§ 7-244

Maryland § 7-244

• Jurisdiction: Maryland
• Article gtp: Tax - Property
• Title: 7

Text

(a) (1) In this section the following words have the meanings indicated.

(2) “Associated equipment” has the meaning stated in § 9–1A–01 of the State Government Article.

(3) “Table games” has the meaning stated in § 9–1A–01 of the State Government Article.

(4) “Video lottery operation license” has the meaning stated in § 9–1A–01 of the State Government Article.

(5) “Video lottery terminal” has the meaning stated in § 9–1A–01 of the State Government Article.

(b) Video lottery terminals and any associated equipment or software leased by the State Lottery and Gaming Control Commission as provided in § 9–1A–21 of the State Government Article are not subject to property tax.

(c) An interest of a person in video lottery terminals and any associated equipment or software owned by the State Lottery and Gaming Control Commission as provided in § 9–1A–21 of the State Government Article is not subject to property tax.

(d) Video lottery terminals, any associated equipment and software, and table games owned or leased by a holder of a video lottery operation license are not subject to property tax.