Md. Code, Local Gov't § 19-221

Current with changes from the 2024 Legislative Session

Section 19-221 - Exemption from taxation

The following obligations are exempt from State and local taxation:

(1) a bond or grant anticipation note issued under this part;

(2) a bond issued to pay the notes issued under item (1) of this section; and

(3) the interest on the obligations.

Md. Code, LG § 19-221

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