Md. Code, Local Government § 21–415
Where this section sits in the code
- Article - Local Government
(a) A special taxing district established under this part shall be terminated
if:
(1) no bonds authorized by this part are outstanding with respect to
the special taxing district;
(2) no MEDCO obligations to which a municipality has pledged
revenues under this part are outstanding with respect to the special taxing district;
and
(3) the governing body of the municipality determines not to use
money in the special fund for payment of costs of:
(i) infrastructure improvements located in or supporting a
transit–oriented development or a State hospital redevelopment; or
(ii) operating and maintaining infrastructure improvements
located in or supporting a transit–oriented development or a State hospital
redevelopment.
(b) Any money remaining in the special fund on the date of termination of
the special taxing district may be paid to the general fund of the municipality.
Collected 2026-09-14T19:59:58Z. Source file · JSON