{"data":{"id":"us-md/md.-code-economic-development-12-303","jurisdiction":"us-md","citation":"Md. Code, Economic Development § 12–303","heading":"","body":"(a) Before a political subdivision issues a bond, the political subdivision shall pass an ordinance or administrative resolution that:\n(1) designates an area in the political subdivision as a designated blighted area based on the substantial presence of:\n(i) excessive vacant land on which structures were previously located;\n(ii) abandoned or vacant buildings;\n(iii) substandard structures;\n(iv) delinquencies in real property tax payments; or\n(v) similar factors that the political subdivision determines indicate blight;\n(2) designates the financed area for which the proceeds of the bond are to be used; and\n(3) adopts a redevelopment plan for the designated blighted area.\n(b) (1) Before a county may designate a blighted area or financed area that lies wholly or partly in a municipal corporation, the municipal corporation shall consent to the designation of the part of the area that is within the municipal corporation.\n(2) Before a municipal corporation may designate a blighted area or financed area, the county that contains the area shall consent to the designation.\n(3) Consent under this subsection shall be made by ordinance or administrative resolution.\n(c) A political subdivision that issues a bond as a qualified redevelopment bond under the Internal Revenue Code shall comply with federal law in determining:\n(1) the designated blighted area and the financed area to which the bond relates; and\n(2) any other designated blighted areas in the political subdivision.","path":["Article - Economic Development"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gec\u0026section=12-303","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:57:28Z","sha256":"c3c7da242b7a7b33fc5b47a3671c76539c33f1251462ebc4dc5129dd20ae5ffa","source_id":"us-md","stale":false,"prev":"us-md/md.-code-economic-development-12-302","next":"us-md/md.-code-economic-development-12-304"},"notice":"GroundRules: Original legal text. Not legal advice."}