Maryland Code, TAX – GENERAL 11-232
Terms Used In Maryland Code, TAX - GENERAL 11-232
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- County: means a county of the State or Baltimore City. See
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- including: means includes or including by way of illustration and not by way of limitation. See
- Person: includes an individual, receiver, trustee, guardian, personal representative, fiduciary, representative of any kind, corporation, partnership, business trust, statutory trust, limited liability company, firm, association, or other nongovernmental entity. See
- Personal property: All property that is not real property.
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
(a) (1) In this section the following words have the meanings indicated.
(2) (i) “Construction material” means an item of tangible personal property that is used to construct or renovate a building, a structure, or an improvement on land and that typically loses its separate identity as personal property once incorporated into the real property.
(ii) “Construction material” includes building materials, building systems equipment, landscaping materials, and supplies.
(3) “Target redevelopment area” means any real property owned or leased by a person in Baltimore County that:
(i) was previously owned at any time by Bethlehem Steel Corporation, or any of its subsidiaries; and
(ii) was, as of January 1, 2016, the subject of an approved application for participation in the Voluntary Cleanup Program under Title 7, Subtitle 5 of the Environment Article.
(4) “Warehousing equipment” means equipment used for material handling and storage, including racking systems, conveying systems, and computer systems and equipment.
(b) The sales and use tax does not apply to a sale of construction material or warehousing equipment, if:
(1) the material or equipment is purchased by a person solely for use in a target redevelopment area; and
(2) the buyer provides the vendor with evidence of eligibility for the exemption issued by the Comptroller.