2013 Maryland Code
ECONOMIC DEVELOPMENT
§ 11-322 - Tax status


MD Econ Dev Code § 11-322 (2013) What's This?

§11-322.

(a) Except as provided in subsection (b) of this section, the authority is exempt from any requirement to pay any taxes or assessments on its properties, activities, or any revenue from its properties or activities.

(b) Property that the authority sells or leases to a private entity is subject to State and local property taxes from the time of the sale or lease.

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