§ 7-507. Foreign import property  


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  •    If the Mayor and City Council of Baltimore City or the governing body of a county or of a municipal corporation authorizes, by law, the stock in business consisting of foreign imports of a business engaged in importing is not subject to county or municipal corporation property tax if the foreign import is:

       (1) in the possession of the business engaged in importing; and

       (2) in its original package.


HISTORY: An. Code 1957, art. 81, § 9A; 1985, ch. 8, § 2.