§ 7–246
Statutes in effect as of October 1, 2026.
Md. Code Ann., Tax-Prop. § 7-246 (2026)
Title 7. Property Tax Exemptions
Subtitle 2. General Property Tax Exemptions
§ 7–246LinkCopy Citation
(a)
In this section, “Pimlico racing facility site” and “training facility site” have the meanings stated in § 10–601 of the Economic Development Article.
(b)
An interest of a person in an improvement at the Pimlico racing facility site or training facility site or an interest of a person in the real property of the Pimlico racing facility site or training facility site is not subject to property tax for the duration of:
(1)
with respect to the Pimlico racing facility site, the long–term agreement described under § 10–646.1(d) of the Economic Development Article; or
(2)
with respect to the training facility site, the long–term agreement described under § 10–646.1(d) of the Economic Development Article.