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<section article="gec" article_name="Economic Development" number="5-1301" title_number="5" title_name="Economic Development and Financial Assistance Programs" subtitle_number="13" subtitle_name="Brac Revitalization and Incentive Zones">
  <level label="a">
    <text>In this subtitle the following words have the meanings indicated.</text>
  </level>
  <level label="b">
    <text>“Area” means a geographic area within one or more political subdivisions within the State described by a closed perimeter boundary.</text>
  </level>
  <level label="c">
    <text>“BRAC Revitalization and Incentive Zone” means an area that:</text>
    <level label="1">
      <text>meets the requirements of § 5–1303 of this subtitle; and</text>
    </level>
    <level label="2">
      <text>is designated as a BRAC Revitalization and Incentive Zone by the Secretary under § 5–1304 of this subtitle.</text>
    </level>
  </level>
  <level label="d">
    <text>“Enterprise zone” has the meaning stated in § 5–701 of this title.</text>
  </level>
  <level label="e">
    <text>“Political subdivision” means any county or municipal corporation.</text>
  </level>
  <level label="f">
    <text>“Submission date” means the date the Secretary receives an application from a political subdivision for designation of a BRAC Revitalization and Incentive Zone.</text>
  </level>
  <level label="g">
    <text>“Tax increment financing bonds” means bonds issued by:</text>
    <level label="1">
      <text>a political subdivision under Title 12, Subtitle 2 of this article; or</text>
    </level>
    <level label="2">
      <text>Baltimore City under Article II, § 62 of the Charter of Baltimore City.</text>
    </level>
  </level>
</section>
