§ 5–1301
Statutes in effect as of October 1, 2026.
Md. Code Ann., Econ. Dev. § 5-1301 (2026)
Title 5. Economic Development and Financial Assistance Programs
Subtitle 13. Brac Revitalization and Incentive Zones
§ 5–1301LinkCopy Citation
(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.