Maryland Statutes
Subtitle 9 - Northeast Maryland Waste Disposal Authority
Section 3-916 - Exemption From Taxation

The exercise of the powers granted by this subtitle is and will be in all respects for the benefit of the people of the State of Maryland and the participating counties, for the increase of their commerce, welfare and prosperity, and for the improvement of their health and living conditions, and since the activities of the Authority and the operation and maintenance of its projects will constitute the performance of essential governmental functions, the Authority shall be exempt from any payment of or liability for any and all taxes, whether federal, State, or local, now or hereafter levied or imposed, and any assessments or other governmental charges. The bonds of the Authority, their transfer, the interest payable thereon, and any income derived therefrom, including any profit realized in the sale or exchange thereof, shall at all times be exempt from taxation of every kind and nature whatsoever by the State of Maryland or by any of its political subdivisions, municipal corporations, or public agencies of any kind.

Structure Maryland Statutes

Maryland Statutes

Natural Resources

Title 3 - Environmental Programs

Subtitle 9 - Northeast Maryland Waste Disposal Authority

Section 3-901 - Citation of Subtitle

Section 3-902 - Purpose of Subtitle

Section 3-903 - Northeast Maryland Waste Disposal Authority

Section 3-904 - Definitions

Section 3-905 - Powers of Authority

Section 3-906 - Source of Payment of Expenses

Section 3-907 - Authority to Issue Bonds

Section 3-908 - Execution of Bonds; Negotiable Instruments; Registration; Replacement

Section 3-909 - Refunding Bonds

Section 3-910 - Temporary Bonds; Bond Anticipation Notes; Revenue Anticipation Notes; Revenue Bonds

Section 3-911 - Trust Agreement Securing Bonds

Section 3-912 - Rates, Rentals, Fees, and Charges

Section 3-913 - Remedies of Bondholders and Trustees

Section 3-914 - Bonds Made Legal Investments

Section 3-915 - Bonds Not Pledge of Full Faith and Credit and Taxing Power; Contracts Between Subdivision and Authority

Section 3-916 - Exemption From Taxation

Section 3-917 - Authority Not Required to Give Security for Costs; Liens; Assignments of Wages

Section 3-918 - Rules and Regulations; Payment by State or Agencies for Services

Section 3-919 - Zoning or Planning Authority of Subdivision Not Affected; Authority Not Deemed Public Service Company; Contracts Between Subdivision and Maryland Environmental Service

Section 3-920 - Notice of Intention to Undertake Project; Adverse Finding by Subdivision

Section 3-921 - Award of Contracts for Purchases

Section 3-922 - Judicial Review

Section 3-923 - Reports to Governor and Participating Counties; Financial Accounting; Annual Audit; State Audit

Section 3-924 - Termination of Existence of Authority

Section 3-925 - Severability

Section 3-926 - Deeds and Releases Upon Payment of Bonds

Section 3-927 - Subtitle Supplemental and Additional

Section 3-928 - Liberal Construction