# Local Government (GLG)

## Title 1. Definitions; General Provisions

### Subtitle 11. Clean Energy Loan Programs

#### Section 1-1109

(a) A bond, the transfer of a bond, the interest payable on a bond, the income derived from a bond, and the profit realized on the sale or exchange of a bond are exempt from State and local taxes.

(b) A county or municipality may issue bonds without regard to the federal tax status of the bonds.

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Md. Code Ann., Local Gov't (as displayed at mgaleg.maryland.gov, October 16, 2026)