Md. Code Regs. 24.05.01.17

Current through Register Vol. 51, No. 24, December 2, 2024

Section 24.05.01.17 - Period of Availability

A. Except as provided in Tax-General Article, §10-702, and Tax-Property Article, §9-103, Annotated Code of Maryland, the Enterprise Zones Program incentives and initiatives shall be available for a period of 10 years following the data on which the area is designated an enterprise zone.

B. Except as provided in Tax-General Article, §10-702, and Tax-Property Article, §9-103, Annotated Code of Maryland, the focus area incentives and initiatives shall be available for the lesser of:

(1) 5 years from the date of designation; or

(2) The remainder of the 10-year term of the applicable enterprise zone.

Md. Code Regs. 24.05.01.17