§ 21–412
Statutes in effect as of October 1, 2026.
Md. Code Ann., Local Gov't § 21-412 (2026)
Title 21. Special Taxing Districts
Subtitle 4. Municipal Special Taxing Districts
§ 21–412LinkCopy Citation
(a)
By resolution, the governing body of a municipality:
(1)
may designate an area as a special taxing district; and
(2)
shall create a special fund with respect to the special taxing district.
(b)
A resolution creating a special fund under subsection (a) of this section shall:
(1)
pledge to the special fund the proceeds of the ad valorem or special tax to be imposed as provided under § 21–414 of this subtitle; and
(2)
require that the proceeds from the tax be paid into the special fund.