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PARRIS N. GLENDENING, Governor Ch. 549
(1993 Replacement Volume and 1994 Supplement)
BY repealing and reenacting, with amendments,
Article 23A—Corporations—Municipal
Section 44A
Annotated Code of Maryland
(1994 Replacement Volume)
BY adding to
The Public Local Laws of Prince George's County
Section 10-268 to be under the new division "Division 13. Special Taxing Districts"
Article 17 - Public Local Laws of Maryland
(1991 Edition and 1994 Supplement, as amended)
Preamble
WHEREAS, the provisions of Article 23A, § 44A of the Code provide power and
authority for municipal corporations to create special taxing districts for the development
of infrastructure improvements and to borrow money for financing the improvements
through the issuance of bonds to be paid from assessable property within the special
taxing districts; and
WHEREAS, the General Assembly finds and determines that it is in the best
interests of the citizens of the State in general, and of the various municipal corporations
and counties in particular, whether the subdivisions are subject to the provisions of
Articles 23A, 25, 25A or 25B of the Code, to permit the counties and municipal
corporations, either individually or jointly, to create such special taxing districts in order
to facilitate the development and financing of infrastructure improvements; and
WHEREAS, the General Assembly further finds and determines that it is
appropriate to update, clarify and revise the existing authority granted to municipal
corporations to create special taxing districts; now, therefore,
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:
Article 31—Debt—Public
34.
(A) ALL THE POWER AND AUTHORITY GRANTED TO MUNICIPAL
CORPORATIONS UNDER ARTICLE 23A, § 44A OF THE CODE IS GRANTED TO ALL OF
THE COUNTIES OF MARYLAND.
(B) (1) THE POWER AND AUTHORITY GRANTED TO THE COUNTIES AND
MUNICIPAL CORPORATIONS UNDER SUBSECTION (A) OF THIS SECTION AND ARTICLE
23A, § 44A OF THE CODE MAY BE JOINTLY EXERCISED BY ONE OR MORE COUNTIES,
BY ONE OR MORE MUNICIPAL CORPORATIONS, OR BY ONE OR MORE COUNTIES AND
ONE OR MORE MUNICIPAL CORPORATIONS, SO AS TO PROVIDE FOR THE CREATION
OF A SINGLE SPECIAL TAXING DISTRICT.
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