<?xml version='1.0' encoding='utf-8'?>
<regulation prefix="Regulation" num=".12" citation="COMAR 05.20.06.12" title_num="05" subtitle_num="20" chapter_num="06" heading="Tax Credit Availability.">
  <text>Except as provided in Regulation .08 of this chapter, the Secretary may not:</text>
  <paragraph num="A.">
    <text>Accept applications and award an initial credit certificate for more than one catalytic revitalization project within a 2-year period; or</text>
  </paragraph>
  <paragraph num="B.">
    <text>Issue tax credit certificates for credit amounts in the aggregate totaling more than $15,000,000 within a 2-year period.</text>
  </paragraph>
</regulation>