- (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.
Added as Economic Development § 5-1201 by Acts 2008, c. 338, § 1, eff. Oct. 1, 2008. Renumbered as Economic Development § 5-1301 and amended by Acts 2008, c. 36, § 6, eff. April 8, 2008.