§ 5–705
Statutes in effect as of October 1, 2026.
Md. Code Ann., Econ. Dev. § 5-705 (2026)
Title 5. Economic Development and Financial Assistance Programs
Subtitle 7. Enterprise Zones
§ 5–705LinkCopy Citation
(a)
(1)
A political subdivision may apply to the Secretary to expand an existing enterprise zone in the same manner as the political subdivision would apply to designate a new enterprise zone.
(2)
The Secretary may grant an expansion of an enterprise zone into an area that meets the requirements of § 5–704 of this subtitle.
(3)
For purposes of § 5–704(b) of this subtitle, an expansion of an enterprise zone that does not exceed 25% of the existing geographic area of the enterprise zone does not count towards the limit on the number of enterprise zones that:
(i)
the Secretary may designate in a calendar year; or
(ii)
a county may receive in a calendar year.
(b)
(1)
The Secretary may grant one extraordinary expansion of an enterprise zone in the State each calendar year for an area that:
(i)
meets the requirements of § 5–704 of this subtitle; and
(ii)
in the determination of the Secretary, has suffered a significant loss of economic base or merits inclusion in an enterprise zone for a compelling economic reason.
(2)
For purposes of § 5–704(b) of this subtitle, an extraordinary expansion of an enterprise zone does not count towards the limit on the number of enterprise zones that:
(i)
the Secretary may designate in a calendar year; or
(ii)
a county may receive in a calendar year.