Md. Code, Economic Development § 10-129
This is the official text of Md. Code, Economic Development § 10-129, part of Maryland’s Code, Economic Development — governs the state's economic development programs.
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§10–129.
Official statutory text
(a) Except as provided in subsection (b) of this section, the Corporation is exempt from any requirement to pay taxes or assessments on its properties or activities, or any revenue from its properties or activities.
(b) Property that the Corporation sells or leases to a private entity is subject to State and local real property taxes from the time of the sale or lease.
(c) The bonds of the Corporation, including the interest on the bonds, are forever exempt from all State and local taxes.
(b) Property that the Corporation sells or leases to a private entity is subject to State and local real property taxes from the time of the sale or lease.
(c) The bonds of the Corporation, including the interest on the bonds, are forever exempt from all State and local taxes.
Status: in_force · Read it on the official government site
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