§ 7-504.4
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/md/tax-property/7-504-4A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§7–504.4.
(1)In this section the following words have the meanings indicated.
(2)“Hippodrome Performing Arts Center facility” means the Hippodrome Performing Arts facility as defined in § 10–601 of the Economic Development Article.
(3)“Hippodrome Performing Arts Center site” means the Hippodrome Performing Arts site as defined in § 10–601 of the Economic Development Article.
(b)The Hippodrome Performing Arts Center site and the Hippodrome Performing Arts Center facility are subject to property taxes unless:
(1)such properties are used principally as a performing arts center; and
(2)the owner of such properties and the Baltimore City Board of Estimates agree on a payment that the owner shall make to Baltimore City in lieu of Baltimore City real property taxes.