§ 5-1301. Definitions

MD Econ Dev Code § 5-1301 (2019) (N/A)
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(a)    In this subtitle the following words have the meanings indicated.

(b)    “Area” means a geographic area within one or more political subdivisions within the State described by a closed perimeter boundary.

(c)    “BRAC Revitalization and Incentive Zone” means an area that:

(1)    meets the requirements of § 5–1303 of this subtitle; and

(2)    is designated as a BRAC Revitalization and Incentive Zone by the Secretary under § 5–1304 of this subtitle.

(d)    “Enterprise zone” has the meaning stated in § 5–701 of this title.

(e)    “Political subdivision” means any county or municipal corporation.

(f)    “Submission date” means the date the Secretary receives an application from a political subdivision for designation of a BRAC Revitalization and Incentive Zone.

(g)    “Tax increment financing bonds” means bonds issued by:

(1)    a political subdivision under Title 12, Subtitle 2 of this article; or

(2)    Baltimore City under Article II, § 62 of the Charter of Baltimore City.