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Compensation limit.

Baltimore City Code, Article 22A, § 5-7
in effect
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§ 5-7. Compensation limit. Pursuant to IRC § 401(a)(17) and the regulations adopted under that section, the annual compensation of each member taken into account in determining the amount of contributions under the Retirement Savings Plan may not exceed $200,000, as adjusted by cost-of-living increases under IRC § 415(d). (Ord. 14-216.)
Source: City of Baltimore Department of Legislative Reference, City of Baltimore Law Library (codes.baltimorecity.gov; Open Law Library bulk XML)URL: https://codes.baltimorecity.gov/us/md/cities/baltimore/code/22A/5-7Fetched: 10/25/2026

Starting a business in Maryland? Maryland LLC guide: costs and requirements

5-7 | Corpus