Maryland Environment Section 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.