{"data":{"id":"us-md/md.-code-local-government-1-1109","jurisdiction":"us-md","citation":"Md. Code, Local Government § 1–1109","heading":"","body":"(a) A bond, the transfer of a bond, the interest payable on a bond, the income\nderived from a bond, and the profit realized on the sale or exchange of a bond are\nexempt from State and local taxes.\n(b) A county or municipality may issue bonds without regard to the federal\ntax status of the bonds.","path":["Article - Local Government"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=glg\u0026section=1-1109","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:59:58Z","sha256":"7952344d5d671ad6a17f7f0a0845dfb2c1d9fcc392893c2617ea956d4831fccd","source_id":"us-md","stale":false,"prev":"us-md/md.-code-local-government-1-1108","next":"us-md/md.-code-local-government-1-1110"},"notice":"GroundRules: Original legal text. Not legal advice."}