{"data":{"id":"us-md/md.-code-local-government-21-401","jurisdiction":"us-md","citation":"Md. Code, Local Government § 21–401","heading":"","body":"For the purposes stated in § 21–402 of this subtitle, a municipality may:\n(1) by ordinance or resolution, establish special taxing districts; and\n(2) impose ad valorem taxes on all real and personal property in a\nspecial taxing district at a rate sufficient to provide adequate annual revenues to pay:\n(i) the principal of and interest on any bonds or other\nobligations of the municipality issued for the purpose for which the special taxing\ndistrict was established, as the principal and interest become due; and\n(ii) the costs of operating and maintaining facilities and\nactivities for which the special taxing district was established.","path":["Article - Local Government"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=glg\u0026section=21-401","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:59:58Z","sha256":"5fcaad1bce425c87a5286063725a77c6abd1d4c7fdb8a27863eab43b4d81e40f","source_id":"us-md","stale":false,"prev":"us-md/md.-code-local-government-21-306","next":"us-md/md.-code-local-government-21-402"},"notice":"GroundRules: Original legal text. Not legal advice."}