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§ 25-402. Imposition of system development charge

MD Pub Util Code § 25-402 (2019) (N/A)
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(a)    In addition to any other charges authorized under this division, the Commission may impose a system development charge that shall be paid by an applicant for new service.

(b)    The system development charge shall be paid as follows:

(1)    for residential properties:

(i)    50% at the time the plumbing permit application is filed; and

(ii)    50% within 12 months after the earlier of the date on which a plumbing permit application is filed or on transfer of title to the property; and

(2)    for other properties, 100% at the time the plumbing permit application is filed.

(c)    When the applicant files the plumbing permit application, the applicant shall deposit with the Commission security:

(1)    in the form of an irrevocable letter of credit;

(2)    in the form of a financial guaranty bond; or

(3)    in a form the Commission establishes and approves under its regulations.

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§ 25-401. Definitions.
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§ 25-403. Amount of system development charge