5910.1 Caps for Eligible Areas 1, 2, and 3 on the total amount of tax abatements authorized under the Act are as follows:
- (a) The DMED may approve up to $ 2.5 million in annual tax abatements for Eligible Area # 1;
- (b) The DMED may approve up to $ 2 million in annual tax abatements for Eligible Area # 2; and
- (c) The DMED may approve up to $ 2.5 million in annual tax abatements for Eligible Area # 3.
SOURCE: Final Rulemaking published at 50 DCR 553 (January 17, 2003).