- A. For purposes of designating enterprise zones and focus areas in enterprise zones within the State, the following terms have the meanings indicated.
B. Terms Defined.
- (1) “Area” means a geographic area within one or more political subdivisions within the State described by a closed perimeter boundary.
(2) Business Entity.
- (a) “Business entity” means a person operating or conducting a trade or business.
- (b) Except as provided in Tax-Property Article, §9-103, Annotated Code of Maryland, “business entity” does not include a person owning, operating, developing, constructing, or rehabilitating property intended for use primarily as a single or multifamily residential property located within an enterprise zone.
- (3) “Census” means the United States Census of Population.
- (4) “Chronic abandonment” means a condition where there is frequent giving up of land or buildings, or both, with no intent to return or reclaim.
- (5) “Department” means the Department of Commerce.
(6) “Enterprise zone” means an area:
- (a) Meeting certain specific requirements and so designated by the Secretary; or
- (b) So designated by the United States Government, subject however to Regulation .07D of this chapter.
- (7) “Enterprise zone incentives” means the financial incentives described in Economic Development Article, §5-707, Annotated Code of Maryland, for a business entity locating, investing, or expanding in an enterprise zone.
(8) “Focus area” means an area:
- (a) Meeting the requirements of Economic Development Article, §5-706, Annotated Code of Maryland, and this chapter; and
- (b) Designated as a focus area by the Secretary pursuant to Economic Development Article, §5-706, Annotated Code of Maryland, and this chapter.
- (9) “Fund” means the Enterprise Zone Venture Capital Guarantee Fund.
- (10) “Political subdivision” means any county or municipal corporation.
- (11) “Secretary” means the Secretary of Commerce.
- (12) “Submission date” means April 15 and October 15 of any calendar year.
Authority: Economic Development Article, §2-108 and Title 5, Subtitle 7, Annotated Code of Maryland
Effective date: September 13, 1982 (9:18 Md. R. 1798)
Regulation .05I adopted effective April 25, 1983 (10:8 Md. R. 1798)
Regulations .05D, E and .08C amended effective April 25, 1983 (10:8 Md. R. 1724)
Regulation .09 amended effective July 2, 1984 (11:13 Md. R. 1175)
Chapter recodified from COMAR 05.04.04 to COMAR 24.05.01
Chapter revised effective August 3, 1992 (19:15 Md. R. 1394)
Chapter revised effective June 26, 2000 (27:12 Md. R. 1142)
Regulation .06 amended effective March 16, 2026 (53:5 Md. R. 246)
Regulation .08E amended effective March 16, 2026 (53:5 Md. R. 246)
Regulation .08F adopted effective March 16, 2026 (53:5 Md. R. 246)
Regulation .10 amended effective August 13, 2007 (34:16 Md. R. 1433)
Regulation .10B amended effective March 16, 2026 (53:5 Md. R. 246)
Regulation .14A amended effective December 25, 2000 (27:25 Md. R. 2284)