Maryland Statutes
§ 12-713
Maryland § 12-713
This text of Maryland § 12-713 is published on Counsel Stack Legal Research, covering Maryland primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Md. Code Ann., Economic Development § 12-713 (2026).
Text
§12–713. IN EFFECT // EFFECTIVE UNTIL SEPTEMBER 30, 2029 PER CHAPTERS 215 AND 216 OF 2025 //
(a)Except as provided in subsection (b) of this section, the Authority is exempt from taxation or assessments on any part of a development or project, the Authority’s activities in operating and maintaining a development or project, and revenues from a development or project.
(b)Any property that is sold or leased by the Authority to a private entity is subject to Baltimore City and local real property taxes from the time of sale or lease.
(c)The Authority is exempt from State and local transfer and recordation tax.
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Bluebook (online)
Maryland § 12-713, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gec/12-713.