# COMAR Title 18 — Department of Assessments and Taxation

## Subtitle 03 — Personal Property Assessments

### Chapter 04 — Banks or Trust Companies

#### Regulation .03 Exempt Property.

*COMAR 18.03.04.03*

A computer program or computer hardware owned and used by a bank or trust company in connection with the processing of deposits or loans is not subject to valuation or property tax.