§ 21–503
Statutes in effect as of October 1, 2026.
Md. Code Ann., Local Gov't § 21-503 (2026)
Title 21. Special Taxing Districts
Subtitle 5. Districts for Infrastructure Improvements for Selected Counties
§ 21–503LinkCopy Citation
(a)
For any purpose stated in § 21–504(a)(1) of this subtitle, a county may:
(1)
establish a special taxing district;
(2)
impose ad valorem or special taxes; and
(3)
issue bonds.
(b)
(1)
For any purpose stated in § 21–504(a)(2) of this subtitle, a county may:
(i)
establish special taxing districts;
(ii)
impose ad valorem or special taxes; and
(iii)
pledge funds under an agreement to:
(1)
secure payment on MEDCO obligations;
(2)
pay the costs of infrastructure improvements located in or supporting a transit–oriented development or a State hospital redevelopment; and
(3)
pay the costs of operating and maintaining infrastructure improvements located in or supporting a transit–oriented development or a State hospital redevelopment.
(2)
An agreement pledging funds as described in paragraph (1)(iii) of this subsection shall:
(i)
be authorized by an ordinance or resolution of the county;
(ii)
be in writing;
(iii)
be executed on behalf of the county making the pledge, the Maryland Economic Development Corporation, and any other person or entity that the governing body of the county determines; and
(iv)
benefit, and be enforceable on behalf of, the holders of any MEDCO obligation secured by the agreement.
(c)
(1)
Notwithstanding any other provision of law, a county may establish a special taxing district, issue bonds, or impose an ad valorem or special tax under this subtitle only if a request to the county is made by both:
(i)
the owners of at least two–thirds of the assessed valuation of the real property located in the special taxing district; and
(ii)
at least two–thirds of the owners of the real property located in the special taxing district.
(2)
For purposes of paragraph (1)(ii) of this subsection:
(i)
multiple owners of a single parcel are treated as a single owner; and
(ii)
a single owner of multiple parcels is treated as one owner.