Maryland · Maryland Code — Transportation Article
Md. Code, Transp. § 6-411: - 244 - (a) The Administration shall make annual payments in lieu of taxes to the Mayor and City Council of Baltimore for the properties known as “McComas-A2”, “DMT-Bendix”, “Seagirt-Parcel B”, and “Toyota-Md
What this law says, in plain English
The Administration must make annual tax-replacement payments to Baltimore City for four specified properties, with set amounts for 1998-1999 and calculated amounts thereafter based on property assessments.
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