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Unannotated Code of Maryland (Last Updated: May 16, 2014) |
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LAND USE |
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DIVISION II. MARYLAND-NATIONAL CAPITAL PARK AND PLANNING COMMISSION. |
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TITLE 18. FINANCES. |
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SUBTITLE 4. LAND ACQUISITION FUNDING. |
§ 18-404. Grants by counties; agreements relating to county property.
Latest version.
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(a) Grants by counties. --
(1) On request by the Commission, Montgomery County and Prince George's County may grant money to the Commission for any of the purposes of Subtitles 2 and 3 of this title.
(2) The Commission shall use the money granted under this subsection in the county making the grant.
(3) (i) Each year, Montgomery County may not grant more than one-half of the county's share of the State income tax plus one-half the profits of the county dispensary distributed to the county.
(ii) Each year, Prince George's County may not grant more than one-half of the county's share of the State income tax.
(b) Agreements relating to county property. -- The governing body of Montgomery County or Prince George's County may convey, lease, or enter into a contract or agreement with the Commission for use, development, and maintenance by the Commission of county property for the purposes of this division.