Md. Code Regs. 24.05.01.12

Current through Register Vol. 52, No. 1, January 10, 2025

Section 24.05.01.12 - Federal Designation

A. If an area without a prior State designation is designated an enterprise zone under federal law, the incentives and initiatives provided for in the State Enterprise Zones Program are not available to business entities located in the federally designated enterprise zone unless, upon request by the appropriate political subdivision and submission of a copy of the federal application, the Secretary and the Board of Public Works consent to the federal designation.

B. After consent by the Secretary and the Board of Public Works to a federal designation, each business entity in the federal zone shall meet the conditions and requirements applicable to each incentive or initiative and comply with the standards submitted by the political subdivision.