clear space clear space clear space white space
A
 r c h i v e s   o f   M a r y l a n d   O n l i n e
  Maryland State Archives | Index | Help | Search search for:
clear space
white space
Session Laws, 1988
Volume 770, Page 2024   View pdf image
 Jump to  
  << PREVIOUS  NEXT >>
clear space clear space clear space white space

Ch. 110                                          LAWS OF MARYLAND

(4) Any combination of the foregoing (whether or not
such facilities are located on a single site). The term
"project" also includes but shall not be limited to:

(i) Waste disposal facilities, pollution
control facilities, and facilities for generating and furnishing
electric energy or gas or other forms of energy which can be
financed by bonds the interest on which is exempt from income tax
under the Internal Revenue Code [of 1954, as amended], whether
such interest would have been tax exempt at the time of the
enactment of this subtitle or of any amendment thereto; and

(ii) Any facilities and properties within the
definition of "project" set forth in this section, whether or not
such facilities or properties can be financed by bonds the
interest on which is tax exempt under the Internal Revenue Code
[of 1954, as amended], it being the purpose and intent of this
subtitle that the term "project" be liberally construed so as to
effectuate the purposes of this subtitle.

3-916.

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, further
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 [ordinary or special]
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.

7-504.

(a) (2) (iii) The county fiscal authority shall notify the
Department in writing by no later than December 15 of those
open-pit mining operators who have not paid all of their county
coal severance taxes and surcharges that are due through the
previous month of November, as provided under [Article 81, § 468
of the Code] ARTICLE 24, §§ 9-501 AND 9-502 OF THE CODE and §
7-507.1 of this subtitle. The county fiscal authority shall send
this notice of nonpayment to the affected operator at the same
time that the county fiscal authority notifies the Department.
In the absence of this notification, the Department shall presume
that all coal severance taxes and surcharges have been paid. The

- 2024 -

 

clear space
clear space
white space

Please view image to verify text. To report an error, please contact us.
Session Laws, 1988
Volume 770, Page 2024   View pdf image
 Jump to  
  << PREVIOUS  NEXT >>


This web site is presented for reference purposes under the doctrine of fair use. When this material is used, in whole or in part, proper citation and credit must be attributed to the Maryland State Archives. PLEASE NOTE: The site may contain material from other sources which may be under copyright. Rights assessment, and full originating source citation, is the responsibility of the user.


Tell Us What You Think About the Maryland State Archives Website!



An Archives of Maryland electronic publication.
For information contact mdlegal@mdarchives.state.md.us.

©Copyright  October 11, 2023
Maryland State Archives