Section 18-307 – Administrative Tax
(a) The tax required under this section applies to property in the regional district in Montgomery County and Prince George’s County. (b) The purpose of the tax required under this section is for paying the current operating or administrative expenses of the Commission, including the cost of: (1) the development of any part of the plan of the […]
Section 18-308 – Advance Land Acquisition Revolving Funds Tax
(a) (1) The Montgomery County Council shall impose against all of the property assessed for the purposes of county taxation an annual tax of: (i) not less than 0.4 cents or more than 1.2 cents on each $100 of assessed valuation of real property; and (ii) not less than 1 cent or more than 3 cents on each $100 […]
Section 18-309 – Payment in Lieu of Property Taxes Agreement — Facility for Generation of Electricity in Prince George’s County
(a) (1) Subject to subsection (b) of this section, the Commission may enter into an agreement with the owner of a facility for the generation of electricity that locates in Prince George’s County for a negotiated payment by the owner in lieu of taxes imposed on real or personal property of the facility under this subtitle. (2) An […]
Section 18-310 – Prince George’s County — Extraordinary Development Districts
The Commission may not enter into an agreement with Prince George’s County to pay all or a portion of the property taxes levied by the county under §§ 18–304, 18–306, and 18–307 of this subtitle on the tax increment in an extraordinary development district in the county to the county for deposit into a special […]
Section 18-401 – Advance Land Acquisition Fund; Sale of Bonds
(a) In this section, “Fund” means an Advance Land Acquisition Fund. (b) There is an Advance Land Acquisition Fund in each county. (c) The purpose of each Fund is to purchase land and related facilities consistent with the purposes of this section and §§ 18–402 and 18–403 of this subtitle. (d) The Commission shall administer each Fund. (e) Each Fund […]
Section 18-402 – Acquisition of Land by Commission in Montgomery County
(a) The Commission may include in its annual budgets provisions for acquiring land needed for public uses in Montgomery County, including: (1) State highways, streets and roads, and mass transit facilities, including busways and light rail facilities; (2) schools; (3) libraries; (4) parks and recreation centers; and (5) government buildings. (b) (1) The Commission shall show each public use to be acquired under […]
Section 18-403 – Acquisition of Land by Commission in Prince George’s County
(a) The Commission may acquire land in Prince George’s County that is needed for State highways, streets, roads, or mass transit facilities that are shown on adopted and approved master plans and are included in the Maryland Transportation Plan described in § 2–103.1 of the Transportation Article. (b) (1) The Commission may include in its budget provisions for […]
Section 18-404 – Grants by Counties; Agreements Relating to County Property
(a) (1) On request by the Commission, Montgomery County and Prince George’s County may grant money to the Commission for any of the purposes of Subtitles 2 and 3 of this title. (2) The Commission shall use the money granted under this subsection in the county making the grant. (3) (i) Each year, Montgomery County may not grant more than […]
Section 18-501 – Definitions
(a) In this subtitle the following words have the meanings indicated. (b) “Payment date” means the date of the Commission’s check. (c) “Proper invoice” means an invoice that: (1) contains: (i) the contractor’s federal employer identification number or Social Security number; and (ii) the contract or purchase order number or other description of the contract; and (2) contains or is accompanied by […]
Section 18-502 – Payment of Procurement Contract
It is the policy of the Commission that payment under an authorized, written procurement contract shall be made by the Commission to the contractor within 30 days after the receipt date of a proper invoice.