Section 12-116 - Exemption from recordation tax.

§ 12-116. Exemption from recordation tax.
 

The Mayor and City Council of Baltimore City or the governing body of a county may exempt, by law, from the recordation tax an instrument of writing that transfers property from or grants a security interest from: 

(1) the United States; 

(2) the State; 

(3) an agency of the State; or 

(4) a political subdivision in the State. 
 

[2007, ch. 384.]