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Session Laws, 1999
Volume 796, Page 2922   View pdf image
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(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;

(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

(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.

(e) Within 60 days following any submission date, the Secretary may
designate one or more enterprise zones from among the applications submitted to the
Secretary on or before that submission date, provided, however, that the Secretary
may not designate more than 6 enterprise zones in any 12 month period and no
county may receive more than 1 area designated as an enterprise zone in any
calendar year. The determination of the Secretary as to the areas designated
enterprise zones shall be final, except that, for any area not designated an enterprise
zone, a political subdivision may reapply at any time to the Secretary for designation
of that area as an enterprise zone.

(f) Any area that is designated an enterprise zone or an empowerment 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 on the number of enterprise zones that may
be designated by the Secretary. However, the incentives and initiatives provided for in
this 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 appropriate individuals and advisors.

(i) (1) A political subdivision may apply to the Secretary for the expansion
of an existing enterprise zone in the same manner as the political subdivision would
apply for the designation of a new enterprise zone.

(2) The Secretary may grant an expansion of an enterprise zone into any
area that meets the requirements of § 5-403 of this subtitle.

(j) (1) The Secretary may grant an extraordinary expansion of an enterprise
zone into any area that:

(i) Meets the requirements of § 5-403 of this subtitle; and

(ii) In the determination of the Secretary, has suffered a significant
loss of economic base.

 

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Session Laws, 1999
Volume 796, Page 2922   View pdf image
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