§ 9–957

Statutes in effect as of October 1, 2026.

Md. Code Ann., Envir. § 9-957 (2026)

Title 9. Water, Ice, and Sanitary Facilities

Subtitle 9. Water and Sewer Authorities

(a)

An authority is not required to pay any tax or assessment on:

(1)

Any project; or

(2)

The income from any project.

(b)

This State, any political subdivision, and any other public agency in this State may not tax:

(1)

Any bond that is issued under this subtitle;

(2)

The transfer of the bond; or

(3)

Any income from the bond, including any profit on the sale of the bond.