Maryland Statutes
§ 7-515
Maryland § 7-515
This text of Maryland § 7-515 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., Tax - Property § 7-515 (2026).
Text
(a)The governing body of Allegany County shall enter into an agreement with an owner or operator of a video lottery facility that locates in Allegany County for a negotiated payment in lieu of taxes on the video lottery facility.
(b)An agreement for a negotiated payment in lieu of taxes under this section shall provide that, for the term specified in the agreement:
(1)a specified amount shall be paid to Allegany County in lieu of the payment of Allegany County property tax; and
(2)all or a specified part of the real and personal property at the video lottery facility shall be exempt from Allegany County property tax for the term of the agreement.
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Bluebook (online)
Maryland § 7-515, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gtp/7-515.