# Economic Development (GEC)

## Title 5. Economic Development and Financial Assistance Programs

### Subtitle 13. Brac Revitalization and Incentive Zones

#### Section 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 Sec. 5-1303 of this subtitle; and

  (2) is designated as a BRAC Revitalization and Incentive Zone by the Secretary under Sec. 5-1304 of this subtitle.

(d) "Enterprise zone" has the meaning stated in Sec. 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, Sec. 62 of the Charter of Baltimore City.

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Md. Code Ann., Econ. Dev. (as displayed at mgaleg.maryland.gov, October 16, 2026)