Md. Code Regs. 24.05.11.08

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

Section 24.05.11.08 - Extraordinary Expansions of BRAC Revitalization and Incentive Zones

A. The Secretary may grant an extraordinary expansion of a zone each calendar year for an area that:

(1) Meets the requirements of Economic Development Article, § 5-1303, Annotated Code of Maryland, and this chapter; and

(2) In the determination of the Secretary, is of strategic importance to the economic development interests of the county in which the zone is located.

B. A political subdivision may apply to the Secretary for the designation of an extraordinary expansion of an existing zone in the same manner as the political subdivision would apply to designate a new zone.

C. The political subdivision or subdivisions that originally obtained the zone designation shall apply for the extraordinary expansion.

D. The application for an extraordinary expansion of a designated zone shall set forth the basis for the request for extraordinary expansion but need not duplicate data submitted for the original designation if the data submitted is sufficient for the Secretary to determine the relation of the geographic area of the existing zone to the geographic area of the proposed expansion of that zone.

E. The designation period for the extraordinary expansion of the zone runs simultaneously with the period of the original zone designation and expires at the same time as the original zone designation.

Md. Code Regs. 24.05.11.08