Md. Code, Local Gov't § 18-120

Current with changes from the 2024 Legislative Session

Section 18-120 - Revenue bonds - Exempt from taxation

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

Md. Code, LG § 18-120

Amended by 2015 Md. Laws, Ch. 181,Sec. 1, eff. 10/1/2015.

Revised and recodified by 2013 Md. Laws, Ch. 119,Sec. 2, eff. 10/1/2013.