Except as provided in § 7-109 of this title, raw materials and manufactured products in the possession of a manufacturer are not subject to property tax.

Added by Acts 1985, c. 8, § 2, eff. Feb. 1, 1986. Amended by Acts 1988, c. 6, § 1; Acts 1996, c. 174, § 1, eff. July 1, 1996; Acts 1998, c. 14, § 1, eff. Oct. 1, 1998; Acts 2026, c. 806, § 1, eff. June 1, 2026.

Formerly Art. 81, § 9A.