§ 7-240
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/md/tax-property/7-240A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§7–240.
Personal property is not subject to property tax if the property:
(1)is owned by a nonprofit organization that:
(i)is qualified as tax exempt under § 501(c)(4) of the Internal Revenue Code; and
(ii)is engaged primarily in providing a program to render its best efforts to contain, clean up, and otherwise mitigate spills of oil or other substances occurring in United States coastal and tidal waters; and
(2)is used for the purposes of the organization.