Md. Code, Local Gov't § 21-422

Current with changes from the 2024 Legislative Session

Section 21-422 - Bonds exempt from taxation

The principal amount of bonds, interest payable on bonds, the transfer of bonds, and any income from bonds, including profit made in the sale or transfer of bonds, are exempt from State and local taxes.

Md. Code, LG § 21-422

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