Unannotated Code of Maryland (Last Updated: May 16, 2014) |
LOCAL GOVERNMENT |
DIVISION IV. LOCAL FINANCE |
TITLE 21. SPECIAL TAXING DISTRICTS |
SUBTITLE 4. MUNICIPAL SPECIAL TAXING DISTRICTS |
PART I. MUNICIPAL SPECIAL TAXING DISTRICTS FOR FINANCING IMPROVEMENT AND OPERATION OF SPECIFIED FACILITIES |
§ 21-403. Ride sharing or bus system
Latest version.
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In a special taxing district established for financing a ride sharing or bus system, a municipality shall impose a combination of development impact fees and ad valorem taxes to finance, wholly or partly, the capital and operating costs of the ride sharing or bus system.