Unannotated Code of Maryland (Last Updated: May 16, 2014) |
LAND USE |
DIVISION II. MARYLAND-NATIONAL CAPITAL PARK AND PLANNING COMMISSION. |
TITLE 17. POWERS AND PROPERTY. |
SUBTITLE 2. USE OF PROPERTY. |
§ 17-203. Tax exemption for property acquired.
Latest version.
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(a) In general. -- All property acquired by the Commission for any purpose specified in this subtitle and Subtitle 1 of this title is exempt from State, county, and municipal taxes.
(b) Tax exemption of dedicated land. -- All land dedicated to the Commission in accordance with county subdivision regulations is property acquired by the Commission within the meaning of this section.