2010 Maryland Code
TAX - PROPERTY
TITLE 7 - PROPERTY TAX EXEMPTIONS
Subtitle 2 - General Property Tax Exemptions
Section 7-243 - Heavy equipment property.
(Section effective December 31, 2010.)
§ 7-243. Heavy equipment property.
(a) "Heavy equipment property" defined.- In this section, "heavy equipment property" has the meaning stated in Article 24, § 9-609 of the Code.
(b) In general.- Heavy equipment property is not subject to the property tax if the property is subject to the gross receipts tax imposed under Article 24, § 9-609 of the Code.
[2010, ch. 337, § 2.]
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