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Unannotated Code of Maryland (Last Updated: May 16, 2014) |
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ECONOMIC DEVELOPMENT |
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DIVISION I. DEPARTMENT OF BUSINESS AND ECONOMIC DEVELOPMENT |
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TITLE 5. ECONOMIC DEVELOPMENT AND FINANCIAL ASSISTANCE PROGRAMS |
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SUBTITLE 7. ENTERPRISE ZONES |
§ 5-701. Definitions
Latest version.
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(a) In general. -- In this subtitle the following words have the meanings indicated.
** REVISOR'S NOTE
This subsection formerly was Art. 83A, § 5-401(a).
** REVISOR'S NOTE
No changes are made.
(b) Area. -- "Area" means a geographic area in one or more political subdivisions in the State described by a closed perimeter boundary.
** REVISOR'S NOTE
This subsection formerly was Art. 83A, § 5-401(b).
** REVISOR'S NOTE
The only changes are in style.
** DEFINED TERMS:
"Political subdivision" § 5-701
** DEFINED TERMS:
"State" § 1-101
**
(c) Business entity. -- "Business entity" means a person that operates or conducts a trade or business.
REVISOR'S NOTE
This subsection is new language derived without substantive change from former Art. 83A, § 5-401(c)(1). **
(d) Enterprise zone. -- "Enterprise zone" means an area: **
(1) that meets the requirements of § 5-704(a) of this subtitle and is designated as an enterprise zone by the Secretary under § 5-704(b) of this subtitle; **
(2) designated as an enterprise zone by the United States government under 42 U.S.C. § 11501 through 11505; or **
(3) designated as an empowerment zone or enterprise community by the United States government under 26 U.S.C. § 1391 through 1397F.
REVISOR'S NOTE
This subsection is new language derived without substantive change from former Art. 83A, § 5-401(f).
REVISOR'S NOTE
In item (2) of this subsection, the specific reference to designation "under 42 U.S.C. § 11501 through 11505" is added for clarity and accuracy.
REVISOR'S NOTE
In item (3) of this subsection, the reference to an "enterprise community" is added for clarity and accuracy.
REVISOR'S NOTE
Also in item (3) of this subsection, the specific reference to § 1391 "through 1397F" is substituted for the former phrase "et seq." for clarity and accuracy.
"Area" § 5-701
"Secretary" § 1-101
**
(e) Focus area. -- "Focus area" means an area that meets the requirements of § 5-706 of this subtitle and is designated as a focus area by the Secretary under § 5-706 of this subtitle.
REVISOR'S NOTE
This subsection is new language derived without substantive change from former Art. 83A, § 5-401(g).
"Area" § 5-701
"Secretary" § 1-101
**
(f) Political subdivision. -- "Political subdivision" means a county or municipal corporation.
REVISOR'S NOTE
This subsection formerly was Art. 83A, § 5-401(h).
REVISOR'S NOTE
The only changes are in style.
DEFINED TERM:
"County" § 1-101
**
(g) Submission date. -- "Submission date" means April 15 or October 15.
REVISOR'S NOTE
This subsection formerly was Art. 83A, § 5-401(j).
REVISOR'S NOTE
The former reference to "any calendar year" is deleted as surplusage.