Md. Code, Tax-Prop. § 7-231

Current with changes from the 2024 legislative session from Chs. 2 through 1049, effective on or before 6/1/2024
Section 7-231 - Personal property - Vessels
(a) As used in this section, "vessel" includes a ship, boat, or watercraft.
(b) A vessel is not subject to valuation or to property tax if the vessel is:
(1) not more than 100 feet in length; or
(2) regularly used in whole or in part in commerce outside the State.

Md. Code, TP § 7-231