reglab/statecodes huggingface dataset:
2023 Maryland Statutes › Local Government › Division IV - Local Finance › Title 21 - Special Taxing Districts › Subtitle 5 - Districts for Infrastructure Improvements for Selected Counties › Part I - Definitions; General Provisions › Section 21-508 - Taxes

(a)    The governing body of a county may provide for the imposition of an ad valorem or special tax on all real and personal property in a special taxing district at a rate or amount designed to provide adequate revenue:
(1)    to pay the principal of, interest on, and any redemption premium on any bonds;
(2)    to replenish any debt service reserve fund;
(3)    for any other purpose related to the ongoing expenses of or security for bonds;
(4)    to pay costs of infrastructure improvements located in or supporting a transit–oriented development or a State hospital redevelopment;
(5)    to pay costs of operating and maintaining infrastructure improvements located in or supporting a transit–oriented development or a State hospital redevelopment; or
(6)    to secure payment by the county of its obligations under an agreement described in § 21–503(b) of this subtitle.
(b)    Ad valorem taxes under this subtitle shall be imposed in the same manner, on the same assessments, for the same period, and as of the same date of finality as required for county property taxes in the special taxing district.
(c)    (1)    As an alternative to imposing ad valorem taxes under this subtitle, the governing body of a county may impose special taxes in accordance with this subsection on property in a special taxing district.
(2)    In determining the basis for and amount of a special tax, the cost of an improvement may be calculated and imposed:
(i)    equally per front foot, lot, parcel, dwelling unit, or square foot;
(ii)    according to the value of the property, with or without regard to improvements on the property; or
(iii)    in any other reasonable manner that results in a fair allocation of the cost of the infrastructure improvements.
(3)    The governing body of a county may enact an ordinance or a resolution for:
(i)    the maximum amount of a special tax to be imposed on any parcel;
(ii)    the tax year or other date after which further special taxes under this subtitle may not be imposed on a parcel; and
(iii)    whether, and the circumstances under which, a special tax on a parcel may be increased because of delinquency or default by the owner of that parcel or by the owner of any other parcel.
(4)    By ordinance or resolution, the governing body of a county may establish procedures allowing for the prepayment of special taxes under this subtitle.
(5)    A special tax imposed under this subtitle shall:
(i)    unless otherwise provided in an ordinance or a resolution, be collected and secured in the same manner as general ad valorem taxes; and
(ii)    in the case of delinquency, be subject to the same penalties, procedure, sale, and lien priority as general ad valorem taxes.
2023 Maryland Statutes › Local Government › Division IV - Local Finance › Title 21 - Special Taxing Districts › Subtitle 5 - Districts for Infrastructure Improvements for Selected Counties › Part I - Definitions; General Provisions › Section 21-509 - Termination of Special Taxing District

(a)    A special taxing district established under this subtitle shall be terminated if:
(1)    no bonds authorized by this subtitle are outstanding with respect to the special taxing district;
(2)    no MEDCO obligations as to which a county has pledged revenues under this subtitle are outstanding with respect to the special taxing district; and
(3)    the governing body of the county determines not to use money in the special fund for payment of costs of:
(i)    infrastructure improvements located in or supporting a transit–oriented development or a State hospital redevelopment; or
(ii)    operating and maintaining infrastructure improvements located in or supporting a transit–oriented development or a State hospital redevelopment.
(b)    Any money remaining in the special fund on the date of termination of the special taxing district shall be paid to the general fund of the county.
2023 Maryland Statutes › Local Government › Division IV - Local Finance › Title 21 - Special Taxing Districts › Subtitle 5 - Districts for Infrastructure Improvements for Selected Counties › Part I - Definitions; General Provisions › Section 21-510 - Investment of Special Fund and Sinking Funds

(a)    The special fund and any sinking fund established by a county under this subtitle are subject to § 19–102 of this article.
(b)    The proceeds of bonds issued under this subtitle are subject to §§ 17–101 and 17–102 of this article.
2023 Maryland Statutes › Local Government › Division IV - Local Finance › Title 21 - Special Taxing Districts › Subtitle 5 - Districts for Infrastructure Improvements for Selected Counties › Part I - Definitions; General Provisions › Section 21-511 - Bonds Authorized

(a)    Notwithstanding any other law, a county may issue bonds as provided under this subtitle for the purposes stated in § 21–504(a)(1) of this subtitle.
(b)    To issue bonds under this subtitle, the governing body of a county shall adopt an ordinance or a resolution that:
(1)    describes the proposed undertaking;
(2)    states:
(i)    that the governing body has complied with §§ 21–506 and 21–508 of this subtitle;
(ii)    the maximum principal amount of bonds to be issued; and
(iii)    the maximum rate of interest for the bonds; and
(3)    establishes a covenant to impose ad valorem or special taxes on all real and personal property in the special taxing district at a rate or in an amount sufficient to provide for the payment of the principal of and interest on the bonds in each year that the bonds are outstanding.
(c)    (1)    For bonds to be issued to finance the proposed undertaking, the ordinance or resolution may specify:
(i)    the principal amount;
(ii)    the rate of interest;
(iii)    the manner and terms of sale;
(iv)    the time of execution, issuance, and delivery;
(v)    the form, purpose, and denominations;
(vi)    the manner in which and the times and places at which the principal of and interest on the bonds shall be paid;
(vii)    conditions for payment of principal of and interest on the bonds before maturity; or
(viii)    other provisions consistent with this subtitle that the governing body of the county determines are necessary or desirable.
(2)    The ordinance or resolution may specify the items listed in paragraph (1) of this subsection or may authorize:
(i)    the county’s finance board or other appropriate financial officer to specify those items by resolution; or
(ii)    the county’s chief executive officer to specify those items by executive order.
(d)    The following may not be subject to a referendum because of any State or local law:
(1)    an ordinance or a resolution authorizing the bonds;
(2)    an ordinance, a resolution, or an executive order passed or adopted in furtherance of the ordinance or resolution authorizing the bonds;
(3)    the bonds;
(4)    the designation of a special taxing district; or
(5)    the imposition of ad valorem or special taxes.
2023 Maryland Statutes › Local Government › Division IV - Local Finance › Title 21 - Special Taxing Districts › Subtitle 5 - Districts for Infrastructure Improvements for Selected Counties › Part I - Definitions; General Provisions › Section 21-512 - Conditions of Issuance

(a)    A bond issued under this subtitle:
(1)    may be in bearer form or coupon form;
(2)    may be registrable as to principal alone or as to both principal and interest; and
(3)    is a security under § 8–102 of the Commercial Law Article, whether the bond is one of a class or series or is divisible into a class or series of instruments.
(b)    (1)    A bond shall be signed manually or in facsimile by the chief executive officer of the county.
(2)    The clerk or other similar administrative officer of the county shall attest to and affix the seal of the county to each bond.
(3)    An officer’s signature or countersignature on a bond remains valid if the officer ceases to be an officer before delivery of the bond.
(c)    A bond shall mature not later than 30 years after the date of issuance.
(d)    (1)    A county may sell bonds:
(i)    at a public or private sale; and
(ii)    in any manner and on any terms that the governing body of the county considers best.
(2)    A contract to acquire property may provide that payment shall be made in bonds.
(3)    Bonds are exempt from §§ 19–205 and 19–206 of this article.
2023 Maryland Statutes › Local Government › Division IV - Local Finance › Title 21 - Special Taxing Districts › Subtitle 5 - Districts for Infrastructure Improvements for Selected Counties › Part I - Definitions; General Provisions › Section 21-513 - Bonds Are Securities

Bonds issued under this subtitle are securities:
(1)    that may be deposited with and received by a unit of the State or a political subdivision for any purpose for which the deposit of bonds or obligations of the State is authorized by law; and
(2)    in which any of the following persons or entities may invest money:
(i)    an officer or a unit of the State or a political subdivision of the State;
(ii)    a bank, a trust company, a savings and loan association, or an investment company;
(iii)    an insurance company; and
(iv)    a personal representative, a trustee, or any other fiduciary.
2023 Maryland Statutes › Local Government › Division IV - Local Finance › Title 21 - Special Taxing Districts › Subtitle 5 - Districts for Infrastructure Improvements for Selected Counties › Part I - Definitions; General Provisions › Section 21-514 - Payment of Bonds

(a)    Bonds are payable from the special fund required under § 21–506 of this subtitle.
(b)    Bonds issued under this subtitle are a special obligation of the county and are not a general obligation debt of the county or a pledge of the county’s full faith and credit or taxing power.
(c)    The governing body of a county that issues bonds under this subtitle may:
(1)    establish a sinking fund;
(2)    establish a debt service reserve fund;
(3)    pledge other assets and revenues toward the payment of the principal of and interest on the bonds; or
(4)    provide for municipal bond insurance or any other financial guaranty of the bonds.
2023 Maryland Statutes › Local Government › Division IV - Local Finance › Title 21 - Special Taxing Districts › Subtitle 5 - Districts for Infrastructure Improvements for Selected Counties › Part I - Definitions; General Provisions › Section 21-515 - Application of Bond Proceeds

Bond proceeds shall be used only to pay the cost of infrastructure improvements, including:
(1)    the cost of establishing, acquiring, designing, constructing, extending, or altering infrastructure improvements;
(2)    the cost of issuing bonds;
(3)    payment of the principal of and interest on loans, money advances, or indebtedness incurred by the county for any purpose stated in § 21–504(a) of this subtitle, including refunding bonds previously issued; and
(4)    funding of a debt service reserve fund or payment of interest before, during, or for a limited period of time after constructing the infrastructure improvements.
2023 Maryland Statutes › Local Government › Division IV - Local Finance › Title 21 - Special Taxing Districts › Subtitle 5 - Districts for Infrastructure Improvements for Selected Counties › Part I - Definitions; General Provisions › Section 21-516 - Bonds Exempt From Taxation

The principal amount of bonds, the interest payable on bonds, the transfer of bonds, and any income from bonds, including profit made in the sale or transfer of bonds, are exempt from State and local taxes.
2023 Maryland Statutes › Local Government › Division IV - Local Finance › Title 21 - Special Taxing Districts › Subtitle 5 - Districts for Infrastructure Improvements for Selected Counties › Part II - Special Provisions Applicable to Individual Counties › Section 21-519 - Anne Arundel County

A law enacted by Anne Arundel County under this subtitle:
(1)    shall specify the type of infrastructure and related costs that may be financed;
(2)    shall require:
(i)    reasonable disclosure in a real estate contract to buyers of real property in a special taxing district of any special assessment, special tax, or other fee or charge for which the buyer would be liable due to the special taxing district; and
(ii)    that, if a seller fails to provide the disclosure, the buyer may void the contract before the date of settlement;
(3)    shall require adequate debt service reserve funds to be maintained;
(4)    may provide:
(i)    for exemptions, deferrals, and credits; and
(ii)    for a lien to attach to property in a special taxing district to the extent of that property owner’s obligation under any special taxing district financing; and
(5)    may not allow:
(i)    acceleration of assessments or taxes by reason of bond default; or
(ii)    an increase in the maximum special assessments, special taxes, or other fees or charges applicable to any individual property if other property owners become delinquent in paying a special assessment, a special tax, or any other fee or charge securing bonds issued under this subtitle.
2023 Maryland Statutes › Local Government › Division IV - Local Finance › Title 21 - Special Taxing Districts › Subtitle 5 - Districts for Infrastructure Improvements for Selected Counties › Part II - Special Provisions Applicable to Individual Counties › Section 21-520 - Cecil County

(a)    Except as provided in subsection (e) of this section, Cecil County may exercise the authority granted under this subtitle only in a designated growth area as defined in the county comprehensive plan.
(b)    (1)    The governing body of Cecil County shall hold at least one public hearing on a bill establishing a special taxing district.
(2)    At the public hearing, the governing body may consider the following elements of a proposed development that would receive the proceeds of a bond:
(i)    development design standards;
(ii)    the use of transfer of development rights or other methods of increasing the density of development;
(iii)    design and use of open space; and
(iv)    availability and design of recreational and educational facilities.
(c)    A law enacted by Cecil County under this subtitle shall require that adequate debt service reserve funds be maintained.
(d)    Except as provided in subsection (e)(2) of this section and notwithstanding § 21–503(c) of this subtitle, before Cecil County may establish a special taxing district, all of the owners of real property in the proposed special taxing district shall petition the county to establish the special taxing district.
(e)    For the purpose of providing Internet service, Cecil County may:
(1)    exercise the authority granted under this subtitle in the entirety of the unincorporated area of the county;
(2)    establish a special taxing district if property owners in the proposed special taxing district petition the county in accordance with § 21–503(c) of this subtitle; and
(3)    impose ad valorem or special taxes and issue bonds under this subtitle.
2023 Maryland Statutes › Local Government › Division IV - Local Finance › Title 21 - Special Taxing Districts › Subtitle 5 - Districts for Infrastructure Improvements for Selected Counties › Part II - Special Provisions Applicable to Individual Counties › Section 21-521 - Charles County

(a)    Charles County may exercise the authority granted under this subtitle to provide financing, refinancing, or reimbursement of costs for the purposes under § 21–504(a) of this subtitle relating to the development of resort hotels and conference centers in a waterfront planned community.
(b)    (1)    In addition to imposing ad valorem or special taxes under this subtitle, Charles County may impose a hotel rental tax in a special taxing district to provide financing, refinancing, or reimbursement of costs for the purposes under § 21–504(a) of this subtitle relating to the development of resort hotels and conference centers in a waterfront planned community.
(2)    The taxes provided under this subtitle for payment of bonds and pledged to the special fund may include the hotel rental tax authorized under this subsection.
(3)    The hotel rental tax authorized under this subsection is in addition to the hotel rental tax authorized under Title 20, Subtitle 4 of this article.
(4)    The rate of the hotel rental tax authorized under this subsection may not exceed the rate of the hotel rental tax imposed under Title 20, Subtitle 4 of this article in effect on the day the governing body of Charles County establishes a special taxing district under this subtitle.
(5)    The proceeds from the hotel rental tax authorized under this subsection may be used only for the purposes authorized under this subtitle.
(6)    Charles County may not impose the hotel rental tax authorized under this subsection outside a special taxing district established under this subtitle.
(c)    (1)    Charles County may exercise the authority granted under this subtitle to provide financing, refinancing, or reimbursement for the cost of:
(i)    convention centers, conference centers, and visitors’ centers;
(ii)    maintaining infrastructure improvements, convention centers, conference centers, and visitors’ centers; and
(iii)    marketing special taxing district facilities and other improvements.
(2)    Any financing, refinancing, or reimbursement provided under paragraph (1) of this subsection shall be contingent on the review and approval of the Board of County Commissioners of Charles County.
(3)    In exercising its authority under paragraph (1) of this subsection, Charles County may establish minority business enterprise participation goals for each development project wholly or partly financed through bonds issued under this subsection.
2023 Maryland Statutes › Local Government › Division IV - Local Finance › Title 21 - Special Taxing Districts › Subtitle 5 - Districts for Infrastructure Improvements for Selected Counties › Part II - Special Provisions Applicable to Individual Counties › Section 21-522 - Harford County

(a)    (1)    Except as provided in paragraph (2) of this subsection, Harford County may exercise the authority granted under this subtitle only in a designated growth area as defined in the county Master Plan and Land Use Element Plan.
(2)    Harford County may not exercise the authority granted under this subtitle in any rural village.
(b)    In Harford County, a special taxing district may be established only by a law enacted by the governing body of the county.
(c)    At a public hearing on a bill establishing a special taxing district, the governing body of Harford County may consider elements of a proposed development that would receive the proceeds of bonds, including:
(1)    development design standards;
(2)    the use of transfer of development rights or other methods of achieving density of development;
(3)    design and use of open space; and
(4)    availability and design of recreational and educational facilities.
(d)    A law enacted by Harford County establishing a special taxing district shall require that adequate debt service reserve funds be maintained.
(e)    Notwithstanding § 21–503(c) of this subtitle, before Harford County may establish a special taxing district, all of the owners of real property in the proposed special taxing district shall petition the county to establish the special taxing district.
2023 Maryland Statutes › Local Government › Division IV - Local Finance › Title 21 - Special Taxing Districts › Subtitle 5 - Districts for Infrastructure Improvements for Selected Counties › Part II - Special Provisions Applicable to Individual Counties › Section 21-523 - Prince George's County

Prince George’s County may exercise the authority granted under this subtitle to:
(1)    impose hotel rental taxes; and
(2)    provide financing, refinancing, or reimbursement for the cost of:
(i)    convention centers, conference centers, and visitors’ centers;
(ii)    maintaining infrastructure improvements, convention centers, conference centers, and visitors’ centers;
(iii)    marketing special taxing district facilities and other improvements; and
(iv)    renovating, rehabilitating, and repairing existing buildings, building systems, and components for existing residential condominiums designated as workforce housing, as defined in § 4–1801 of the Housing and Community Development Article.
2023 Maryland Statutes › Local Government › Division IV - Local Finance › Title 21 - Special Taxing Districts › Subtitle 6 - Stormwater Management Districts -- Montgomery and Prince George's Counties › Part I - Definitions; General Provisions › Section 21-601 - Definitions

(a)    In this subtitle the following words have the meanings indicated.
(b)    “Bond” means a bond, note, or other evidence of obligation.
(c)    “Commission” means the Washington Suburban Sanitary Commission.
(d)    “Sanitary district” has the meaning stated in § 16–101 of the Public Utilities Article.
(e)    (1)    “Stormwater management” means the planning, designing, acquisition, construction, demolition, maintenance, and operation of facilities, practices, and programs for the control and disposition of storm and surface water.
(2)    “Stormwater management” includes floodproofing, flood control, and navigation programs.
(3)    In Prince George’s County, “stormwater management” also means the protection, conservation, regulation, creation, and acquisition of property described in §§ 5–901(g) and 16–101(l) of the Environment Article, consistent with federal and State laws and regulations on the subject of nontidal and private wetlands.
(f)    “Stormwater management district” means a stormwater management district authorized under this subtitle.
2023 Maryland Statutes › Local Government › Division IV - Local Finance › Title 21 - Special Taxing Districts › Subtitle 6 - Stormwater Management Districts -- Montgomery and Prince George's Counties › Part I - Definitions; General Provisions › Section 21-603 - Construction of Subtitle

(a)    This subtitle shall be liberally construed to carry out its purposes.
(b)    This subtitle does not impair the rights and privileges vested in the holders of bonds issued by the Commission or Prince George’s County for stormwater management.
2023 Maryland Statutes › Local Government › Division IV - Local Finance › Title 21 - Special Taxing Districts › Subtitle 6 - Stormwater Management Districts -- Montgomery and Prince George's Counties › Part II - General Powers and Duties of Local Jurisdiction › Section 21-606 - Stormwater Management in Montgomery County

(a)    (1)    Montgomery County may establish a stormwater management district that includes the land in its boundaries, except for the land in the City of Takoma Park.
(2)    In its stormwater management district, Montgomery County shall provide efficient stormwater management services to the residents and property owners of the stormwater management district with adequate facilities for development and promotion of safety for life and property.
(3)    The stormwater management services shall include those formerly performed by the Commission.
(4)    Montgomery County may not exercise stormwater management authority in the City of Takoma Park unless the city and county otherwise agree.
(b)    (1)    The stormwater management district is a special taxing district for the purpose of stormwater management.
(2)    Montgomery County may establish one or more special taxing areas within its stormwater management district.
2023 Maryland Statutes › Local Government › Division IV - Local Finance › Title 21 - Special Taxing Districts › Subtitle 6 - Stormwater Management Districts -- Montgomery and Prince George's Counties › Part II - General Powers and Duties of Local Jurisdiction › Section 21-607 - Stormwater Management in Prince George's County

(a)    (1)    Prince George’s County may establish a stormwater management district that includes the land in its boundaries, except for the land in the City of Bowie.
(2)    In its stormwater management district, Prince George’s County shall provide efficient stormwater management services to the residents and property owners of the stormwater management district with adequate facilities for development and promotion of safety for life and property.
(3)    The stormwater management services shall include those formerly performed by the Commission.
(4)    Prince George’s County may not exercise stormwater management authority in the City of Bowie unless the city and county otherwise agree.
(b)    (1)    The stormwater management district is a special taxing district for the purpose of stormwater management.
(2)    Prince George’s County may establish one or more special taxing areas in its stormwater management district.
2023 Maryland Statutes › Local Government › Division IV - Local Finance › Title 21 - Special Taxing Districts › Subtitle 6 - Stormwater Management Districts -- Montgomery and Prince George's Counties › Part II - General Powers and Duties of Local Jurisdiction › Section 21-608 - Agreements With Commission

The Commission may enter into agreements with Montgomery County and Prince George’s County to perform stormwater management activities on behalf of each county as the county considers necessary and appropriate to maintain effective stormwater management programs in the stormwater management district.
2023 Maryland Statutes › Local Government › Division IV - Local Finance › Title 21 - Special Taxing Districts › Subtitle 6 - Stormwater Management Districts -- Montgomery and Prince George's Counties › Part III - Bonding Authority › Section 21-611 - Construction of Part

Montgomery County, Prince George’s County, and the City of Takoma Park shall have independent and supplemental authority to enact an ordinance or other legislation to issue bonds for the purposes provided in this subtitle.
2023 Maryland Statutes › Local Government › Division IV - Local Finance › Title 21 - Special Taxing Districts › Subtitle 6 - Stormwater Management Districts -- Montgomery and Prince George's Counties › Part III - Bonding Authority › Section 21-612 - Authority to Issue Bonds

(a)    (1)    Montgomery County, Prince George’s County, and the City of Takoma Park may issue bonds in any amount that they consider necessary to provide money for their respective portions of the stormwater management programs and systems authorized under this subtitle.
(2)    The proceeds of bonds issued under paragraph (1) of this subsection shall be used for the planning, acquisition, construction, reconstruction, establishment, extension, enlargement, demolition, or purchase of facilities, including land, interests in land, or equipment, for stormwater management programs and systems.
(b)    (1)    (i)    Bonds of the City of Takoma Park authorized by this subtitle may be issued in conjunction with bonds of Prince George’s County authorized by this subtitle in the manner provided by resolutions of the City Council of the City of Takoma Park and the County Council of Prince George’s County, subject in each case to approval of bond counsel for the respective jurisdiction.
(ii)    The resolutions may include procedures for a joint or coordinated offering or sale of the bonds.
(2)    (i)    Prince George’s County may issue bonds authorized by this subtitle payable from the ad valorem taxes authorized by § 21–623(a) of this subtitle for the benefit of the City of Takoma Park for the same purposes for which the City of Takoma Park may issue bonds under this subtitle in connection with systems located in the City of Takoma Park, subject to the approval of bond counsel for Prince George’s County.
(ii)    The bonds authorized by this paragraph shall be approved by appropriate resolutions of the City Council of the City of Takoma Park and the County Council of Prince George’s County.
(iii)    The resolutions shall provide for the lending of the appropriate portion of the proceeds of the bonds by Prince George’s County to the City of Takoma Park and the repayment of the loan by the City of Takoma Park to Prince George’s County in the amounts and at the times necessary to enable Prince George’s County to make all payments of principal of and interest on the bonds when due, including the proportionate part of any principal of any outstanding sinking fund bonds, as determined by the table of redemption of bonds for bonds issued by Prince George’s County for the benefit of the City of Takoma Park for stormwater management under this subtitle.
2023 Maryland Statutes › Local Government › Division IV - Local Finance › Title 21 - Special Taxing Districts › Subtitle 6 - Stormwater Management Districts -- Montgomery and Prince George's Counties › Part III - Bonding Authority › Section 21-613 - Requirements for Bonds

Bonds issued under this part:
(1)    are general obligation bonds of the issuing authority that are fully registered as to both principal and interest when approved by ordinance or other legislative act of the county or city;
(2)    shall bear interest payable at any time and at any annual rate as provided or authorized by legislative act;
(3)    may not mature later than 40 years from the date of their issue;
(4)    may be made redeemable before maturity at the option of the issuing authority, at any price and under any terms and conditions that are set before their issuance;
(5)    shall have any other terms and provisions and be otherwise issued as provided or authorized by legislative act; and
(6)    shall be sold in any manner, either at a public or private negotiated sale, and on any terms, at, above, or below par, as provided or authorized by legislative act.
2023 Maryland Statutes › Local Government › Division IV - Local Finance › Title 21 - Special Taxing Districts › Subtitle 6 - Stormwater Management Districts -- Montgomery and Prince George's Counties › Part III - Bonding Authority › Section 21-614 - Exemption From Tax

Bonds issued under this part, a transfer of the bonds, the interest payable on the bonds, and any income derived from the bonds, including any profit realized in the sale or exchange of the bonds, are exempt from taxation by the State or by any county, municipality, or other public unit of the State.
2023 Maryland Statutes › Local Government › Division IV - Local Finance › Title 21 - Special Taxing Districts › Subtitle 6 - Stormwater Management Districts -- Montgomery and Prince George's Counties › Part III - Bonding Authority › Section 21-615 - Exemption From Other Public Debt Requirements

Bonds authorized by this part and the issuance and sale of the bonds are exempt from §§ 19–205 and 19–206 of this article.
2023 Maryland Statutes › Local Government › Division IV - Local Finance › Title 21 - Special Taxing Districts › Subtitle 6 - Stormwater Management Districts -- Montgomery and Prince George's Counties › Part III - Bonding Authority › Section 21-616 - Pledge of Full Faith and Credit; Payment for Bonds

(a)    Bonds authorized by this part are, and shall state, an irrevocable pledge of the full faith and credit and unlimited taxing power of the issuing authority to the payment of the maturing principal of and interest on the bonds as and when the bonds become payable.
(b)    The bonds shall be payable first from the stormwater management fund of the issuing authority.
(c)    To the extent a stormwater management fund is insufficient to pay the principal, interest, and redemption premium, if any, on the bonds, the issuing authority shall impose ad valorem taxes, unlimited as to rate or amount, on all assessable property in the stormwater management district in an amount sufficient to provide for the payment of the principal, interest, and redemption premium, if any, when due.
2023 Maryland Statutes › Local Government › Division IV - Local Finance › Title 21 - Special Taxing Districts › Subtitle 6 - Stormwater Management Districts -- Montgomery and Prince George's Counties › Part III - Bonding Authority › Section 21-617 - Exemption From Other Provisions of Law

Notwithstanding any limitation or provision of any charter or local law regulating the creation of public debts or the financing of capital projects, bonds issued under this part, the borrowing that the bonds represent, the pledge of the full faith and credit of the issuing authority or any other guarantee of the issuing authority, and the programs or projects being financed are not subject to:
(1)    any referendum requirement of the charter or local law of the authority issuing the bonds or in which the programs or projects are located;
(2)    any limitation of the charter or local law on the rate of taxation or the aggregate amount of taxes that may be imposed by the issuing authority; or
(3)    any requirement of charter or local law as to the form or public sale of the bonds.
2023 Maryland Statutes › Local Government › Division IV - Local Finance › Title 21 - Special Taxing Districts › Subtitle 6 - Stormwater Management Districts -- Montgomery and Prince George's Counties › Part III - Bonding Authority › Section 21-618 - Stormwater Management Bonds -- Validity

(a)    Bonds issued by Montgomery County or Prince George’s County to provide money for stormwater management remain valid, binding, and enforceable in accordance with their terms, including any provision for a maturity date beyond June 30, 1990.
(b)    Notwithstanding the repeal, expiration, or termination after the date of issuance of the bonds of the authority under which the bonds were issued, the rights of the bondholders and the responsibilities and obligations of Montgomery County or Prince George’s County with respect to the bonds may not be impaired and shall remain in full force and effect.
(c)    The responsibility of Montgomery County or Prince George’s County includes the responsibility to repay the bonds and to impose taxes for or otherwise guarantee the payment of the bonds.
2023 Maryland Statutes › Local Government › Division IV - Local Finance › Title 21 - Special Taxing Districts › Subtitle 6 - Stormwater Management Districts -- Montgomery and Prince George's Counties › Part IV - Funding › Section 21-621 - Construction of Part

(a)    This part does not impair the rights of Prince George’s County or the City of Bowie to contract with each other for the provision of stormwater management.
(b)    This part does not impair the rights of Prince George’s County or the City of Takoma Park to contract with each other, or with other parties, for the provision of stormwater management.
2023 Maryland Statutes › Local Government › Division IV - Local Finance › Title 21 - Special Taxing Districts › Subtitle 6 - Stormwater Management Districts -- Montgomery and Prince George's Counties › Part IV - Funding › Section 21-622 - Developer or Owner Contributions to Cost of Project

(a)    (1)    In the stormwater management district, Prince George’s County may require an owner or developer of a subdivision or tract of land on which buildings are to be erected to contribute what the county determines to be a fair share of the cost of a stormwater management project before the county approves or constructs the project.
(2)    In the City of Bowie, the city may require an owner or developer of a subdivision or tract of land on which buildings are to be erected to contribute what the city determines to be a fair share of the cost of a stormwater management project before the city approves or constructs the project.
(3)    In the City of Takoma Park, the city may require an owner or developer of a subdivision or tract of land on which buildings are to be erected to contribute what the City Council determines to be a fair share of the cost of a stormwater management project in the city’s jurisdiction before the City Council approves the project for construction.
(4)    In Montgomery County, except for property in the City of Takoma Park, the Montgomery County Council may require an owner or developer of a subdivision or tract of land on which buildings are to be erected to contribute what the County Council determines to be a fair share of the cost of a stormwater management project in the county’s jurisdiction before the County Council approves the project for construction.
(5)    Before construction begins, the contribution shall be paid in cash or secured to the satisfaction of the approving authority.
(b)    Montgomery County, Prince George’s County, the City of Bowie, and the City of Takoma Park each may construct in its boundaries any part of an approved stormwater management project if the owner or developer contributes a share of the cost of the project considered appropriate by the approving authority.
(c)    Montgomery County, Prince George’s County, the City of Bowie, and the City of Takoma Park each shall include in its annual capital budget for stormwater management capital projects an amount representing anticipated contributions to stormwater management.
2023 Maryland Statutes › Local Government › Division IV - Local Finance › Title 21 - Special Taxing Districts › Subtitle 6 - Stormwater Management Districts -- Montgomery and Prince George's Counties › Part IV - Funding › Section 21-623 - County Tax Authorized

(a)    Except as otherwise provided in this subtitle, Montgomery County and Prince George’s County each may impose an ad valorem tax on all property assessed for tax purposes in the stormwater management district at a rate required to produce the amount needed to pay for:
(1)    maintenance of stormwater management systems in the stormwater management district that were maintained by the Commission before July 1, 1987, and systems established by each county on or after July 1, 1987;
(2)    the principal and interest that becomes due and owing to the bondholders during the following year and the proportionate part of the principal of all outstanding sinking fund bonds, as determined by the table of redemption of bonds for bonds issued by:
(i)    the Commission for stormwater management; and
(ii)    the county for stormwater management under this subtitle; and
(3)    the cost of stormwater management activities and practices in the stormwater management district, as approved in the county’s annual stormwater management budget and appropriations resolution for the following fiscal year.
(b)    (1)    The Commission shall certify annually to each county the amount necessary to produce the sum required to pay the principal, interest, and other obligations for the current year on the outstanding bonds issued by the Commission to pay for stormwater management projects in the county’s stormwater management district.
(2)    The county shall pay the amount certified under paragraph (1) of this subsection.
(c)    (1)    Except as provided in paragraph (2) of this subsection, the taxes authorized by this section shall be imposed and collected in the same manner, have the same priority, bear the same interest, and be treated in all respects as other county taxes.
(2)    (i)    Notwithstanding any provision of charter or other law, the taxes may not be subject to a limitation on the tax rate or tax revenues of the county.
(ii)    The tax revenues shall be deposited and maintained in a separate stormwater management fund established under § 21–627 of this subtitle.
(iii)    The tax revenues deposited in the fund shall be in addition to all other county taxes and may not be considered county taxes for the purpose of applying the limitations in Article VIII, § 812 of the Prince George’s County Charter.
2023 Maryland Statutes › Local Government › Division IV - Local Finance › Title 21 - Special Taxing Districts › Subtitle 6 - Stormwater Management Districts -- Montgomery and Prince George's Counties › Part IV - Funding › Section 21-624 - Montgomery County -- Ad Valorem Tax

(a)    This section applies only in Montgomery County.
(b)    Subject to subsections (c)(1) and (d) of this section, the County Council of Montgomery County shall impose an ad valorem tax on all property assessed for tax purposes in the county, including property in any municipality in the county.
(c)    (1)    Except for the City of Takoma Park, the ad valorem tax may not exceed:
(i)    0.4 cent per $100 of the assessed value of real property; or
(ii)    1 cent per $100 of the assessed value of personal property and operating real property described in § 8–109(c) of the Tax – Property Article.
(2)    The tax shall be in an amount necessary to pay for the maintenance of:
(i)    stormwater management systems in the part of the sanitary district in Montgomery County that were previously maintained by the Commission; and
(ii)    on application of a municipality, any stormwater management system previously maintained by the municipality.
(d)    (1)    If a municipality decides to maintain all existing stormwater management systems in its boundaries, the municipality shall notify the county council of its intent to maintain the stormwater management systems before the date on which the county council adopts its annual budget.
(2)    If the conditions set forth in paragraph (1) of this subsection are met, all assessable properties in the municipality shall be exempt from the tax imposed under this section.
(e)    (1)    The county shall maintain every interest in stormwater easements, structures, and other properties in the county, whether or not established by plat, that were transferred by deed to the county.
(2)    The Commission and any municipality in the county shall allow the county to enter and exit over any fee, leasehold, easement, or right–of–way of the Commission or municipality to maintain any stormwater easement, structure, or other property.
2023 Maryland Statutes › Local Government › Division IV - Local Finance › Title 21 - Special Taxing Districts › Subtitle 6 - Stormwater Management Districts -- Montgomery and Prince George's Counties › Part IV - Funding › Section 21-625 - Tax Authorized for City of Takoma Park

(a)    Except as otherwise provided in this subtitle, the City of Takoma Park may impose an ad valorem tax on all property assessed for tax purposes in the city at a rate required to produce the amount needed to pay for:
(1)    maintenance of stormwater management systems in the city that were maintained by the Commission before July 1, 1990, and systems established by the city on or after July 1, 1990;
(2)    the principal and interest that becomes due and owing to:
(i)    the bondholders during the following year and the proportionate part of the principal of all outstanding sinking fund bonds, as determined by the table of redemption of bonds for bonds issued by or on behalf of the city on or after July 1, 1990, for stormwater management under this subtitle; and
(ii)    Prince George’s County with respect to the repayment of any loan made by the county to the City of Takoma Park under § 21–612(b) of this subtitle; and
(3)    the cost of stormwater management activities and practices in the city, as approved in the city’s annual stormwater management budget and appropriations resolution for the following fiscal year.
(b)    In lieu of the ad valorem taxes authorized by subsection (a) of this section, the City of Takoma Park may adopt a stormwater management utility fee system or user charges to pay the costs of stormwater management activities and projects based on factors such as land use, amount of runoff, conservation, and environmental and other considerations.
(c)    (1)    Except as provided in paragraph (2) of this subsection, the taxes authorized by this section shall be imposed and collected in the same manner, have the same priority, bear the same interest, and be treated in all respects as other taxes imposed by the City of Takoma Park.
(2)    (i)    Notwithstanding any provision of the charter, laws, or ordinances of the City of Takoma Park, the taxes may not be subject to a limitation on the tax rate or tax revenues of the city.
(ii)    The tax revenues, user charges, and utility fees shall be deposited and maintained in a separate stormwater management fund established under § 21–628 of this subtitle.
2023 Maryland Statutes › Local Government › Division IV - Local Finance › Title 21 - Special Taxing Districts › Subtitle 6 - Stormwater Management Districts -- Montgomery and Prince George's Counties › Part IV - Funding › Section 21-626 - Property Exempt From or Not Subject to Tax or Fees

(a)    Property owned by the State or a unit of State government, a county, a municipality, or a regularly organized volunteer fire department that is used for public purposes is exempt from the taxes, user charges, and utility fees imposed under this part.
(b)    Property that is not in a stormwater management district or is not otherwise provided direct or indirect stormwater management services in a stormwater management district may not have a tax imposed by the county until the county acquires, extends, or begins to provide stormwater management services, facilities, or programs to the property.
2023 Maryland Statutes › Local Government › Division IV - Local Finance › Title 21 - Special Taxing Districts › Subtitle 6 - Stormwater Management Districts -- Montgomery and Prince George's Counties › Part IV - Funding › Section 21-627 - County Stormwater Management Fund

(a)    On establishing a stormwater management district, Montgomery County and Prince George’s County each shall:
(1)    establish a stormwater management fund; and
(2)    deposit in the fund:
(i)    receipts and revenues from an ad valorem tax imposed under § 21–623 of this subtitle; and
(ii)    charges, fees, fees–in–lieu, and other contributions received from any person or governmental unit in connection with stormwater management activities or practices.
(b)    Money in a county stormwater management fund shall be used only to pay for the costs of stormwater management as set forth in § 21–623(a) of this subtitle.
2023 Maryland Statutes › Local Government › Division IV - Local Finance › Title 21 - Special Taxing Districts › Subtitle 6 - Stormwater Management Districts -- Montgomery and Prince George's Counties › Part IV - Funding › Section 21-628 - Takoma Park Stormwater Management Fund

(a)    The City of Takoma Park shall:
(1)    establish a stormwater management fund; and
(2)    deposit in the fund:
(i)    receipts and revenues from any ad valorem tax, user charge, or utility fee imposed under § 21–625 of this subtitle; and
(ii)    charges, fees, fees–in–lieu, and other contributions received from any person or governmental unit in connection with stormwater management activities or practices.
(b)    Money in the Takoma Park stormwater management fund shall be used only to pay for the costs of stormwater management as set forth in § 21–625(a) of this subtitle.
2023 Maryland Statutes › Local Government › Division IV - Local Finance › Title 21 - Special Taxing Districts › Subtitle 6 - Stormwater Management Districts -- Montgomery and Prince George's Counties › Part IV - Funding › Section 21-629 - Effect of Annexation on City of Bowie and City of Takoma Park

(a)    If land in the Prince George’s County stormwater management district is annexed by the City of Bowie or the City of Takoma Park, the land is no longer part of the county stormwater management district.
(b)    (1)    Subject to paragraph (2) of this subsection, the annexing municipality is responsible for stormwater management in the annexed area.
(2)    Prince George’s County shall impose and collect from the annexed property an ad valorem tax at a rate sufficient to pay the principal, interest, and other obligations on outstanding bonds issued by the Commission or Prince George’s County for stormwater management before the annexation.
2023 Maryland Statutes › Local Government › Division IV - Local Finance › Title 21 - Special Taxing Districts › Subtitle 6 - Stormwater Management Districts -- Montgomery and Prince George's Counties › Part V - Maintenance › Section 21-632 - Responsibility for Maintenance

(a)    Each county and the City of Takoma Park is responsible for the maintenance of stormwater management systems or parts of systems located in its stormwater management district and transferred to it under this subtitle.
(b)    The Commission and any municipality in Montgomery County or Prince George’s County shall allow the county to enter and exit over any fee, leasehold, easement, or right–of–way of the Commission or the municipality to maintain any stormwater management easement, structure, or other property.