Maryland Statutes

§ 5-705

Maryland·Article gec Economic Development·Title 5
(a)(1) A political subdivision may apply to the Secretary to expand an existing enterprise zone in the same manner as the political subdivision would apply to designate a new enterprise zone.
(2)The Secretary may grant an expansion of an enterprise zone into an area that meets the requirements of § 5–704 of this subtitle.
(3)For purposes of § 5–704(b) of this subtitle, an expansion of an enterprise zone that does not exceed 25% of the existing geographic area of the enterprise zone does not count towards the limit on the number of enterprise zones that:
(i)the Secretary may designate in a calendar year; or
(ii)a county may receive in a calendar year.
(b)(1) The Secretary may grant one extraordinary expansion of

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Nearby Sections

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§ 5-1001
§ 5-1001
§ 5-1002
§ 5-1002
§ 5-1003
§ 5-1003
§ 5-1004
§ 5-1004
§ 5-1005
§ 5-1005
§ 5-1006
§ 5-1006
§ 5-1007
§ 5-1007
§ 5-101
§ 5-101
§ 5-102
§ 5-102
§ 5-103
§ 5-103
§ 5-104
§ 5-104
§ 5-105
§ 5-105
§ 5-106
§ 5-106
§ 5-107
§ 5-107
§ 5-1201
§ 5-1201
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