Comptroller v. Potomac Edison

Comptroller of Maryland v. The Potomac Edison Company, No. 12, September Term, 2025. Opinion by Gould, J. TAX-GENERAL ARTICLE – TAX EXEMPTION – “TANGIBLE PERSONAL PROPERTY” USED “DIRECTLY AND PREDOMINANTLY” IN A “PRODUCTION ACTIVITY” The Supreme Court of Maryland determined that the equipment that comprises a public utility company’s transmission and distribution system subjects the electricity to a series of actions designed for the specific objective of delivering, over long distances, electricity generated out of State to Maryland customers at a voltage suitable for use. Such equipment is,…