2010 Maryland Code
TAX - PROPERTY
TITLE 7 - PROPERTY TAX EXEMPTIONS
Subtitle 5 - County Exemptions - Optional; Payments in Lieu of Taxes
Section 7-507 - Foreign import property.

§ 7-507. Foreign import property.
 

If the Mayor and City Council of Baltimore City or the governing body of a county or of a municipal corporation authorizes, by law, the stock in business consisting of foreign imports of a business engaged in importing is not subject to county or municipal corporation property tax if the foreign import is: 

(1) in the possession of the business engaged in importing; and 

(2) in its original package. 
 

[An. Code 1957, art. 81, § 9A; 1985, ch. 8, § 2.] 
 

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