Maryland Code, Local Government § 4-215

(1) in the first full fiscal year after the municipal incorporation takes effect, one-third of the distribution otherwise required under § 2-607 of the Tax--General Article;

(2) in the second fiscal year after the municipal incorporation takes effect, two-thirds of the distribution otherwise required under § 2-607 of the Tax--General Article; and

(3) in the third fiscal year after the municipal incorporation takes effect and each subsequent fiscal year, all of the distribution required under § 2-607 of the Tax--General Article.