§ 9-957
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/md/environment/9-957A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§9–957.
(a)An authority is not required to pay any tax or assessment on:
(1)Any project; or
(2)The income from any project.
(b)This State, any political subdivision, and any other public agency in this State may not tax:
(1)Any bond that is issued under this subtitle;
(2)The transfer of the bond; or
(3)Any income from the bond, including any profit on the sale of the bond.