§ 7–504.4
Statutes in effect as of October 1, 2026.
Md. Code Ann., Tax-Prop. § 7-504.4 (2026)
Title 7. Property Tax Exemptions
Subtitle 5. County Exemptions -- Optional; Payments in Lieu of Taxes
§ 7–504.4LinkCopy Citation
(a)
(1)
In this section the following words have the meanings indicated.
(2)
“Hippodrome Performing Arts Center facility” means the Hippodrome Performing Arts facility as defined in § 10–601 of the Economic Development Article.
(3)
“Hippodrome Performing Arts Center site” means the Hippodrome Performing Arts site as defined in § 10–601 of the Economic Development Article.
(b)
The Hippodrome Performing Arts Center site and the Hippodrome Performing Arts Center facility are subject to property taxes unless:
(1)
such properties are used principally as a performing arts center; and
(2)
the owner of such properties and the Baltimore City Board of Estimates agree on a payment that the owner shall make to Baltimore City in lieu of Baltimore City real property taxes.