866

LAWS OF MARYLAND

Ch. 255

shall be subject to taxation in the same amount and to the same
extent as though the lessee or user were the owner of such
property.

(ii) [Subparagraph (i) of this paragraph]
SUB-SUBPARAGRAPH (I) OF THIS SUBPARAGRAPH does not apply to:

1.  Federal or State property for which
negotiated payments are made in lieu of taxes by any of the
aforesaid owners;

2.  Any personal property which is owned
by the federal or State governments and which is in the
possession of any person, persons or corporation pursuant to a
contract with such federal or State governments for (1) the
manufacture, construction or assembling of equipment, supplies or
component parts thereof, to be used for national defense
purposes, or (2) research or development for national defense
purposes;

3.  Port facilities owned by the federal
or State governments (or any agencies or instrumentality thereof)
or by any political subdivision of the State of Maryland.

(iii) [Subparagraph (i) of this
paragraph] SUB-SUBPARAGRAPH (I) OF THIS SUBPARAGRAPH applies to
an international trade center (referred to in § 6-101(d)(4) of
the Transportation Article) owned by the State government (or any
agency or instrumentality thereof) unless negotiated payments in
lieu of taxes or voluntary contributions are made by the
aforesaid owner.

(iv) For property referred to in
[subparagraph (i) of this paragraph] SUB-SUBPARAGRAPH (I) OF THIS
SUBPARAGRAPH:

1.  For the purposes of municipal and
county taxation in the counties of Allegany, Anne Arundel,
Montgomery, and Washington, the county commissioners or governing
body of any municipality may, by adoption of an appropriate
resolution or ordinance, exempt such property from county or
municipal taxation, but the valuation shall be carried on the
assessment books as though it is taxable for the purposes of
computing payments to the several political subdivisions which
are provided for in the laws of this State and which in any
manner are based upon or related to assessments and assessed
valuations.

2.  Except in Worcester County, for
purposes of municipal and county taxation, the governing body of
the county or municipality, by resolution or ordinance, may
exempt such property from municipal or county taxation and
provide for a negotiated payment in lieu of taxes. However, the
valuation shall be carried on the assessment books as though it
is taxable for the purposes of computing payments to the