Md. Code, Land Use § 18-310

Current with changes from the 2024 Legislative Session

Section 18-310 - Prince George's County - Extraordinary development districts

The Commission may not enter into an agreement with Prince George's County to pay all or a portion of the property taxes levied by the county under §§ 18-304, 18-306, and 18-307 of this subtitle on the tax increment in an extraordinary development district in the county to the county for deposit into a special fund for an extraordinary development district under § 12-210 of the Economic Development Article until:

(1) the governing body of Prince George's County has adopted a resolution designating the extraordinary development district; and

(2) the Commission has adopted a resolution approving the agreement.

Md. Code, LU § 18-310

Added by 2016 Md. Laws, Ch. 304,Sec. 1, eff. 6/1/2016.