PARRIS N. GLENDENING, Governor
CHAPTER 209
(House Bill 82)

Ch. 209

AN ACT concerning

Job Creation Tax Credit - Priority Funding Area - Port Land Use

Development Zone

FOR the purpose of altering certain criteria for a business entity to qualify for the Job
Creation Tax Credit by including a portion of the Port Land Use Development
Zone within the definition of "State priority funding area" for purposes of the
credit; providing for the application of this Act; and generally relating to the Job
Creation Tax Credit.

BY repealing and reenacting, with amendments,

Article 83A - Department of Business and Economic Development
Section 5-1101(k)
Annotated Code of Maryland
(1998 Replacement Volume)

BY repealing and reenacting, without amendments,
Article - Transportation
Section 6-501(e)
Annotated Code of Maryland

(1993 Replacement Volume and 1998 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:

Article 83A - Department of Business and Economic Development

5-1101.

(k) "State priority funding area" includes the following areas:

(1) An incorporated municipality;

(2) A designated neighborhood, as defined in Article 83B, § 4-202 of the

Code;

(3) An enterprise zone as designated under § 5-402 of this title or by the
United States government;

(4) Those areas of the State located between Interstate Highway 495 and
the District of Columbia;

(5) Those areas of the State located between Interstate Highway 695 and
Baltimore City; [and]