WILLIAM DONALD SCHAEFER, Governor Ch. 415

government that owns the property makes negotiated payments in
lieu of tax payments.

(d)  (1) In this subsection "port facility" includes at
least 1 or a combination of:

(i) lands, piers, docks, wharves, warehouses,
sheds, transit sheds, elevators, compressors, refrigeration
storage plants, buildings, structures, and other facilities,
appurtenances, and equipment that is useful or designed for use
in connection with shipbuilding, ship repair, or the operation of
a port;

(ii) every kind of terminal, storage structure,
or facility that is useful or designed for use in handling,
storing, loading, or unloading freight or passengers at marine
terminals; and

(iii) every kind of transportation facility
that is useful or designed for use in connection with any of
these.

(2) An interest of a person in property in a port
facility that is owned by the federal government or the State,
any of their agencies or instrumentalities, or a county or
municipal corporation is not subject to the property tax.

(e)  An interest of a person in property in an international
trade center as described in § 6-101(d)(4) of the Transportation
Article, is not subject to property tax, if the State, or any
agency or instrumentality of the State:

(1)  owns the property; and

(2)  makes negotiated payments in lieu of tax
payments.

(F) AN INTEREST OF A PERSON IN PERSONAL PROPERTY IN A
VENDING FACILITY OPERATED UNDER THE MARYLAND VENDING PROGRAM FOR
THE BLIND IS NOT SUBJECT TO THE PROPERTY TAX.

7-235.

PERSONAL PROPERTY IS NOT SUBJECT TO VALUATION OR PROPERTY
TAX IF THE PROPERTY:

(1)  IS OWNED BY AN INDIVIDUAL OPERATING A VENDING
FACILITY UNDER THE MARYLAND VENDING PROGRAM FOR THE BLIND; AND

(2)  IS USED EXCLUSIVELY FOR THAT PURPOSE.

Article 56 - Licenses

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