Md. Code, Local Government § 4–215

If a referendum held under this subtitle results in the creation of a new

municipality, the local income tax payments authorized under § 2–607 of the Tax –

General Article shall be distributed to the municipality as follows, unless the county

commissioners or county council agrees to an accelerated payment schedule:

(1) in the first full fiscal year after the municipal incorporation takes

effect, one–third of the distribution otherwise required under § 2–607 of the Tax –

General Article;

(2) in the second fiscal year after the municipal incorporation takes

effect, two–thirds of the distribution otherwise required under § 2–607 of the Tax –

General Article; and

(3) in the third fiscal year after the municipal incorporation takes

effect and each subsequent fiscal year, all of the distribution required under § 2–607

of the Tax – General Article.