The principal amount of bonds issued under this title, the interest on the bonds, transfer of the bonds, and any income derived from the bonds, including any profit from the sale or transfer of the bonds, are exempt from State and local taxes.
Structure Maryland Statutes
Division II - Maryland-National Capital Park and Planning Commission
Subtitle 2 - Debt and Securities
Section 18-201 - "Bond" Defined
Section 18-202 - Construction of Subtitle
Section 18-203 - Bonds -- in General
Section 18-204 - Bonds -- Full Faith and Credit; Liability
Section 18-205 - Bonds -- Use of Proceeds
Section 18-206 - Revenue Bonds
Section 18-207 - Refunding Bonds
Section 18-208 - Tax Anticipation Notes
Section 18-209 - Pledge of Tax Proceeds