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2013 Maryland Code
ECONOMIC DEVELOPMENT
§ 10-226 - Tax status


MD Econ Dev Code § 10-226 (2013) What's This?

§10-226.

(a) Subject to § 10-217(e) of this subtitle, the Authority is exempt from taxation or assessments on any part of a development or project, the Authority’s activities in operating and maintaining a development or project, and revenues from a development or project.

(b) The bonds of the Authority, including the interest on the bonds, are forever exempt from State and local taxes.

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