2624

LAWS OF MARYLAND

Ch. 298

(2) SO DESIGNATED BY THE UNITED STATES
GOVERNMENT.

(F)  "FUND" MEANS THE ENTERPRISE ENTERPRISE ZONE
VENTURE CAPITAL GUARANTEE FUND;

(G)  "POLITICAL SUBDIVISION" MEANS ANY COUNTY OR
MUNICIPAL CORPORATION;

(H) "SECRETARY" MEANS THE SECRETARY OF ECONOMIC AND
COMMUNITY DEVELOPMENT;

(I) "SUBMISSION DATE" MEANS APRIL 15, AND OCTOBER 15
OF ANY CALENDAR YEAR.

266KK-2. DESIGNATION OF ENTERPRISE ZONES.

(A)  ANY POLITICAL SUBDIVISION MAY APPLY TO THE
SECRETARY FOR DESIGNATION OF AN AREA WITHIN THAT POLITICAL
SUBDIVISION AS AN ENTERPRISE ZONE. ZONE, BUT IF A COUNTY
SEEKS TO DESIGNATE AN AREA WITHIN A MUNICIPAL CORPORATION AS
AN ENTERPRISE ZONE, THEN THE GOVERNING BODY OF THE MUNICIPAL
CORPORATION MUST FIRST CONSENT.

(B)  ANY COUNTY MAY APPLY TO THE SECRETARY ON BEHALF OF
A MUNICIPAL CORPORATION, WITH THE CONSENT OF SUCH MUNICIPAL
CORPORATION, FOR DESIGNATION OF ANY AREA WITHIN THAT
MUNICIPAL CORPORATION As AN ENTERPRISE ZONE.

(C)  TWO OR MORE COUNTIES MAY JOINTLY APPLY TO THE
SECRETARY FOR DESIGNATION OF AN AREA AS AN ENTERPRISE ZONE
WHICH MAY BE LOCATED ASTRIDE THEIR COMMON BOUNDARIES.

(C) (D) THE APPLICATION SHALL BE IN THE FORM AND
MANNER AND CONTAIN SUCH INFORMATION AS THE SECRETARY MAY, BY
REGULATION, DETERMINE, PROVIDED THAT THE APPLICATION SHALL:

(1)  CONTAIN INFORMATION SUFFICIENT FOR THE
SECRETARY TO DETERMINE IF THE CRITERIA ESTABLISHED IN §
266KK-3 HAVE BEEN MET;

(2)  BE SUBMITTED ON BEHALF OF THE POLITICAL
SUBDIVISION BY ITS CHIEF ELECTED OFFICER, OR, IF NONE, BY
THE GOVERNING BODY OF THE POLITICAL SUBDIVISION; AND

(3)  STATE WHETHER THE POLITICAL SUBDIVISION HAS
EXAMINED THE FEASIBILITY OF CREATING EDUCATIONAL OR TRAINING
OPPORTUNITIES FOR EMPLOYERS AND EMPLOYEES OF BUSINESS
ENTITIES LOCATED OR TO BE LOCATED IN THE PROPOSED ENTERPRISE
ZONE; AND

(3) (4) SET FORTH THE STANDARDS WITH WHICH A
BUSINESS ENTITY MUST COMPLY AS A PRECONDITION TO ITS
RECEIVING THE INCENTIVES AND INITIATIVES SET FORTH IN THIS
SUBTITLE.