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<section article="gec" article_name="Economic Development" number="5-1304" title_number="5" title_name="Economic Development and Financial Assistance Programs" subtitle_number="13" subtitle_name="Brac Revitalization and Incentive Zones">
  <level label="a">
    <level label="1">
      <text>Within 60 days after a submission date, the Secretary, after receiving a recommendation of the Smart Growth Subcabinet, may designate one or more BRAC Revitalization and Incentive Zones from among the areas described in the applications timely submitted.</text>
    </level>
    <level label="2">
      <text>The designation of an area as a BRAC Revitalization and Incentive Zone is effective for 10 years, beginning on the date the first property in the BRAC Revitalization and Incentive Zone becomes a qualified property, as defined in § 2–222 of the Tax – Property Article.</text>
    </level>
    <level label="3">
      <text>The Secretary may not designate more than six BRAC Revitalization and Incentive Zones in a calendar year.</text>
    </level>
    <level label="4">
      <text>A county may not receive more than two BRAC Revitalization and Incentive Zones.</text>
    </level>
    <level label="5">
      <text>The precise location and boundaries of a BRAC Revitalization and Incentive Zone may be determined only on application to and approval by the Secretary.</text>
    </level>
  </level>
  <level label="b">
    <text>The designation of the Secretary is final.</text>
  </level>
  <level label="c">
    <text>At any time, a political subdivision may reapply to the Secretary to designate as a BRAC Revitalization and Incentive Zone an area that is not designated.</text>
  </level>
  <level label="d">
    <level label="1">
      <text>This subsection applies only to a political subdivision that is authorized under § 7–211.3 of the Tax – Property Article to enter into a payment in lieu of tax agreement with a private developer for federal enclave property.</text>
    </level>
    <level label="2">
      <text>The Secretary may not designate a BRAC Revitalization and Incentive Zone in a county until, in the judgment of the Secretary, the political subdivision has entered into good faith negotiations for a payment in lieu of tax agreement with all private developers of federal enclave property.</text>
    </level>
  </level>
</section>
