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2017 Maryland Code
Economic Development
Division II - Independent and Regional Development Units and Resources
Title 12 - Local Development Authorities and Resources
Subtitle 6 - Montgomery County -- Business Improvement Districts.
§ 12-610. Business improvement district tax.
Universal Citation: MD Econ Dev Code § 12-610 (2017)
- (a) Preliminary business improvement district tax roll. -- Within 10 days after the authorization of the district by the governing body of the county or a municipal corporation in the county, the district corporation shall provide the governing body of the county or a municipal corporation in the county with a preliminary business improvement district tax roll.
- (b) Imposition of business improvement district tax. --
- (1) The governing body of the county or a municipal corporation in the county shall impose a business improvement district tax to provide funds for the operation of the district.
- (2) The governing body of the county or a municipal corporation in the county shall impose on members of the district the district tax at a rate specified by the board and approved by the governing body.
- (3) The tax imposed under this subsection may not count against a county or municipal corporation tax cap.
- (c) Collection. -- The district tax shall be collected in the same manner as real property taxes are collected and distributed each quarter to the district.
- (d) Reimbursement for collection costs. -- A district shall reimburse the governing body of the county or a municipal corporation in the county for the costs incurred in collecting the district tax.
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