- (a) Subject to § 10-217(e) of this subtitle, the Authority is exempt from taxation or assessments on any part of a development or project, the Authority's activities in operating and maintaining a development or project, and revenues from a development or project.
- (b) The bonds of the Authority, including the interest on the bonds, are forever exempt from State and local taxes.
Added by Acts 2008, c. 306, § 2, eff. Oct. 1, 2008.