Maryland Statutes
Part II - Municipal Special Taxing Districts for Infrastructure Improvements
Section 21-409 - Authority Granted

(a)    For any purpose stated in § 21–410(a)(1) of this subtitle, a municipality may:
        (1)    establish a special taxing district;
        (2)    impose ad valorem or special taxes; and
        (3)    issue bonds.
    (b)    (1)    For any purpose stated in § 21–410(a)(2) of this subtitle, a municipality may:
            (i)    establish special taxing districts;
            (ii)    impose ad valorem or special taxes; and
            (iii)    pledge funds under an agreement to:
                1.    secure payment on MEDCO obligations;
                2.    pay the costs of infrastructure improvements located in or supporting a transit–oriented development or a State hospital redevelopment; and
                3.    pay the costs of operating and maintaining infrastructure improvements located in or supporting a transit–oriented development or a State hospital redevelopment.
        (2)    An agreement pledging funds as described in paragraph (1)(iii) of this subsection shall:
            (i)    be authorized by an ordinance or resolution of the municipality;
            (ii)    be in writing;
            (iii)    be executed on behalf of the municipality making the pledge, the Maryland Economic Development Corporation, and any other person or entity that the governing body of the municipality determines; and
            (iv)    benefit, and be enforceable on behalf of, the holders of any MEDCO obligation secured by the agreement.
    (c)    (1)    Notwithstanding any other provision of law, a municipality may establish a special taxing district, issue bonds, or impose an ad valorem or special tax under this part only if a request to the municipality is made by both:
            (i)    the owners of at least two–thirds of the assessed valuation of the real property located in the special taxing district; and
            (ii)    at least two–thirds of the owners of the real property located in the special taxing district.
        (2)    For purposes of paragraph (1)(ii) of this subsection:
            (i)    multiple owners of a single parcel are treated as a single owner; and
            (ii)    a single owner of multiple parcels is treated as one owner.