2013 Maryland Code
TAX - PROPERTY
§ 7-509 - Washington County -- Warehouse property

§7-509.

(a) In this section, “warehouser” means a person engaged only in the business of warehousing merchandise as a distribution center and that the person does not have any retail or wholesale sales persons.

(b) The governing body of Washington County may exempt the stock in business of a warehouser from the Washington County property tax.

§ 7-509 - 1. Washington County -- Technology-related businesses.

(a) In general. --

(1) The governing body of Washington County may enter into an agreement with the owner of a technology-related business that is located or locates in Washington County for a negotiated payment by the owner in lieu of taxes on personal property owned by the technology-related business.

(2) An agreement for a negotiated payment in lieu of taxes under this section shall provide that, for the term specified in the agreement:

(i) the owner shall pay to Washington County a specified amount each year in lieu of the payment of Washington County personal property tax; and

(ii) all or a specified part of the personal property of the technology-related business shall be exempt from Washington County personal property tax for the term of the agreement.

(b) Property exempted. -- As specified in an agreement for a negotiated payment in lieu of taxes under this section, for the term specified in the agreement, the personal property of a technology-related business that is located or locates in Washington County is exempt from Washington County personal property tax.