Md. Code, Local Government § 21–509
Where this section sits in the code
- Article - Local Government
(a) A special taxing district established under this subtitle shall be
terminated if:
(1) no bonds authorized by this subtitle are outstanding with respect
to the special taxing district;
(2) no MEDCO obligations as to which a county has pledged revenues
under this subtitle are outstanding with respect to the special taxing district; and
(3) the governing body of the county 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 shall be paid to the general fund of the county.
Collected 2026-09-14T19:59:58Z. Source file · JSON