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345
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MARVIN MANDEL, Governor
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REVISOR'S NOTE: This section presently appears as
Art. 64B, §44.
In subsection (b) of this section, the term
"Administration" — rather than "Administrator"
- is substituted for "Board" to conform to the
balance of the section, which presently refers
to the "Authority" (i.e., the Administration;
cf., revisor's note to §7-101(d) of this
title).
In subsection (c) of this section, the present
reference to the issuances of "bonds" is
deleted as obsolete; in this regard, see
General Revisor's Note to this title.
In subsection (d)(1) of this section, the term
"full insurable value" is substituted for
"full value" for clarity.
The only other changes are in style.
As to the powers and duties contained in this
section, see §7—203(b) of this title.
As to the relationship of this section and
motor vehicle insurance requirements, see
Harden v. Mass Transit Administration, 277 Md.
399 (1976).
7-704. EXEMPTIONS FROM TAXATION.
(A) LEGISLATIVE DETERMINATION.
THE CREATION OF THE ADMINISTRATION AND THE CARRYING
OUT OF ITS PURPOSES ARE IN ALL RESPECTS FOR THE BENEFIT
OF THE PEOPLE OF THIS STATE AND THE DISTRICT AND FOR A
PUBLIC PURPOSE, AND THE ACTIVITIES OF THE ADMINISTRATION
ARE ESSENTIAL GOVERNMENTAL FUNCTIONS.
(B) EXEMPTION OF ADMINISTRATION.
EXCEPT FOR WATER AND SEWER CHARGES IMPOSED BY THIS
STATE OR ANY OF ITS AGENCIES OR POLITICAL SUBDIVISIONS,
THE ADMINISTRATION, ITS ACTIVITIES, AND THE PROPERTY IT
OWNS OR CONTROLS IS ARE EXEMPT FROM ALL ORDINARY AND
SPECIAL TAXES, ASSESSMENTS, AND CHARGES, WHETHER STATE OR
LOCAL, NOW OR SUBSEQUENTLY LEVIED OR IMPOSED BY THIS
STATE, ITS POLITICAL SUBDIVISIONS, OR ANY OF THEIR
AGENCIES OR OTHER UNITS.
REVISOR'S NOTE: This section presently appears as
Art. 64B, §46.
In subsection (b) of this section, the present
reference to specific items and activities of
the Administration that are exempt from
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