Md. Code Ann., Tax-Prop. § 7-243 – Heavy equipment property

(a) In this section, “heavy equipment property” has the meaning stated in § 20-609 of the Local Government Article.
(b) Heavy equipment property is not subject to the property tax if the property is subject to the gross receipts tax imposed under § 20-609 of the Local Government Article.

Added by Acts 2010, c. 337, § 2, eff. Dec. 31, 2010. Amended by Acts 2013, c. 136, § 1, eff. Oct. 1, 2013.