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§ 7-244. Video lottery terminals and associated equipment

West's Annotated Code of MarylandTax-PropertyEffective: November 6, 2012

West's Annotated Code of Maryland
Tax-Property
Title 7. Property Tax Exemptions
Subtitle 2. General Property Tax Exemptions
Effective: November 6, 2012
MD Code, Tax - Property, § 7-244
§ 7-244. Video lottery terminals and associated equipment
Definitions
(a)(1) In this section the following words have the meanings indicated.
(2) “Associated equipment” has the meaning stated in § 9-1A-01 of the State Government Article.
(3) “Table games” has the meaning stated in § 9-1A-01 of the State Government Article.
(4) “Video lottery operation license” has the meaning stated in § 9-1A-01 of the State Government Article.
(5) “Video lottery terminal” has the meaning stated in § 9-1A-01 of the State Government Article.
In general
(b) Video lottery terminals and any associated equipment or software leased by the State Lottery and Gaming Control Commission as provided in § 9-1A-21 of the State Government Article are not subject to property tax.
An interest of a person; exemption
(c) An interest of a person in video lottery terminals and any associated equipment or software owned by the State Lottery and Gaming Control Commission as provided in § 9-1A-21 of the State Government Article is not subject to property tax.
Video lottery operation license holder
(d) Video lottery terminals, any associated equipment and software, and table games owned or leased by a holder of a video lottery operation license are not subject to property tax.

Credits

Added by Acts 2011, c. 240, § 2, eff. May 10, 2011. Amended by Acts 2012, 2nd Sp. Sess., c. 1, § 1, eff. Oct. 1, 2012; Acts 2012, 2nd Sp. Sess., c. 1, § 2, ratified Nov. 6, 2012.
MD Code, Tax - Property, § 7-244, MD TAX PROPERTY § 7-244
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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