<?xml version='1.0' encoding='utf-8'?>
<section article="gec" article_name="Economic Development" number="10-851" title_number="10" title_name="Statewide Development Resources and Revenue Authorities" subtitle_number="8" subtitle_name="Maryland Clean Energy Center">
  <level label="a">
    <text>The Center, its agent, or its lessee is not required to pay a tax or assessment on:</text>
    <level label="1">
      <text>a project or property that it acquires or uses under this subtitle; or</text>
    </level>
    <level label="2">
      <text>the income from that project or property.</text>
    </level>
  </level>
  <level label="b">
    <text>The principal of and interest on bonds, the transfer of bonds, and any income derived from the bonds, including profits made in their sale or transfer, are forever exempt from all State and local taxes.</text>
  </level>
</section>
