Maryland Statutes
Division IV - Local Finance
Title 18 - Local Economic Development

Subtitle 1 - Parking Authorities Act

Section 18-101 - Definitions - (a) In this subtitle the following words have the meanings...

Section 18-102 - Legislative Findings; Purposes of Subtitle - (a) The General Assembly finds that: (1) unemployment conditions exist...

Section 18-103 - Scope of Subtitle - This subtitle applies only to Baltimore City, Montgomery County, Prince...

Section 18-104 - Powers of Counties or Municipalities -- in General - A county or municipality may create a body politic and...

Section 18-105 - Authority Established - To create an authority, a county or municipality shall: (1)...

Section 18-106 - Powers of Counties or Municipalities -- Amendments - A county or municipality may: (1) amend the authority’s charter...

Section 18-107 - Membership - (a) An authority consists of five members. (b) By local...

Section 18-108 - Powers of Authority -- in General - (a) An authority has the powers granted to it by...

Section 18-109 - Powers of Authority -- Enactment by County - A county or municipality may authorize an authority to: (1)...

Section 18-110 - Authority Property Exempt From Taxation - Property owned or controlled by an authority is exempt from...

Section 18-111 - Earnings of Authority - The net earnings of an authority, other than those necessary...

Section 18-112 - Termination of Authority - On termination of an authority, all property, obligations, and assets...

Section 18-113 - Act of Authority Not Subject to Challenge - An act of an authority may not be challenged on...

Section 18-114 - Revenue Bonds - (a) To carry out the purposes of this subtitle, an...

Section 18-115 - Revenue Bonds -- Probable Useful Life of Project - (a) If bonds are issued for projects having different probable...

Section 18-116 - Revenue Bonds -- Matters Determined by Local Law - By local law consistent with this subtitle, a county or...

Section 18-117 - Guarantee of Revenue Bonds; Independent Taxing Authority Not Conferred - (a) By local law, a county or municipality may guarantee...

Section 18-118 - Revenue Bonds -- Referendum Provisions Inapplicable - Bonds, the borrowing that they represent, the project being financed,...

Section 18-119 - Revenue Bonds -- Application of Conditions of Sale Requirements - Bonds are exempt from the conditions of sale requirements under...

Section 18-120 - Revenue Bonds -- Exempt From Taxation - Bonds, transfer of the bonds, and the interest payable and...

Section 18-121 - Short Title - This subtitle is the Parking Authorities Act.

Subtitle 2 - Ocean City Convention Center

Section 18-201 - "Convention Center" Defined - In this subtitle, “Convention Center” means the Roland E. Powell...

Section 18-202 - Operation - The Mayor and City Council of Ocean City shall operate...

Section 18-203 - Powers and Duties of Mayor and City Council - (a) The Mayor and City Council of Ocean City may:...

Section 18-204 - Tax-Exempt Status - The Convention Center is exempt from State and local taxes.

Section 18-205 - State Funds - The State may not spend any money for capital improvements...

Section 18-206 - Names of Sections of Convention Center - A name given to a section of the Convention Center...

Subtitle 3 - Commercial or Industrial Development Projects

Section 18-301 - Commercial or Industrial Development - (a) Subject to subsection (b) of this section, a political...