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1939
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HARRY HUGHES, Governor
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(f) Any area that is designated an enterprise zone under
federal law shall automatically and without any additional action
by the political subdivision or the Secretary be designated an
enterprise zone under this section without regard to any
limitation [as to] ON the number of enterprise zones that may be
designated [in any 12 month period; provided, however] BY THE
SECRETARY. HOWEVER, the incentives and initiatives provided for
in this [article] SUBTITLE shall not be available to business
entities located in an enterprise zone designated under federal
law unless the Secretary and the Board of Public Works shall
consent to the designation.
(g) An application by a political subdivision and the
designation by the Secretary of an area as an enterprise zone
shall constitute the State approval that may be required for
designation as an enterprise zone under federal law.
(h) Before designating an enterprise zone, the Secretary
shall consult with and ask the advice of the Department's
Advisory Commission.
266KK-3.
(a) The Secretary may not designate any area an enterprise
zone unless that area satisfies at least one of the following
requirements:
(1) The average rate of unemployment in the area, or
within a reasonable proximity within that county to that area,
for the most recent 18 month period for which data are available
must be at least 150 percent of the average rate of unemployment
in either the State of Maryland or the United States, whichever
average rate is greater, during that same period;
(2) The population in the area or within a reasonable
proximity within that county to that area is a low-income poverty
area on the basis of the most recent census;
(3) At least 70 percent of the [residents] FAMILIES
living in the area or within a reasonable proximity within that
county to that area have incomes that are less than an amount
equal to 80 percent of the median family income within the
political subdivision in which the area is located; or
(4) Population in the area or within a reasonable
proximity within that county to that area decreased by 10 percent
between the date of the most recent census and the date of the
immediately preceding census, and the political subdivision can
demonstrate to the Secretary's satisfaction that either chronic
abandonment or demolition of property is occurring in that area
or substantial property tax arrearages exist within that area.
(b) The Secretary may establish by regulation [such] ANY
other requirements [as] THAT the Secretary [may] reasonably
[determine] DETERMINES are necessary and appropriate to assure
that the purposes of this [article] SUBTITLE are satisfied.
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