Maryland Department of Business and Economic Development Section 5-1208

      (a)      Except as provided in subsection (b) of this section, the Corporation may not be required to pay any taxes or assessments upon its properties or activities or upon any revenues therefrom.

      (b)      Whenever the Corporation sells or leases land or facilities to any private entity or entities, the land or facilities shall be subject to State and local property taxes from the time of the sale or lease.