purposes under subsection (a) of this section and without limiting the purposes in subsection (a) of this section, bond proceeds may be used in a sustainable community for:</text>
      <level label="i">
        <text>historic preservation or rehabilitation;</text>
      </level>
      <level label="ii">
        <text>environmental remediation, demolition, and site preparation;</text>
      </level>
      <level label="iii">
        <text>parking lots, facilities, or structures of any type whether for public or private use;</text>
      </level>
      <level label="iv">
        <text>highways as defined in § 8–101 of the Transportation Article or transit service as defined in § 7–101 of the Transportation Article that support sustainable communities;</text>
      </level>
      <level label="v">
        <text>schools;</text>
      </level>
      <level label="vi">
        <text>affordable or mixed income housing; and</text>
      </level>
      <level label="vii">
        <text>stormwater management and storm drain facilities.</text>
      </level>
    </level>
  </level>
  <level label="c">
    <level label="1">
      <text>In addition to the purposes listed in subsection (a) of this section, the proceeds from bonds that Prince George’s County or the revenue authority of Prince George’s County issues may be used:</text>
      <level label="i">
        <text>for convention, conference, or visitors’ centers;</text>
      </level>
      <level label="ii">
        <text>for the acquisition, construction, or rehabilitation of an immersive entertainment venue located within an extraordinary development district;</text>
      </level>
      <level label="iii">
        <text>to maintain infrastructure improvements and convention, conference, or visitors’ centers;</text>
      </level>
      <level label="iv">
        <text>to market development district facilities and other improvements; and</text>
      </level>
      <level label="v">
        <text>for the purpose of encouraging redevelopment in those areas listed in paragraph (2) of this subsection, to install infrastructure improvements, including:</text>
        <level label="1">
          <text>streets;</text>
        </level>
        <level label="2">
          <text>parking structures of any type whether for public or private use;</text>
        </level>
        <level label="3">
          <text>utilities;</text>
        </level>
        <level label="4">
          <text>street lights;</text>
        </level>
        <level label="5">
          <text>stormwater management and storm drain facilities;</text>
        </level>
        <level label="6">
          <text>fencing;</text>
        </level>
        <level label="7">
          <text>noise walls;</text>
        </level>
        <level label="8">
          <text>retaining walls;</text>
        </level>
        <level label="9">
          <text>trails;</text>
        </level>
        <level label="10">
          <text>sidewalks;</text>
        </level>
        <level label="11">
          <text>pedestrian and vehicular bridges; and</text>
        </level>
        <level label="12">
          <text>park facilities.</text>
        </level>
      </level>
    </level>
    <level label="2">
      <text>The purpose of the authority granted by paragraph (1)(v) of this subsection is to encourage redevelopment in:</text>
      <level label="i">
        <text>revitalization areas designated by the county;</text>
      </level>
      <level label="ii">
        <text>mixed use centers;</text>
      </level>
      <level label="iii">
        <text>blighted areas; and</text>
      </level>
      <level label="iv">
        <text>the Developed Tier, growth corridors, and growth centers, as defined in the county General Plan.</text>
      </level>
    </level>
  </level>
  <level label="d">
    <level label="1">
      <text>In addition to the purposes listed in subsection (a) of this section, the proceeds from bonds that a municipal corporation issues may be used for the purpose of encouraging redevelopment in those areas listed in paragraph (2) of this subsection, to install infrastructure improvements, including:</text>
      <level label="i">
        <text>streets;</text>
      </level>
      <level label="ii">
        <text>parking structures of any type whether for public or private use;</text>
      </level>
      <level label="iii">
        <text>utilities;</text>
      </level>
      <level label="iv">
        <text>street lights;</text>
      </level>
      <level label="v">
        <text>stormwater management and storm drain facilities;</text>
      </level>
      <level label="vi">
        <text>fencing;</text>
      </level>
      <level label="vii">
        <text>noise walls;</text>
      </level>
      <level label="viii">
        <text>retaining walls;</text>
      </level>
      <level label="ix">
        <text>trails;</text>
      </level>
      <level label="x">
        <text>sidewalks;</text>
      </level>
      <level label="xi">
        <text>pedestrian and vehicular bridges; and</text>
      </level>
      <level label="xii">
        <text>park facilities.</text>
      </level>
    </level>
    <level label="2">
      <text>The purpose of the authority granted by paragraph (1) of this subsection is to encourage redevelopment in:</text>
      <level label="i">
        <text>revitalization areas designated by a county or municipal corporation;</text>
      </level>
      <level label="ii">
        <text>mixed use centers;</text>
      </level>
      <level label="iii">
        <text>blighted areas; and</text>
      </level>
      <level label="iv">
        <text>developed areas and growth areas, as defined in a county or municipal corporation land use plan.</text>
      </level>
    </level>
  </level>
  <level label="e">
    <level label="1">
      <text>This subsection applies to a RISE zone identified under § 12–203 of this subtitle.</text>
    </level>
    <level label="2">
      <text>In addition to the purposes under subsection (a) of this section and without limiting the purposes in subsection (a) of this section, bond proceeds may be used in a RISE zone for:</text>
      <level label="i">
        <text>historic preservation or rehabilitation;</text>
      </level>
      <level label="ii">
        <text>environmental remediation, demolition, and site preparation;</text>
      </level>
      <level label="iii">
        <text>parking lots, facilities, or structures of any type whether for public or private use;</text>
      </level>
      <level label="iv">
        <text>schools;</text>
      </level>
      <level label="v">
        <text>affordable or mixed income housing;</text>
      </level>
      <level label="vi">
        <text>stormwater management and storm drain facilities;</text>
      </level>
      <level label="vii">
        <text>innovation centers and laboratory facilities, or structures of any type whether for public or private use, including maintenance and installation of improvements in the structures and services that support the purposes of the RISE zone program; and</text>
      </level>
      <level label="viii">
        <text>any other facilities or structures of any type whether for public or private use that support the purposes of the RISE zone program.</text>
      </level>
    </level>
  </level>
  <level label="f">
    <text>In addition to the purposes listed in subsection (a) of this section, the proceeds from bonds issued by the County Commissioners of Washington County may be used for:</text>
    <level label="1">
      <text>demolition or site removal, including on property that is privately owned and intended to remain privately owned;</text>
    </level>
    <level label="2">
      <text>pedestrian or vehicular bridges or overpasses, including railroad crossings and related improvements; or</text>
    </level>
    <level label="3">
      <text>parking lots, facilities, or structures of any type, whether:</text>
      <level label="i">
        <text>publicly or privately owned; or</text>
      </level>
      <level label="ii">
        <text>available for public or private use.</text>
      </level>
    </level>
  </level>
  <level label="g">
    <text>In addition to the purposes listed in subsection (a) of this section, the proceeds from bonds issued by Charles County may be used:</text>
    <level label="1">
      <text>for convention centers, conference centers, or visitors’ centers;</text>
    </level>
    <level label="2">
      <text>to maintain infrastructure improvements, convention centers, conference centers, or visitors’ centers; and</text>
    </level>
    <level label="3">
      <text>to market development district facilities and other improvements.</text>
    </level>
  </level>
</section>
