1. (a)

   1. (1) In this section the following words have the meanings indicated.
   2. (2) “Associated equipment” has the meaning stated in § 9-1A-01 of the State Government Article.
   3. (3) “Table games” has the meaning stated in § 9-1A-01 of the State Government Article.
   4. (4) “Video lottery operation license” has the meaning stated in § 9-1A-01 of the State Government Article.
   5. (5) “Video lottery terminal” has the meaning stated in § 9-1A-01 of the State Government Article.
2. (b) Video lottery terminals and any associated equipment or software leased by the State Lottery and Gaming Control Commission as provided in § 9-1A-21 of the State Government Article are not subject to property tax.
3. (c) An interest of a person in video lottery terminals and any associated equipment or software owned by the State Lottery and Gaming Control Commission as provided in § 9-1A-21 of the State Government Article is not subject to property tax.
4. (d) Video lottery terminals, any associated equipment and software, and table games owned or leased by a holder of a video lottery operation license are not subject to property tax.

Added by Acts 2011, c. 240, § 2, eff. May 10, 2011. Amended by Acts 2012, 2nd Sp. Sess., c. 1, § 1, eff. Oct. 1, 2012; Acts 2012, 2nd Sp. Sess., c. 1, § 2, ratified Nov. 6, 2012.