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§ 7-243. Heavy equipment property

West's Annotated Code of MarylandTax-PropertyEffective: October 1, 2013

West's Annotated Code of Maryland
Tax-Property
Title 7. Property Tax Exemptions
Subtitle 2. General Property Tax Exemptions
Effective: October 1, 2013
MD Code, Tax - Property, § 7-243
§ 7-243. Heavy equipment property
“Heavy equipment property” defined
(a) In this section, “heavy equipment property” has the meaning stated in § 20-609 of the Local Government Article.
In general
(b) Heavy equipment property is not subject to the property tax if the property is subject to the gross receipts tax imposed under § 20-609 of the Local Government Article.

Credits

Added by Acts 2010, c. 337, § 2, eff. Dec. 31, 2010. Amended by Acts 2013, c. 136, § 1, eff. Oct. 1, 2013.
MD Code, Tax - Property, § 7-243, MD TAX PROPERTY § 7-243
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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