# Tax - Property (GTP)

## Title 7. Property Tax Exemptions

### Subtitle 2. General Property Tax Exemptions

#### Section 7-231

(a) As used in this section, "vessel" includes a ship, boat, or watercraft.

(b) A vessel is not subject to valuation or to property tax if the vessel is:

  (1) not more than 100 feet in length; or

  (2) regularly used in whole or in part in commerce outside the State.

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Md. Code Ann., Tax-Prop. (as displayed at mgaleg.maryland.gov, October 16, 2026)