- A. The Secretary shall approve or reject an application for designation of a RISE Zone, including approval or modification of the proposed boundaries of the RISE Zone, within 120 days after the submission of the application.
- B. The Secretary shall notify the Legislative Policy Committee at least 45 days before approval or rejection of the application.
- C. The Legislative Policy Committee may provide advice to the Secretary regarding the approval or rejection of the RISE Zone or the boundaries of the RISE Zone proposed by the Secretary.
- D. The Secretary may consult with the Maryland Department of Planning and other State agencies before the designation of a RISE Zone.
Authority: Economic Development Article, §§2-108 and 5-1401—5-1407; Tax-General Article, §10-702;
Tax Property Article, §9-103.1; Annotated Code of Maryland
Effective date: March 30, 2015 (42:6 Md. R. 514)
Regulation .12 amended effective March 12, 2018 (45:5 Md. R. 288)