The Mayor and City Council of Baltimore City or the governing body of a county or municipality may designate, by law, an area within the political subdivision as a tourism zone. In designating a tourism zone under subsection (a) of this section, the political subdivision may provide, by law, for: the duration of the designation; and eligibility criteria to qualify as a qualifying tourism enterprise. The designation of an area as a tourism zone does not preclude the area from also being designated as an arts and entertainment district under Title 4, Subtitle 7 of the Economic Development Article.