Plain Text Law

§ 11–418

Statutes in effect as of October 1, 2026.

Md. Code Ann., Econ. Dev. § 11-418 (2026)
Title 11. Military Installation Support
Subtitle 4. Bainbridge Development Corporation

§ 11–418Copy Citation

(a)
Except as provided in subsection (b) of this section, the Corporation is exempt from any requirement to pay any taxes or assessments on its properties, 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 property taxes from the time of the sale or lease.