There is a newer version of the Maryland Code
Maryland Environment Section 9-957
§ 9-957.
  (a)   An authority is not required to pay any tax or assessment on:
    (1)   Any project; or
    (2)   The income from any project.
  (b)   This State, any political subdivision, and any other public agency in this State may not tax:
    (1)   Any bond that is issued under this subtitle;
    (2)   The transfer of the bond; or
    (3)   Any income from the bond, including any profit on the sale of the bond.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.