§ 7–507
Statutes in effect as of October 1, 2026.
Md. Code Ann., Tax-Prop. § 7-507 (2026)
Title 7. Property Tax Exemptions
Subtitle 5. County Exemptions -- Optional; Payments in Lieu of Taxes
§ 7–507LinkCopy Citation
If the Mayor and City Council of Baltimore City or the governing body of a county or of a municipal corporation authorizes, by law, the stock in business consisting of foreign imports of a business engaged in importing is not subject to county or municipal corporation property tax if the foreign import is:
(1)
in the possession of the business engaged in importing; and
(2)
in its original package.