(a) (1) Except as otherwise provided in this article, all property located in this State is subject to assessment and property tax and is taxable to the owner of the property. (2) Property subject to assessment and tax under this article includes property owned or leased by the United States or any agency or department of the United […]
(a) Except as otherwise provided in this section, a leasehold or other limited interest in property is not subject to property tax. (b) An interest of a life tenant or the owner of any other freehold estate in property is subject to property tax as though the person in possession or the user of the property were […]
Operating property of a railroad or public utility located in the State is subject to property tax.
Except as otherwise provided in §§ 7-222 and 7-226 of this article, any stock in business of a person who engages in a manufacturing or commercial business in the State is subject to property tax.
