§ 18-120

Md. Code Ann., Local Gov't § 18-120

Revenue bonds--Exempt from taxation

Effective Oct 1, 2015Added by Acts 2013, c. 119, § 2, eff. Oct. 1, 2013. Amended by Acts 2015, c. 181, § 1, eff. Oct. 1, 2015.State of Maryland

Bonds, transfer of the bonds, and the interest payable and income derived from the bonds are exempt from all State, county, and municipal taxation.

Added by Acts 2013, c. 119, § 2, eff. Oct. 1, 2013. Amended by Acts 2015, c. 181, § 1, eff. Oct. 1, 2015.