(a) The Secretary may designate an area as an arts and entertainment district only if the area is a contiguous geographic area that is wholly within:
(1) a priority funding area as provided under § 5-7B-02 of the State Finance and Procurement Article; or
(2) a qualified opportunity zone designated under § 1400Z-1 of the Internal Revenue Code in Allegany County, Garrett County, Somerset County, or Wicomico County.
(b) (1) Within 60 days after a submission date, the Secretary may designate one or more arts and entertainment districts from among the areas in the applications timely submitted.
(2) A county may not receive more than one arts and entertainment district designation in a calendar year.
(c) The designation of the Secretary is final.
(d) At any time, a political subdivision may reapply to the Secretary to designate as an arts and entertainment district an area that is not so designated.