§ 9-231
76 words·~1 min read·
/md/tax-property/9-231A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§9–231.
(a)In this section, “foreign trade zone” means a foreign trade zone or subzone established under federal law.
(b)The governing body of a county or municipal corporation may grant, by law, a property tax credit against the county or municipal property tax imposed on personal property, other than operating personal property of a public utility, if the personal property is located in a foreign trade zone that is within that county or municipal corporation.