NPORT-EX 2 7029TRP053123.htm T. ROWE PRICE STATE TAX-FREE FUNDS, INC.
T.
ROWE
PRICE
Maryland
Tax-Free
Bond
Fund
May
31,
2023
(Unaudited)
1
Portfolio
of
Investments
‡
Par
$
Value
(Amounts
in
000s)
‡
MUNICIPAL
SECURITIES
97.9%
DISTRICT
OF
COLUMBIA
1.1%
Washington
Metropolitan
Area
Transit
Auth.,
Series A,
4.00%,
7/15/46 
3,905‌
3,753‌
Washington
Metropolitan
Area
Transit
Auth.,
Series A,
5.50%,
7/15/51 
3,625‌
4,099‌
Washington
Metropolitan
Area
Transit
Auth.,
Series A-1,
5.00%,
7/1/32 
1,750‌
1,873‌
Washington
Metropolitan
Area
Transit
Auth.,
Series A-2,
5.00%,
7/1/32 
2,975‌
3,184‌
Washington
Metropolitan
Area
Transit
Auth.,
Series A-2,
5.00%,
7/1/33 
3,250‌
3,469‌
Washington
Metropolitan
Area
Transit
Auth.,
Series B,
5.00%,
7/1/42 
8,145‌
8,505‌
24,883‌
MARYLAND
91.7%
Annapolis,
Series A,
GO,
4.00%,
8/1/40 
1,940‌
1,948‌
Annapolis,
Series A,
GO,
4.00%,
8/1/41 
2,025‌
2,025‌
Annapolis,
Series A,
GO,
4.00%,
8/1/42 
1,080‌
1,077‌
Annapolis,
Series A,
GO,
5.00%,
8/1/43 
490‌
545‌
Annapolis,
Series A,
GO,
5.00%,
8/1/46 
565‌
624‌
Annapolis,
Series A,
GO,
5.00%,
8/1/48 
625‌
688‌
Annapolis,
Series A,
GO,
5.00%,
8/1/52 
2,845‌
3,117‌
Anne
Arundel
County
Consolidated
Special
Taxing
Dist.,
Villages
at
Two
Rivers
Project,
4.90%,
7/1/30 
2,620‌
2,620‌
Anne
Arundel
County
Consolidated
Special
Taxing
Dist.,
Villages
at
Two
Rivers
Project,
5.125%,
7/1/36 
2,285‌
2,287‌
Anne
Arundel
County
Consolidated
Special
Taxing
Dist.,
Villages
at
Two
Rivers
Project,
5.25%,
7/1/44 
5,150‌
5,113‌
Anne
Arundel
County
Consolidated
Special
Taxing
Dist.,
Villages
of
Dorchester
&
Farmington
Village,
5.00%,
7/1/23 
240‌
240‌
Anne
Arundel
County
Consolidated
Special
Taxing
Dist.,
Villages
of
Dorchester
&
Farmington
Village,
5.00%,
7/1/24 
470‌
471‌
Anne
Arundel
County
Consolidated
Special
Taxing
Dist.,
Villages
of
Dorchester
&
Farmington
Village,
5.00%,
7/1/25 
580‌
581‌
Anne
Arundel
County
Consolidated
Special
Taxing
Dist.,
Villages
of
Dorchester
&
Farmington
Village,
5.00%,
7/1/32 
4,285‌
4,290‌
Anne
Arundel
County,
Annapolis
Area
Christian
School,
Series A,
5.50%,
7/1/23 
175‌
175‌
Anne
Arundel
County,
Annapolis
Area
Christian
School,
Series A,
6.50%,
7/1/33 
2,555‌
2,549‌
Anne
Arundel
County,
Annapolis
Area
Christian
School,
Series A,
6.75%,
7/1/43 
4,970‌
4,953‌
Anne
Arundel
County,
Consolidated
General
Improvement,
GO,
3.00%,
10/1/38 
6,220‌
5,598‌
T.
ROWE
PRICE
Maryland
Tax-Free
Bond
Fund
2
Par
$
Value
(Amounts
in
000s)
Anne
Arundel
County,
Consolidated
General
Improvement,
GO,
3.00%,
10/1/49 
6,340‌
4,892‌
Anne
Arundel
County,
Consolidated
General
Improvement,
GO,
4.00%,
10/1/47 
9,230‌
9,161‌
Anne
Arundel
County,
Consolidated
General
Improvement,
GO,
5.00%,
10/1/35 
4,615‌
5,346‌
Anne
Arundel
County,
Consolidated
General
Improvement,
GO,
5.00%,
10/1/37 
1,100‌
1,138‌
Anne
Arundel
County,
Consolidated
General
Improvement,
GO,
5.00%,
10/1/38 
2,000‌
2,100‌
Anne
Arundel
County,
Consolidated
General
Improvement,
GO,
5.00%,
10/1/39 
3,105‌
3,204‌
Anne
Arundel
County,
Consolidated
General
Improvement,
GO,
5.00%,
10/1/40 
3,610‌
3,777‌
Anne
Arundel
County,
Consolidated
General
Improvement,
GO,
5.00%,
10/1/41 
3,105‌
3,194‌
Anne
Arundel
County,
Consolidated
General
Improvement,
GO,
5.00%,
10/1/42 
1,450‌
1,490‌
Anne
Arundel
County,
Consolidated
General
Improvement,
GO,
5.00%,
10/1/43 
4,125‌
4,298‌
Anne
Arundel
County,
Consolidated
General
Improvement,
GO,
5.00%,
10/1/45 
4,350‌
4,461‌
Anne
Arundel
County,
Consolidated
General
Improvement,
GO,
5.00%,
10/1/46 
10,830‌
11,258‌
Anne
Arundel
County,
Consolidated
General
Improvement,
GO,
5.00%,
10/1/47 
4,015‌
4,481‌
Anne
Arundel
County,
Consolidated
General
Improvement,
GO,
5.00%,
10/1/48 
27,800‌
29,950‌
Anne
Arundel
County,
Consolidated
General
Improvement,
Series 2016,
GO,
5.00%,
10/1/41 
1,450‌
1,492‌
Anne
Arundel
County,
Consolidated
General
Improvement,
Series 2018,
GO,
5.00%,
10/1/37 
6,480‌
6,952‌
Anne
Arundel
County,
Consolidated
Water
&
Sewer,
GO,
3.00%,
10/1/38 
2,300‌
2,070‌
Anne
Arundel
County,
Consolidated
Water
&
Sewer,
GO,
4.50%,
4/1/44 
11,250‌
11,285‌
Anne
Arundel
County,
Consolidated
Water
&
Sewer,
GO,
5.00%,
4/1/35 
1,445‌
1,493‌
Anne
Arundel
County,
Consolidated
Water
&
Sewer,
GO,
5.00%,
10/1/37 
1,805‌
1,897‌
Anne
Arundel
County,
Consolidated
Water
&
Sewer,
GO,
5.00%,
10/1/39 
1,125‌
1,179‌
Anne
Arundel
County,
Consolidated
Water
&
Sewer,
GO,
5.00%,
4/1/40 
12,345‌
12,636‌
Anne
Arundel
County,
Consolidated
Water
&
Sewer,
GO,
5.00%,
10/1/40 
2,125‌
2,223‌
T.
ROWE
PRICE
Maryland
Tax-Free
Bond
Fund
3
Par
$
Value
(Amounts
in
000s)
Anne
Arundel
County,
Consolidated
Water
&
Sewer,
GO,
5.00%,
10/1/42 
3,105‌
3,191‌
Anne
Arundel
County,
Consolidated
Water
&
Sewer,
GO,
5.00%,
4/1/45 
12,925‌
13,187‌
Anne
Arundel
County,
Consolidated
Water
&
Sewer,
GO,
5.00%,
10/1/46 
5,375‌
5,588‌
Anne
Arundel
County,
Consolidated
Water
&
Sewer,
Series 2017,
GO,
5.00%,
10/1/38 
2,125‌
2,231‌
Anne
Arundel
County,
Consolidated
Water
&
Sewer,
Series 2018,
GO,
5.00%,
10/1/47 
5,000‌
5,278‌
Anne
Arundel
County,
Consolidated
Water
&
Sewer,
Series 2020,
GO,
5.00%,
10/1/38 
2,470‌
2,718‌
Anne
Arundel
County,
Recreational
Fac.
Improvements,
GO,
5.00%,
10/1/40 
3,105‌
3,197‌
Anne
Arundel
County,
Recreational
Fac.
Improvements,
GO,
5.00%,
10/1/45 
9,315‌
9,554‌
Anne
Arundel
County,
Sewer
Improvements,
GO,
5.00%,
10/1/43 
10,830‌
11,291‌
Anne
Arundel
County,
Water
Utility
Improvement,
GO,
5.00%,
4/1/33 
2,600‌
2,689‌
Anne
Arundel
County,
Water
Utility
Improvement,
GO,
5.00%,
4/1/34 
7,655‌
7,917‌
Anne
Arundel
County,
Water
Utility
Improvement,
GO,
5.00%,
4/1/35 
7,655‌
7,908‌
Anne
County
Arundel,
Consolidated
Water
&
Sewer,
GO,
5.00%,
10/1/47 
2,195‌
2,450‌
Baltimore
County,
GO,
4.00%,
3/1/39 
3,025‌
3,114‌
Baltimore
County,
GO,
4.00%,
3/1/40 
3,580‌
3,656‌
Baltimore
County,
Consolidated
Public
Improvement,
GO,
4.00%,
2/1/34 
7,750‌
7,780‌
Baltimore
County,
Metropolitan
Dist.
77th
Issue,
GO,
5.00%,
8/1/41 
4,255‌
4,302‌
Baltimore
County,
Metropolitan
Dist.
77th
Issue,
GO,
5.00%,
8/1/44 
8,400‌
8,483‌
Baltimore
County,
Metropolitan
Dist.
78th
Issue,
GO,
5.00%,
2/1/46 
10,000‌
10,320‌
Baltimore
County,
Metropolitan
Dist.
80th
Issue,
GO,
4.00%,
3/1/38 
610‌
618‌
Baltimore
County,
Metropolitan
Dist.
80th
Issue,
GO,
4.00%,
3/1/41 
3,215‌
3,226‌
Baltimore
County,
Metropolitan
Dist.
80th
Issue,
GO,
4.00%,
3/1/42 
9,595‌
9,599‌
Baltimore
County,
Metropolitan
Dist.
80th
Issue,
GO,
4.00%,
3/1/44 
11,595‌
11,554‌
Baltimore
County,
Metropolitan
Dist.
80th
Issue,
GO,
4.00%,
3/1/45 
1,700‌
1,693‌
Baltimore
County,
Metropolitan
Dist.
80th
Issue,
GO,
4.00%,
3/1/48 
5,365‌
5,306‌
T.
ROWE
PRICE
Maryland
Tax-Free
Bond
Fund
4
Par
$
Value
(Amounts
in
000s)
Baltimore
County,
Metropolitan
Dist.
84th
Issue,
GO,
5.00%,
3/1/48 
10,920‌
12,157‌
Baltimore
County,
Metropolitan
Dist.
84th
Issue,
GO,
5.00%,
3/1/53 
13,000‌
14,384‌
Baltimore
County,
Oak
Crest
Village,
4.00%,
1/1/38 
845‌
781‌
Baltimore
County,
Oak
Crest
Village,
4.00%,
1/1/39 
600‌
549‌
Baltimore
County,
Oak
Crest
Village,
4.00%,
1/1/40 
755‌
683‌
Baltimore
County,
Oak
Crest
Village,
4.00%,
1/1/50 
5,640‌
4,709‌
Baltimore
County,
Oak
Crest
Village,
5.00%,
1/1/24 
855‌
857‌
Baltimore
County,
Oak
Crest
Village,
5.00%,
1/1/25 
1,065‌
1,076‌
Baltimore
County,
Oak
Crest
Village,
5.00%,
1/1/27 
1,155‌
1,180‌
Baltimore
County,
Oak
Crest
Village,
5.00%,
1/1/28 
1,250‌
1,280‌
Baltimore
County,
Oak
Crest
Village,
5.00%,
1/1/29 
1,035‌
1,062‌
Baltimore
County,
Oak
Crest
Village,
5.00%,
1/1/30 
1,040‌
1,068‌
Baltimore
County,
Oak
Crest
Village,
5.00%,
1/1/37 
7,345‌
7,477‌
Baltimore
County,
Riverwood
Village,
4.00%,
1/1/34 
235‌
229‌
Baltimore
County,
Riverwood
Village,
4.00%,
1/1/45 
5,250‌
4,538‌
Baltimore
County,
Riverwood
Village,
4.00%,
1/1/50 
9,965‌
8,320‌
Baltimore
County,
Riverwood
Village,
Series 2020,
4.00%,
1/1/36 
250‌
237‌
Baltimore,
Center/West
Dev.,
Series A,
5.375%,
6/1/36 
1,000‌
1,008‌
Baltimore,
Center/West
Dev.,
Series A,
5.50%,
6/1/43 
1,450‌
1,460‌
Baltimore,
Consolidated
Tax
Increment
Fin.,
5.00%,
6/15/23 
410‌
410‌
Baltimore,
Consolidated
Tax
Increment
Fin.,
5.00%,
6/15/25 
590‌
598‌
Baltimore,
Consolidated
Tax
Increment
Fin.,
5.00%,
6/15/26 
375‌
380‌
Baltimore,
Consolidated
Tax
Increment
Fin.,
5.00%,
6/15/27 
520‌
528‌
Baltimore,
Consolidated
Tax
Increment
Fin.,
5.00%,
6/15/28 
1,215‌
1,234‌
Baltimore,
Consolidated
Tax
Increment
Fin.,
5.00%,
6/15/29 
930‌
946‌
Baltimore,
Consolidated
Tax
Increment
Fin.,
5.00%,
6/15/30 
515‌
523‌
Baltimore,
Consolidated
Tax
Increment
Fin.,
5.00%,
6/15/33 
415‌
421‌
Baltimore,
East
Baltimore
Research
Park,
Series A,
5.00%,
9/1/38 
1,865‌
1,860‌
Baltimore,
Harbor
Point
Project,
4.50%,
6/1/33 
400‌
389‌
Baltimore,
Harbor
Point
Project,
4.75%,
6/1/31 
2,025‌
2,028‌
Baltimore,
Harbor
Point
Project,
4.875%,
6/1/42 
875‌
830‌
Baltimore,
Harbor
Point
Project,
5.00%,
6/1/36 
2,550‌
2,560‌
Baltimore,
Harbor
Point
Project,
5.00%,
6/1/51 
5,700‌
5,358‌
Baltimore,
Harbor
Point
Project,
5.125%,
6/1/43 
8,200‌
8,106‌
Baltimore,
Harbor
Point
Project,
Series A,
3.25%,
6/1/31 (1)
220‌
193‌
Baltimore,
Harbor
Point
Project,
Series A,
3.30%,
6/1/32 (1)
250‌
216‌
Baltimore,
Harbor
Point
Project,
Series A,
3.35%,
6/1/33 (1)
270‌
230‌
Baltimore,
Harbor
Point
Project,
Series A,
3.50%,
6/1/39 (1)
650‌
523‌
Baltimore,
Harbor
Point
Project,
Series A,
3.625%,
6/1/46 (1)
4,000‌
3,085‌
Baltimore,
Harbor
Point
Project,
Series B,
3.55%,
6/1/34 (1)
325‌
278‌
Baltimore,
Harbor
Point
Project,
Series B,
3.70%,
6/1/39 (1)
450‌
368‌
Baltimore,
Harbor
Point
Project,
Series B,
3.875%,
6/1/46 (1)
670‌
529‌
Baltimore,
Water
Project,
Series A,
5.00%,
7/1/28 (2)(3)
250‌
260‌
T.
ROWE
PRICE
Maryland
Tax-Free
Bond
Fund
5
Par
$
Value
(Amounts
in
000s)
Brunswick,
Brunswick
Crossing
Special
Taxing
Dist.,
3.00%,
7/1/24 
950‌
939‌
Brunswick,
Brunswick
Crossing
Special
Taxing
Dist.,
4.00%,
7/1/29 
960‌
934‌
Brunswick,
Brunswick
Crossing
Special
Taxing
Dist.,
5.00%,
7/1/36 
1,548‌
1,560‌
Charles
County,
Consolidated
Public
Improvement,
GO,
4.00%,
10/1/48 
1,135‌
1,122‌
Charles
County,
Consolidated
Public
Improvement,
GO,
4.50%,
10/1/52 
3,145‌
3,233‌
Frederick
County,
Public
Facilities
Project,
Series A,
GO,
4.00%,
4/1/42 
5,780‌
5,846‌
Frederick
County,
Public
Facilities
Project,
Series A,
GO,
4.00%,
4/1/43 
4,195‌
4,236‌
Frederick
County,
Urbana
Community
Dev.
Auth.,
Series A,
4.00%,
7/1/31 
4,390‌
4,524‌
Frederick
County,
Urbana
Community
Dev.
Auth.,
Series A,
4.00%,
7/1/32 
2,000‌
2,040‌
Frederick
County,
Urbana
Community
Dev.
Auth.,
Series A,
4.00%,
7/1/33 
1,815‌
1,843‌
Frederick
County,
Urbana
Community
Dev.
Auth.,
Series A,
4.00%,
7/1/34 
1,000‌
1,019‌
Frederick
County,
Urbana
Community
Dev.
Auth.,
Series A,
4.00%,
7/1/36 
1,600‌
1,610‌
Frederick
County,
Urbana
Community
Dev.
Auth.,
Series A,
4.00%,
7/1/37 
1,200‌
1,197‌
Frederick
County,
Urbana
Community
Dev.
Auth.,
Series A,
4.00%,
7/1/39 
585‌
570‌
Frederick
County,
Urbana
Community
Dev.
Auth.,
Series A,
4.00%,
7/1/40 
1,155‌
1,117‌
Frederick
County,
Urbana
Community
Dev.
Auth.,
Series A,
5.00%,
7/1/25 
1,000‌
1,027‌
Frederick
County,
Urbana
Community
Dev.
Auth.,
Series A,
5.00%,
7/1/27 
1,550‌
1,639‌
Frederick
County,
Urbana
Community
Dev.
Auth.,
Series A,
5.00%,
7/1/28 
2,645‌
2,844‌
Frederick
County,
Urbana
Community
Dev.
Auth.,
Series A,
5.00%,
7/1/29 
2,545‌
2,765‌
Gaithersburg,
Asbury
Obligated
Group,
4.50%,
1/1/42 
5,000‌
4,162‌
Gaithersburg,
Asbury
Obligated
Group,
Series A,
5.00%,
1/1/33 
1,190‌
1,167‌
Gaithersburg,
Asbury
Obligated
Group,
Series A,
5.00%,
1/1/36 
10,140‌
9,710‌
Gaithersburg,
Asbury
Obligated
Group,
Series B,
5.00%,
1/1/27 
4,025‌
4,028‌
Harford
County,
Beechtree
Estates
Project,
4.00%,
7/1/36 
750‌
757‌
Harford
County,
Beechtree
Estates
Project,
4.00%,
7/1/40 
885‌
853‌
Howard
County
Housing
Commission,
Columbia
Landing
Apartments,
Series A,
1.60%,
6/1/29 
5,000‌
4,385‌
T.
ROWE
PRICE
Maryland
Tax-Free
Bond
Fund
6
Par
$
Value
(Amounts
in
000s)
Howard
County
Housing
Commission,
Gateway
Village
Apts,
4.00%,
6/1/46 
5,425‌
4,999‌
Howard
County
Housing
Commission,
Woodfield
Oxford
Square
Apts,
5.00%,
12/1/29 
1,055‌
1,127‌
Howard
County
Housing
Commission,
Woodfield
Oxford
Square
Apts,
5.00%,
12/1/30 
1,035‌
1,104‌
Howard
County
Housing
Commission,
Woodfield
Oxford
Square
Apts,
5.00%,
12/1/31 
750‌
800‌
Howard
County
Housing
Commission,
Woodfield
Oxford
Square
Apts,
5.00%,
12/1/32 
550‌
585‌
Howard
County
Housing
Commission,
Woodfield
Oxford
Square
Apts,
5.00%,
12/1/37 
7,350‌
7,688‌
Howard
County
Housing
Commission,
Woodfield
Oxford
Square
Apts,
5.00%,
12/1/42 
5,000‌
5,202‌
Howard
County
Housing
Commission,
Woodfield
Oxford
Square
Apts,
5.00%,
12/1/46 
10,000‌
10,364‌
Howard
County,
Annapolis
Junction
Town
Center
Project,
5.80%,
2/15/34 
725‌
704‌
Howard
County,
Annapolis
Junction
Town
Center
Project,
6.10%,
2/15/44 
1,425‌
1,367‌
Howard
County,
Consolidated
Public
Improvement,
Series A,
GO,
4.00%,
8/15/36 
6,610‌
6,875‌
Howard
County,
Consolidated
Public
Improvement,
Series A,
GO,
4.00%,
8/15/37 
5,000‌
5,159‌
Howard
County,
Downtown
Columbia
Project,
Series A,
4.00%,
2/15/28 (1)
480‌
470‌
Howard
County,
Downtown
Columbia
Project,
Series A,
4.125%,
2/15/34 (1)
1,000‌
945‌
Howard
County,
Downtown
Columbia
Project,
Series A,
4.375%,
2/15/39 (1)
1,000‌
934‌
Howard
County,
Downtown
Columbia
Project,
Series A,
4.50%,
2/15/47 (1)
2,950‌
2,644‌
Howard
County,
Patuxent
Square
Apts,
VRDN,
4.75%,
10/1/36
(Tender
4/1/29) (4)
2,080‌
2,085‌
Maryland
CDA,
4.65%,
9/1/37 
6,000‌
6,169‌
Maryland
CDA,
4.95%,
9/1/42 
4,500‌
4,629‌
Maryland
CDA,
6.00%,
3/1/53 
7,000‌
7,501‌
Maryland
CDA,
Series A,
3.00%,
9/1/51 
13,820‌
13,266‌
Maryland
CDA,
Series A,
3.375%,
9/1/34 
1,515‌
1,450‌
Maryland
CDA,
Series A,
3.75%,
3/1/50 
12,015‌
11,797‌
Maryland
CDA,
Series A,
4.50%,
9/1/48 
7,040‌
7,047‌
Maryland
CDA,
Series A,
5.00%,
9/1/52 
5,000‌
5,129‌
Maryland
CDA,
Series B,
3.00%,
9/1/51 
34,995‌
33,462‌
Maryland
CDA,
Series B,
3.20%,
9/1/39 
10,000‌
8,824‌
Maryland
CDA,
Series B,
4.35%,
7/1/43 
7,500‌
7,227‌
Maryland
CDA,
Series B,
4.50%,
9/1/48 (4)
6,270‌
6,232‌
Maryland
CDA,
Series C,
2.60%,
1/1/42 
2,155‌
1,596‌
T.
ROWE
PRICE
Maryland
Tax-Free
Bond
Fund
7
Par
$
Value
(Amounts
in
000s)
Maryland
CDA,
Series C,
3.50%,
3/1/50 
3,830‌
3,739‌
Maryland
CDA,
Series C,
5.00%,
9/1/26 
375‌
394‌
Maryland
CDA,
Series C,
5.00%,
9/1/27 
770‌
821‌
Maryland
CDA,
Series C,
5.00%,
9/1/28 
1,160‌
1,258‌
Maryland
CDA,
Series C,
5.00%,
9/1/29 
2,975‌
3,245‌
Maryland
CDA,
Series C,
5.00%,
3/1/30 
740‌
801‌
Maryland
CDA,
Series C,
5.00%,
3/1/31 
1,500‌
1,621‌
Maryland
CDA,
Series C,
5.15%,
7/1/42 
2,500‌
2,594‌
Maryland
CDA,
Series F,
5.00%,
7/1/48 
980‌
981‌
Maryland
CDA
Local
Government
Infrastructure,
Series A-1,
5.00%,
6/1/38 
1,115‌
1,254‌
Maryland
CDA
Local
Government
Infrastructure,
Series A-1,
5.00%,
6/1/43 
1,500‌
1,656‌
Maryland
CDA,
Glen
Manor
Apts,
Series G,
4.70%,
1/1/31 
4,950‌
4,954‌
Maryland
DOT,
COP,
5.00%,
10/15/23 (4)
1,035‌
1,036‌
Maryland
DOT,
Series B,
4.00%,
8/1/39 (4)
2,340‌
2,257‌
Maryland
DOT,
Series B,
4.00%,
8/1/40 (4)
4,325‌
4,136‌
Maryland
DOT,
Series B,
4.00%,
8/1/41 (4)
3,125‌
2,966‌
Maryland
DOT,
Series B,
4.00%,
8/1/51 (4)
34,755‌
31,931‌
Maryland
DOT,
Series B,
5.00%,
8/1/31 (4)
1,125‌
1,229‌
Maryland
DOT,
Series B,
5.00%,
8/1/32 (4)
1,420‌
1,554‌
Maryland
DOT,
Series B,
5.00%,
8/1/46 (4)
19,250‌
20,001‌
Maryland
Economic
Dev.,
Air
Cargo
Obligated
Group,
4.00%,
7/1/39 (4)
3,060‌
2,732‌
Maryland
Economic
Dev.,
Air
Cargo
Obligated
Group,
4.00%,
7/1/44 (4)
4,800‌
4,142‌
Maryland
Economic
Dev.,
Air
Cargo
Obligated
Group,
5.00%,
7/1/23 (4)
600‌
600‌
Maryland
Economic
Dev.,
Air
Cargo
Obligated
Group,
5.00%,
7/1/24 (4)
325‌
326‌
Maryland
Economic
Dev.,
Air
Cargo
Obligated
Group,
5.00%,
7/1/25 (4)
510‌
513‌
Maryland
Economic
Dev.,
Air
Cargo
Obligated
Group,
5.00%,
7/1/26 (4)
690‌
698‌
Maryland
Economic
Dev.,
Air
Cargo
Obligated
Group,
5.00%,
7/1/28 (4)
310‌
318‌
Maryland
Economic
Dev.,
Air
Cargo
Obligated
Group,
5.00%,
7/1/29 (4)
225‌
233‌
Maryland
Economic
Dev.,
Annapolis
Mobility
&
Resilience
Project,
5.00%,
12/31/37 
2,295‌
2,391‌
Maryland
Economic
Dev.,
Annapolis
Mobility
&
Resilience
Project,
5.00%,
12/31/42 
3,970‌
4,075‌
Maryland
Economic
Dev.,
Annapolis
Mobility
&
Resilience
Project,
5.25%,
12/31/47 
5,940‌
6,171‌
Maryland
Economic
Dev.,
Annapolis
Mobility
&
Resilience
Project,
5.25%,
6/30/53 
1,185‌
1,225‌
T.
ROWE
PRICE
Maryland
Tax-Free
Bond
Fund
8
Par
$
Value
(Amounts
in
000s)
Maryland
Economic
Dev.,
Baltimore
City
Project,
Series A,
5.00%,
6/1/58 
2,500‌
2,296‌
Maryland
Economic
Dev.,
Bowie
State
Univ.
Project,
4.00%,
7/1/28 
400‌
405‌
Maryland
Economic
Dev.,
Bowie
State
Univ.
Project,
4.00%,
7/1/29 
545‌
552‌
Maryland
Economic
Dev.,
Bowie
State
Univ.
Project,
4.00%,
7/1/30 
565‌
571‌
Maryland
Economic
Dev.,
Bowie
State
Univ.
Project,
4.00%,
7/1/31 
590‌
594‌
Maryland
Economic
Dev.,
Bowie
State
Univ.
Project,
4.00%,
7/1/32 
815‌
818‌
Maryland
Economic
Dev.,
Bowie
State
Univ.
Project,
4.00%,
7/1/34 
395‌
391‌
Maryland
Economic
Dev.,
Bowie
State
Univ.
Project,
4.00%,
7/1/35 
260‌
254‌
Maryland
Economic
Dev.,
Bowie
State
Univ.
Project,
4.00%,
7/1/40 
2,755‌
2,542‌
Maryland
Economic
Dev.,
Bowie
State
Univ.
Project,
4.00%,
7/1/50 
12,335‌
10,483‌
Maryland
Economic
Dev.,
Bowie
State
Univ.
Project,
5.00%,
6/1/25 
950‌
963‌
Maryland
Economic
Dev.,
Bowie
State
Univ.
Project,
5.00%,
6/1/29 (1)
1,680‌
1,733‌
Maryland
Economic
Dev.,
Bowie
State
Univ.
Project,
5.00%,
6/1/33 (1)
2,000‌
2,054‌
Maryland
Economic
Dev.,
Bowie
State
Univ.
Project,
5.00%,
7/1/55 
11,340‌
11,390‌
Maryland
Economic
Dev.,
Constellation
Energy
Group,
Series B,
VRDN,
4.10%,
10/1/36
(Tender
4/3/28) 
10,000‌
10,135‌
Maryland
Economic
Dev.,
Morgan
State
Univ.
Project,
4.00%,
7/1/40 
5,055‌
4,779‌
Maryland
Economic
Dev.,
Morgan
State
Univ.
Project,
4.25%,
7/1/50 
3,500‌
3,132‌
Maryland
Economic
Dev.,
Morgan
State
Univ.
Project,
5.00%,
7/1/23 
1,170‌
1,171‌
Maryland
Economic
Dev.,
Morgan
State
Univ.
Project,
5.00%,
7/1/24 
1,225‌
1,238‌
Maryland
Economic
Dev.,
Morgan
State
Univ.
Project,
5.00%,
7/1/25 
1,285‌
1,313‌
Maryland
Economic
Dev.,
Morgan
State
Univ.
Project,
5.00%,
7/1/26 
600‌
621‌
Maryland
Economic
Dev.,
Morgan
State
Univ.
Project,
5.00%,
7/1/27 
665‌
697‌
Maryland
Economic
Dev.,
Morgan
State
Univ.
Project,
5.00%,
7/1/28 
490‌
520‌
Maryland
Economic
Dev.,
Morgan
State
Univ.
Project,
5.00%,
7/1/29 
810‌
870‌
Maryland
Economic
Dev.,
Morgan
State
Univ.
Project,
5.00%,
7/1/30 
1,095‌
1,185‌
Maryland
Economic
Dev.,
Morgan
State
Univ.
Project,
5.00%,
7/1/31 
1,000‌
1,089‌
Maryland
Economic
Dev.,
Morgan
State
Univ.
Project,
5.00%,
7/1/32 
1,805‌
1,976‌
Maryland
Economic
Dev.,
Morgan
State
Univ.
Project,
5.00%,
7/1/34 
2,500‌
2,710‌
Maryland
Economic
Dev.,
Morgan
State
Univ.
Project,
5.00%,
7/1/50 
11,970‌
12,176‌
T.
ROWE
PRICE
Maryland
Tax-Free
Bond
Fund
9
Par
$
Value
(Amounts
in
000s)
Maryland
Economic
Dev.,
Morgan
State
Univ.
Project,
5.00%,
7/1/56 
17,225‌
17,419‌
Maryland
Economic
Dev.,
Morgan
State
Univ.
Project,
Series A,
5.375%,
7/1/38 
1,220‌
1,320‌
Maryland
Economic
Dev.,
Morgan
State
Univ.
Project,
Series A,
5.75%,
7/1/53 
8,140‌
8,784‌
Maryland
Economic
Dev.,
Morgan
State
Univ.
Project,
Series A,
6.00%,
7/1/58 
7,900‌
8,646‌
Maryland
Economic
Dev.,
Purple
Line
Light
Rail
Project,
Series A,
5.00%,
11/12/28 (4)
6,400‌
6,551‌
Maryland
Economic
Dev.,
Purple
Line
Light
Rail
Project,
Series B,
5.00%,
6/30/41 (4)
2,850‌
2,892‌
Maryland
Economic
Dev.,
Purple
Line
Light
Rail
Project,
Series B,
5.00%,
12/31/41 (4)
2,500‌
2,537‌
Maryland
Economic
Dev.,
Purple
Line
Light
Rail
Project,
Series B,
5.25%,
6/30/47 (4)
2,350‌
2,393‌
Maryland
Economic
Dev.,
Purple
Line
Light
Rail
Project,
Series B,
5.25%,
6/30/52 (4)
4,000‌
4,064‌
Maryland
Economic
Dev.,
Purple
Line
Light
Rail
Project,
Series B,
5.25%,
6/30/55 (4)
37,815‌
38,334‌
Maryland
Economic
Dev.,
Salisbury
Univ.
Project,
5.00%,
6/1/27 
700‌
700‌
Maryland
Economic
Dev.,
Salisbury
Univ.
Project,
5.00%,
6/1/30 
805‌
805‌
Maryland
Economic
Dev.,
Salisbury
Univ.
Project,
5.00%,
6/1/34 
1,000‌
991‌
Maryland
Economic
Dev.,
Seagirt
Marine
Terminal
Project,
5.00%,
6/1/44 (4)
5,650‌
5,675‌
Maryland
Economic
Dev.,
Seagirt
Marine
Terminal
Project,
5.00%,
6/1/49 (4)
16,805‌
16,757‌
Maryland
Economic
Dev.,
Towson
Univ.
Project,
4.00%,
7/1/23 
100‌
100‌
Maryland
Economic
Dev.,
Towson
Univ.
Project,
4.00%,
7/1/24 
465‌
464‌
Maryland
Economic
Dev.,
Towson
Univ.
Project,
5.00%,
7/1/25 
400‌
405‌
Maryland
Economic
Dev.,
Towson
Univ.
Project,
5.00%,
7/1/27 
1,825‌
1,826‌
Maryland
Economic
Dev.,
Towson
Univ.
Project,
5.00%,
7/1/28 
175‌
178‌
Maryland
Economic
Dev.,
Towson
Univ.
Project,
5.00%,
7/1/29 
1,775‌
1,776‌
Maryland
Economic
Dev.,
Towson
Univ.
Project,
5.00%,
7/1/30 
325‌
330‌
Maryland
Economic
Dev.,
Towson
Univ.
Project,
5.00%,
7/1/31 
375‌
380‌
Maryland
Economic
Dev.,
Towson
Univ.
Project,
5.00%,
7/1/32 
325‌
328‌
Maryland
Economic
Dev.,
Towson
Univ.
Project,
5.00%,
7/1/36 
2,100‌
2,101‌
Maryland
Economic
Dev.,
Towson
Univ.
Project,
5.00%,
7/1/37 
3,000‌
2,994‌
Maryland
Economic
Dev.,
Towson
Univ.
Project,
Series 2017,
5.00%,
7/1/27 
185‌
189‌
Maryland
Economic
Dev.,
Towson
Univ.
Project,
Series 2017,
5.00%,
7/1/29 
215‌
219‌
Maryland
Economic
Dev.,
Transportation
Fac.
Project,
Series A,
5.00%,
6/1/24 
1,445‌
1,463‌
Maryland
Economic
Dev.,
Transportation
Fac.
Project,
Series A,
5.00%,
6/1/25 
1,000‌
1,011‌
T.
ROWE
PRICE
Maryland
Tax-Free
Bond
Fund
10
Par
$
Value
(Amounts
in
000s)
Maryland
Economic
Dev.,
Transportation
Fac.
Project,
Series A,
5.00%,
6/1/29 
500‌
519‌
Maryland
Economic
Dev.,
Transportation
Fac.
Project,
Series A,
5.00%,
6/1/30 
500‌
519‌
Maryland
Economic
Dev.,
Transportation
Fac.
Project,
Series A,
5.00%,
6/1/31 
4,350‌
4,516‌
Maryland
Economic
Dev.,
Transportation
Fac.
Project,
Series A,
5.00%,
6/1/32 
2,000‌
2,074‌
Maryland
Economic
Dev.,
Transportation
Fac.
Project,
Series A,
5.00%,
6/1/35 
7,605‌
7,840‌
Maryland
Economic
Dev.,
Univ.
of
Maryland
Baltimore
County
Project,
4.00%,
7/1/23 (5)
480‌
480‌
Maryland
Economic
Dev.,
Univ.
of
Maryland
Baltimore
County
Project,
4.00%,
7/1/24 (5)
420‌
421‌
Maryland
Economic
Dev.,
Univ.
of
Maryland
Baltimore
County
Project,
4.00%,
7/1/25 (5)
470‌
475‌
Maryland
Economic
Dev.,
Univ.
of
Maryland
Baltimore
County
Project,
4.00%,
7/1/26 (5)
505‌
514‌
Maryland
Economic
Dev.,
Univ.
of
Maryland
Baltimore
County
Project,
5.00%,
7/1/27 (5)
800‌
835‌
Maryland
Economic
Dev.,
Univ.
of
Maryland
Baltimore
County
Project,
5.00%,
7/1/28 (5)
525‌
548‌
Maryland
Economic
Dev.,
Univ.
of
Maryland
Baltimore
County
Project,
5.00%,
7/1/29 (5)
560‌
585‌
Maryland
Economic
Dev.,
Univ.
of
Maryland
Baltimore
County
Project,
5.00%,
7/1/30 (5)
1,325‌
1,385‌
Maryland
Economic
Dev.,
Univ.
of
Maryland
Baltimore
County
Project,
5.00%,
7/1/31 (5)
705‌
737‌
Maryland
Economic
Dev.,
Univ.
of
Maryland
College
Park
Project,
4.00%,
6/1/23 (5)
2,035‌
2,035‌
Maryland
Economic
Dev.,
Univ.
of
Maryland
College
Park
Project,
4.00%,
6/1/24 (5)
1,700‌
1,704‌
Maryland
Economic
Dev.,
Univ.
of
Maryland
College
Park
Project,
4.00%,
6/1/25 (5)
2,010‌
2,031‌
Maryland
Economic
Dev.,
Univ.
of
Maryland
College
Park
Project,
4.00%,
6/1/26 (5)
1,815‌
1,846‌
Maryland
Economic
Dev.,
Univ.
of
Maryland
College
Park
Project,
5.00%,
6/1/27 (5)
2,280‌
2,378‌
Maryland
Economic
Dev.,
Univ.
of
Maryland
College
Park
Project,
5.00%,
6/1/28 (5)
3,405‌
3,551‌
Maryland
Economic
Dev.,
Univ.
of
Maryland
College
Park
Project,
5.00%,
6/1/29 (5)
3,100‌
3,235‌
Maryland
Economic
Dev.,
Univ.
of
Maryland
College
Park
Project,
5.00%,
6/1/30 (5)
3,930‌
4,103‌
Maryland
Economic
Dev.,
Univ.
of
Maryland
College
Park
Project,
5.00%,
6/1/31 (5)
3,765‌
3,931‌
T.
ROWE
PRICE
Maryland
Tax-Free
Bond
Fund
11
Par
$
Value
(Amounts
in
000s)
Maryland
Economic
Dev.,
Univ.
of
Maryland
College
Park
Project,
5.00%,
6/1/35 (5)
11,075‌
11,532‌
Maryland
Economic
Dev.,
Univ.
of
Maryland
College
Park
Project,
5.00%,
6/1/43 (5)
4,560‌
4,658‌
Maryland
Economic
Dev.,
Univ.
of
Maryland
Project,
4.00%,
7/1/23 
820‌
820‌
Maryland
Economic
Dev.,
Univ.
of
Maryland
Project,
4.00%,
7/1/25 
600‌
594‌
Maryland
Economic
Dev.,
Univ.
of
Maryland
Project,
5.00%,
7/1/26 
635‌
641‌
Maryland
Economic
Dev.,
Univ.
of
Maryland
Project,
5.00%,
7/1/27 
500‌
504‌
Maryland
Economic
Dev.,
Univ.
of
Maryland
Project,
5.00%,
7/1/31 
1,850‌
1,861‌
Maryland
Economic
Dev.,
Univ.
of
Maryland
Project,
5.00%,
7/1/35 
3,845‌
3,852‌
Maryland
Economic
Dev.,
Univ.
of
Maryland
Project,
5.00%,
7/1/39 
3,850‌
3,825‌
Maryland
Economic
Dev.,
Univ.
Village
at
Sheppard
Pratt,
4.00%,
7/1/23 
910‌
910‌
Maryland
Economic
Dev.,
Univ.
Village
at
Sheppard
Pratt,
5.00%,
7/1/27 
1,600‌
1,600‌
Maryland
Economic
Dev.,
Univ.
Village
at
Sheppard
Pratt,
5.00%,
7/1/33 
2,570‌
2,570‌
Maryland
HHEFA,
4.00%,
7/1/39
(Prerefunded
7/1/24) (6)
2,475‌
2,490‌
Maryland
HHEFA,
Adventist
Healthcare,
4.00%,
1/1/28 
950‌
946‌
Maryland
HHEFA,
Adventist
Healthcare,
4.00%,
1/1/30 
510‌
508‌
Maryland
HHEFA,
Adventist
Healthcare,
5.00%,
1/1/24 
545‌
547‌
Maryland
HHEFA,
Adventist
Healthcare,
5.00%,
1/1/26 
910‌
927‌
Maryland
HHEFA,
Adventist
Healthcare,
5.00%,
1/1/27 
430‌
442‌
Maryland
HHEFA,
Adventist
Healthcare,
5.00%,
1/1/28 
375‌
389‌
Maryland
HHEFA,
Adventist
Healthcare,
5.00%,
1/1/29 
580‌
607‌
Maryland
HHEFA,
Adventist
Healthcare,
5.00%,
1/1/30 
555‌
584‌
Maryland
HHEFA,
Adventist
Healthcare,
5.00%,
1/1/36 
2,340‌
2,379‌
Maryland
HHEFA,
Adventist
Healthcare,
Series A,
5.50%,
1/1/36 
1,540‌
1,584‌
Maryland
HHEFA,
Adventist
Healthcare,
Series A,
5.50%,
1/1/46 
18,280‌
18,459‌
Maryland
HHEFA,
Adventist
Healthcare,
Series B,
4.00%,
1/1/34 
2,565‌
2,498‌
Maryland
HHEFA,
Adventist
Healthcare,
Series B,
4.00%,
1/1/35 
1,840‌
1,752‌
Maryland
HHEFA,
Andrews
Public
Charter,
5.50%,
5/1/42 (1)
820‌
776‌
Maryland
HHEFA,
Andrews
Public
Charter,
5.50%,
5/1/52 (1)
1,500‌
1,376‌
Maryland
HHEFA,
Broadmead,
Series A,
4.00%,
7/1/35 
280‌
258‌
Maryland
HHEFA,
Broadmead,
Series A,
5.00%,
7/1/26 
780‌
799‌
Maryland
HHEFA,
Broadmead,
Series A,
5.00%,
7/1/28 
205‌
212‌
Maryland
HHEFA,
Broadmead,
Series A,
5.00%,
7/1/29 
1,000‌
1,033‌
Maryland
HHEFA,
Broadmead,
Series A,
5.00%,
7/1/31 
530‌
545‌
Maryland
HHEFA,
Broadmead,
Series A,
5.00%,
7/1/32 
1,000‌
1,026‌
Maryland
HHEFA,
Broadmead,
Series A,
5.00%,
7/1/38 
2,830‌
2,864‌
Maryland
HHEFA,
Broadmead,
Series A,
5.00%,
7/1/43 
2,800‌
2,802‌
Maryland
HHEFA,
Broadmead,
Series A,
5.00%,
7/1/48 
7,000‌
6,911‌
Maryland
HHEFA,
Calvert
Health
System,
5.00%,
7/1/38
(Prerefunded
7/1/23) (6)
750‌
751‌
Maryland
HHEFA,
Charlestown
Community,
Series A,
5.00%,
1/1/27 
1,200‌
1,239‌
T.
ROWE
PRICE
Maryland
Tax-Free
Bond
Fund
12
Par
$
Value
(Amounts
in
000s)
Maryland
HHEFA,
Charlestown
Community,
Series A,
5.00%,
1/1/28 
605‌
626‌
Maryland
HHEFA,
Charlestown
Community,
Series A,
5.00%,
1/1/36 
2,835‌
2,922‌
Maryland
HHEFA,
Charlestown
Community,
Series A,
5.00%,
1/1/45 
14,760‌
14,970‌
Maryland
HHEFA,
City
Neighbors
Charter
School,
Series A,
6.75%,
7/1/44 
2,700‌
2,704‌
Maryland
HHEFA,
Edenwald
Issue,
Retirement
Fac.,
3.125%,
1/1/24 
200‌
199‌
Maryland
HHEFA,
Edenwald
Issue,
Retirement
Fac.,
4.00%,
1/1/29 
1,515‌
1,473‌
Maryland
HHEFA,
Edenwald
Issue,
Retirement
Fac.,
4.125%,
1/1/30 
995‌
967‌
Maryland
HHEFA,
Edenwald
Issue,
Retirement
Fac.,
5.00%,
1/1/25 
875‌
883‌
Maryland
HHEFA,
Edenwald
Issue,
Retirement
Fac.,
5.00%,
1/1/26 
1,015‌
1,027‌
Maryland
HHEFA,
Edenwald
Issue,
Retirement
Fac.,
5.00%,
1/1/27 
1,920‌
1,940‌
Maryland
HHEFA,
Edenwald
Issue,
Retirement
Fac.,
5.00%,
1/1/28 
2,070‌
2,089‌
Maryland
HHEFA,
Edenwald
Issue,
Retirement
Fac.,
5.25%,
1/1/37 
17,730‌
17,809‌
Maryland
HHEFA,
Frederick
Health
System,
4.00%,
7/1/45 
7,695‌
7,141‌
Maryland
HHEFA,
Frederick
Health
System,
4.00%,
7/1/50 
11,565‌
10,305‌
Maryland
HHEFA,
Greater
Baltimore
Medical
Center,
Series A,
2.50%,
7/1/51 
3,970‌
2,470‌
Maryland
HHEFA,
Greater
Baltimore
Medical
Center,
Series A,
3.00%,
7/1/46 
10,190‌
7,571‌
Maryland
HHEFA,
Greater
Baltimore
Medical
Center,
Series A,
4.00%,
7/1/37 
4,380‌
4,178‌
Maryland
HHEFA,
Greater
Baltimore
Medical
Center,
Series A,
4.00%,
7/1/40 
5,000‌
4,719‌
Maryland
HHEFA,
Green
Street
Academy,
Series A,
5.00%,
7/1/27 (1)
300‌
299‌
Maryland
HHEFA,
Green
Street
Academy,
Series A,
5.125%,
7/1/37 (1)
1,265‌
1,197‌
Maryland
HHEFA,
Green
Street
Academy,
Series A,
5.25%,
7/1/47 (1)
1,800‌
1,633‌
Maryland
HHEFA,
Green
Street
Academy,
Series A,
5.375%,
7/1/52 (1)
1,530‌
1,393‌
Maryland
HHEFA,
Helix
Health
Issue,
5.00%,
7/1/27 (3)(7)
8,390‌
8,686‌
Maryland
HHEFA,
Johns
Hopkins
Medical
Institution,
5.50%,
7/1/26 (7)
1,955‌
1,969‌
Maryland
HHEFA,
Johns
Hopkins
Medical
Institution,
Series A,
5.00%,
5/15/37 
5,000‌
5,119‌
Maryland
HHEFA,
Johns
Hopkins
Medical
Institution,
Series B,
4.60%,
7/1/38 (7)
490‌
494‌
Maryland
HHEFA,
Johns
Hopkins
Univ.,
Series B,
4.25%,
7/1/41 
5,475‌
5,476‌
Maryland
HHEFA,
Johns
Hopkins
Univ.,
Series B,
5.00%,
7/1/38 
6,590‌
6,591‌
Maryland
HHEFA,
LifeBridge
Health,
5.00%,
7/1/31 
1,060‌
1,113‌
Maryland
HHEFA,
LifeBridge
Health,
5.00%,
7/1/32 
1,210‌
1,268‌
T.
ROWE
PRICE
Maryland
Tax-Free
Bond
Fund
13
Par
$
Value
(Amounts
in
000s)
Maryland
HHEFA,
LifeBridge
Health,
5.00%,
7/1/33 
1,175‌
1,226‌
Maryland
HHEFA,
LifeBridge
Health,
5.00%,
7/1/34 
3,925‌
4,144‌
Maryland
HHEFA,
LifeBridge
Health,
5.00%,
7/1/47 
31,350‌
31,577‌
Maryland
HHEFA,
LifeBridge
Health,
Series 2016,
5.00%,
7/1/47 
20,190‌
20,391‌
Maryland
HHEFA,
LifeBridge
Health,
Series 2017,
5.00%,
7/1/33 
1,015‌
1,072‌
Maryland
HHEFA,
Loyola
Univ.,
4.00%,
10/1/30 
480‌
484‌
Maryland
HHEFA,
Loyola
Univ.,
4.00%,
10/1/33 
1,210‌
1,216‌
Maryland
HHEFA,
Loyola
Univ.,
4.00%,
10/1/39 
5,505‌
5,284‌
Maryland
HHEFA,
Loyola
Univ.,
4.00%,
10/1/45 
7,330‌
6,822‌
Maryland
HHEFA,
Loyola
Univ.,
5.00%,
10/1/27 
435‌
445‌
Maryland
HHEFA,
Loyola
Univ.,
5.00%,
10/1/28 
500‌
512‌
Maryland
HHEFA,
Loyola
Univ.,
5.00%,
10/1/32 
595‌
610‌
Maryland
HHEFA,
Loyola
Univ.,
5.00%,
10/1/45 
8,510‌
8,612‌
Maryland
HHEFA,
Loyola
Univ.,
Series A,
5.00%,
10/1/24 
500‌
508‌
Maryland
HHEFA,
Loyola
Univ.,
Series A,
5.00%,
10/1/49 
8,440‌
8,826‌
Maryland
HHEFA,
Maryland
Institute
College
of
Art,
4.00%,
6/1/24 
700‌
700‌
Maryland
HHEFA,
Maryland
Institute
College
of
Art,
4.00%,
6/1/42 
2,435‌
2,246‌
Maryland
HHEFA,
Maryland
Institute
College
of
Art,
5.00%,
6/1/24 
250‌
252‌
Maryland
HHEFA,
Maryland
Institute
College
of
Art,
5.00%,
6/1/25 
100‌
102‌
Maryland
HHEFA,
Maryland
Institute
College
of
Art,
5.00%,
6/1/26 
225‌
232‌
Maryland
HHEFA,
Maryland
Institute
College
of
Art,
5.00%,
6/1/27 
850‌
878‌
Maryland
HHEFA,
Maryland
Institute
College
of
Art,
5.00%,
6/1/28 
650‌
673‌
Maryland
HHEFA,
Maryland
Institute
College
of
Art,
5.00%,
6/1/29 
1,295‌
1,296‌
Maryland
HHEFA,
Maryland
Institute
College
of
Art,
5.00%,
6/1/30 
1,020‌
1,056‌
Maryland
HHEFA,
Maryland
Institute
College
of
Art,
5.00%,
6/1/31 
680‌
703‌
Maryland
HHEFA,
Maryland
Institute
College
of
Art,
5.00%,
6/1/32 
890‌
920‌
Maryland
HHEFA,
Maryland
Institute
College
of
Art,
5.00%,
6/1/33 
300‌
310‌
Maryland
HHEFA,
Maryland
Institute
College
of
Art,
5.00%,
6/1/34 
1,005‌
1,006‌
Maryland
HHEFA,
Maryland
Institute
College
of
Art,
5.00%,
6/1/35 
275‌
283‌
Maryland
HHEFA,
Maryland
Institute
College
of
Art,
5.00%,
6/1/36 
650‌
668‌
Maryland
HHEFA,
Maryland
Institute
College
of
Art,
5.00%,
6/1/42 
3,000‌
3,054‌
Maryland
HHEFA,
Maryland
Institute
College
of
Art,
5.00%,
6/1/47 
11,630‌
11,633‌
Maryland
HHEFA,
Maryland
Institute
College
of
Art,
Series 2012,
5.00%,
6/1/23 
500‌
500‌
Maryland
HHEFA,
Maryland
Institute
College
of
Art,
Series 2016,
5.00%,
6/1/23 
250‌
250‌
Maryland
HHEFA,
Maryland
Institute
College
of
Art,
Series 2017,
5.00%,
6/1/25 
260‌
265‌
Maryland
HHEFA,
Maryland
Institute
College
of
Art,
Series 2017,
5.00%,
6/1/28 
300‌
310‌
Maryland
HHEFA,
Maryland
Institute
College
of
Art,
Series 2017,
5.00%,
6/1/29 
315‌
326‌
Maryland
HHEFA,
Maryland
Institute
College
of
Art,
Series 2017,
5.00%,
6/1/34 
1,330‌
1,374‌
Maryland
HHEFA,
Maryland
Institute
College
of
Art,
Series 2017,
5.00%,
6/1/36 
575‌
591‌
T.
ROWE
PRICE
Maryland
Tax-Free
Bond
Fund
14
Par
$
Value
(Amounts
in
000s)
Maryland
HHEFA,
Medlantic/Helix
Issue,
Series A,
5.25%,
8/15/38 (5)
6,760‌
7,582‌
Maryland
HHEFA,
Medlantic/Helix
Issue,
Series B,
5.25%,
8/15/38 (7)
16,030‌
17,379‌
Maryland
HHEFA,
MedStar
Health,
4.00%,
8/15/45 
1,165‌
1,070‌
Maryland
HHEFA,
MedStar
Health,
5.00%,
8/15/31 
5,080‌
5,206‌
Maryland
HHEFA,
MedStar
Health,
5.00%,
8/15/38 
900‌
916‌
Maryland
HHEFA,
MedStar
Health,
5.00%,
8/15/42 
13,285‌
13,468‌
Maryland
HHEFA,
MedStar
Health,
Series A,
4.00%,
5/15/47 
3,840‌
3,518‌
Maryland
HHEFA,
MedStar
Health,
Series A,
5.00%,
8/15/27 
4,005‌
4,012‌
Maryland
HHEFA,
MedStar
Health,
Series A,
5.00%,
8/15/38 
2,045‌
2,047‌
Maryland
HHEFA,
MedStar
Health,
Series A,
5.00%,
8/15/41 
10,840‌
10,841‌
Maryland
HHEFA,
MedStar
Health,
Series A,
5.00%,
5/15/42 
5,870‌
6,046‌
Maryland
HHEFA,
MedStar
Health,
Series A,
5.00%,
5/15/45 
26,620‌
27,233‌
Maryland
HHEFA,
MedStar
Health,
Series B,
4.00%,
8/15/38 
885‌
860‌
Maryland
HHEFA,
MedStar
Health,
Series B,
5.00%,
8/15/33 
2,000‌
2,003‌
Maryland
HHEFA,
MedStar
Health,
Series B,
5.00%,
8/15/38 
10,520‌
10,498‌
Maryland
HHEFA,
Mercy
Medical
Center,
Series A,
5.00%,
7/1/32 
1,830‌
1,883‌
Maryland
HHEFA,
Mercy
Medical
Center,
Series A,
5.00%,
7/1/33 
1,000‌
1,029‌
Maryland
HHEFA,
Mercy
Medical
Center,
Series A,
5.00%,
7/1/34 
1,200‌
1,235‌
Maryland
HHEFA,
Mercy
Medical
Center,
Series A,
5.00%,
7/1/36 
1,500‌
1,534‌
Maryland
HHEFA,
Mercy
Medical
Center,
Series A,
5.00%,
7/1/38 
6,345‌
6,426‌
Maryland
HHEFA,
Meritus
Medical
Center,
4.00%,
7/1/30 
845‌
840‌
Maryland
HHEFA,
Meritus
Medical
Center,
5.00%,
7/1/28 
1,030‌
1,051‌
Maryland
HHEFA,
Meritus
Medical
Center,
5.00%,
7/1/34 
1,000‌
1,021‌
Maryland
HHEFA,
Meritus
Medical
Center,
5.00%,
7/1/40 
16,375‌
16,563‌
Maryland
HHEFA,
Meritus
Medical
Center,
5.00%,
7/1/45 
19,035‌
19,184‌
Maryland
HHEFA,
Peninsula
Regional
Health
System,
Series A,
4.00%,
7/1/48 
13,160‌
11,641‌
Maryland
HHEFA,
Saint
John's
College,
4.00%,
10/1/40 
1,000‌
926‌
Maryland
HHEFA,
Stevenson
Univ.
Project,
4.00%,
6/1/35 
1,225‌
1,200‌
Maryland
HHEFA,
Stevenson
Univ.
Project,
4.00%,
6/1/36 
350‌
338‌
Maryland
HHEFA,
Stevenson
Univ.
Project,
4.00%,
6/1/37 
2,520‌
2,399‌
Maryland
HHEFA,
Stevenson
Univ.
Project,
4.00%,
6/1/39 
1,525‌
1,424‌
Maryland
HHEFA,
Stevenson
Univ.
Project,
4.00%,
6/1/40 
400‌
370‌
Maryland
HHEFA,
Stevenson
Univ.
Project,
4.00%,
6/1/41 
1,375‌
1,261‌
Maryland
HHEFA,
Stevenson
Univ.
Project,
5.00%,
6/1/29 
825‌
877‌
Maryland
HHEFA,
Stevenson
Univ.
Project,
5.00%,
6/1/31 
1,205‌
1,301‌
Maryland
HHEFA,
Stevenson
Univ.
Project,
5.00%,
6/1/33 
1,375‌
1,473‌
Maryland
HHEFA,
Stevenson
Univ.
Project,
Series A,
4.00%,
6/1/46 
5,265‌
4,652‌
Maryland
HHEFA,
Stevenson
Univ.
Project,
Series A,
4.00%,
6/1/51 
10,385‌
8,896‌
Maryland
HHEFA,
Stevenson
Univ.
Project,
Series A,
4.00%,
6/1/55 
10,185‌
8,555‌
T.
ROWE
PRICE
Maryland
Tax-Free
Bond
Fund
15
Par
$
Value
(Amounts
in
000s)
Maryland
HHEFA,
Univ.
of
Maryland
Medical
System,
5.00%,
7/1/33 
5,305‌
5,486‌
Maryland
HHEFA,
Univ.
of
Maryland
Medical
System,
5.00%,
7/1/34 
2,910‌
3,005‌
Maryland
HHEFA,
Univ.
of
Maryland
Medical
System,
5.00%,
7/1/35 
2,100‌
2,163‌
Maryland
HHEFA,
Univ.
of
Maryland
Medical
System,
Series B,
5.00%,
7/1/34 
500‌
529‌
Maryland
HHEFA,
Univ.
of
Maryland
Medical
System,
Series D,
VRDN,
3.90%,
7/1/41 
635‌
635‌
Maryland
IDA,
McDonogh
School,
4.00%,
9/1/43 
1,000‌
966‌
Maryland
IDA,
McDonogh
School,
4.00%,
9/1/48 
1,600‌
1,494‌
Maryland
Stadium
Auth.
Built
to
Learn
Revenue,
4.00%,
6/1/37 
4,000‌
4,037‌
Maryland
Stadium
Auth.
Built
to
Learn
Revenue,
4.00%,
6/1/38 
4,125‌
4,142‌
Maryland
Stadium
Auth.
Built
to
Learn
Revenue,
Series A,
4.00%,
6/1/36 
1,185‌
1,208‌
Maryland
Stadium
Auth.
Built
to
Learn
Revenue,
Series A,
4.00%,
6/1/37 
2,625‌
2,652‌
Maryland
Stadium
Auth.
Built
to
Learn
Revenue,
Series A,
4.00%,
6/1/41 
3,135‌
3,135‌
Maryland
Stadium
Auth.
Built
to
Learn
Revenue,
Series A,
4.00%,
6/1/47 
5,000‌
4,764‌
Maryland
Stadium
Auth.
Built
to
Learn
Revenue,
Series A,
4.00%,
6/1/52 
3,380‌
3,157‌
Maryland
Stadium
Auth.,
Baltimore
City
Public
Schools
Construction
&
Revitalization,
5.00%,
5/1/35 
6,270‌
6,783‌
Maryland
Stadium
Auth.,
Baltimore
City
Public
Schools
Construction
&
Revitalization,
5.00%,
5/1/37 
5,250‌
5,587‌
Maryland
Stadium
Auth.,
Baltimore
City
Public
Schools
Construction
&
Revitalization,
5.00%,
5/1/50 
40,860‌
45,350‌
Maryland
Stadium
Auth.,
Baltimore
City
Public
Schools
Construction
&
Revitalization,
Series B,
5.00%,
5/1/47 
13,590‌
15,114‌
Maryland
Stadium
Auth.,
Baltimore
City
Public
Schools
Construction
&
Revitalization,
Unrefunded
Balance,
Series A,
5.00%,
5/1/47 
7,825‌
8,164‌
Maryland
Transportation
Auth.,
Series A,
2.50%,
7/1/47 
4,915‌
3,356‌
Maryland
Transportation
Auth.,
Series A,
5.00%,
7/1/34 
1,325‌
1,520‌
Maryland
Transportation
Auth.,
Series A,
5.00%,
7/1/46 
7,385‌
8,037‌
Maryland
Transportation
Auth.,
Baltimore/Washington
Int'l.
Airport,
4.00%,
6/1/33 (4)
3,250‌
3,246‌
Maryland
Transportation
Auth.,
Baltimore/Washington
Int'l.
Airport,
4.00%,
6/1/37 (4)
7,530‌
7,346‌
Maryland
Transportation
Auth.,
Baltimore/Washington
Int'l.
Airport,
4.00%,
6/1/38 (4)
7,830‌
7,581‌
Maryland
Transportation
Auth.,
Baltimore/Washington
Int'l.
Airport,
4.00%,
6/1/39 (4)
8,145‌
7,822‌
T.
ROWE
PRICE
Maryland
Tax-Free
Bond
Fund
16
Par
$
Value
(Amounts
in
000s)
Maryland
Transportation
Auth.,
Baltimore/Washington
Int'l.
Airport,
5.00%,
6/1/23 (4)
2,440‌
2,440‌
Maryland
Transportation
Auth.,
Baltimore/Washington
Int'l.
Airport,
5.00%,
6/1/24 (4)
2,560‌
2,561‌
Maryland
Transportation
Auth.,
Baltimore/Washington
Int'l.
Airport,
5.00%,
6/1/25 (4)
2,690‌
2,691‌
Maryland
Transportation
Auth.,
Baltimore/Washington
Int'l.
Airport,
5.00%,
6/1/26 (4)
2,820‌
2,821‌
Maryland
Transportation
Auth.,
Baltimore/Washington
Int'l.
Airport,
5.00%,
6/1/27 (4)
2,965‌
2,966‌
Maryland
Transportation
Auth.,
Baltimore/Washington
Int'l.
Airport,
5.00%,
6/1/30 (4)
4,615‌
4,950‌
Maryland
Transportation
Auth.,
Baltimore/Washington
Int'l.
Airport,
5.00%,
6/1/31 (4)
5,895‌
6,318‌
Maryland
Transportation
Auth.,
Baltimore/Washington
Int'l.
Airport,
Series 2012A,
5.00%,
6/1/28 (4)
2,000‌
2,115‌
Maryland
Transportation
Auth.,
Baltimore/Washington
Int'l.
Airport,
Series 2019,
5.00%,
6/1/28 (4)
3,110‌
3,111‌
Maryland
Transportation
Auth.,
Transportation
Fac.
Project,
4.00%,
7/1/45 
8,170‌
7,926‌
Maryland
Transportation
Auth.,
Transportation
Fac.
Project,
4.00%,
7/1/50 
15,035‌
14,372‌
Montgomery
County,
Series E,
GO,
VRDN,
4.00%,
11/1/37 
5,145‌
5,145‌
Montgomery
County
Housing
Opportunities
Commission,
Series A,
3.00%,
1/1/50 
7,440‌
7,111‌
Montgomery
County
Housing
Opportunities
Commission,
Series A,
4.00%,
7/1/46 
1,690‌
1,686‌
Montgomery
County
Housing
Opportunities
Commission,
Series A,
5.00%,
7/1/52 
3,930‌
4,033‌
Montgomery
County
Housing
Opportunities
Commission,
Series C,
2.85%,
1/1/51 
32,930‌
23,638‌
Montgomery
County,
Consolidated
Public
Improvement,
Series A,
GO,
3.75%,
11/1/38 
1,000‌
988‌
Montgomery
County,
Friends
House
Retirement
Community,
Series A,
5.375%,
7/1/48 
3,500‌
2,903‌
Montgomery
County,
Trinity
Healthcare,
4.00%,
12/1/44 
10,740‌
10,298‌
Montgomery
County,
Trinity
Healthcare,
5.00%,
12/1/44 
17,250‌
17,553‌
Montgomery
County,
Trinity
Healthcare,
Series 2016MD,
5.00%,
12/1/45 
13,955‌
14,251‌
Montgomery
County,
West
Germantown
Dev.
Dist.,
4.00%,
7/1/24 
930‌
934‌
Montgomery
County,
West
Germantown
Dev.
Dist.,
4.00%,
7/1/26 
505‌
508‌
Montgomery
County,
West
Germantown
Dev.
Dist.,
4.00%,
7/1/27 
1,000‌
1,006‌
Prince
George's
County,
National
Harbor
Project,
5.00%,
7/1/31 
2,535‌
2,916‌
Prince
George's
County,
National
Harbor
Project,
5.00%,
7/1/32 
1,160‌
1,352‌
Prince
George's
County,
Westphalia
Town
Center
Project,
5.00%,
7/1/30 (1)
600‌
603‌
T.
ROWE
PRICE
Maryland
Tax-Free
Bond
Fund
17
Par
$
Value
(Amounts
in
000s)
Prince
George's
County,
Westphalia
Town
Center
Project,
5.125%,
7/1/39 (1)
1,350‌
1,322‌
Prince
George's
County,
Westphalia
Town
Center
Project,
5.25%,
7/1/48 (1)
4,500‌
4,373‌
Rockville,
Ingelside
at
King
Farm,
Series A-1,
5.00%,
11/1/24 
1,785‌
1,775‌
Rockville,
Ingelside
at
King
Farm,
Series A-1,
5.00%,
11/1/26 
1,000‌
982‌
Rockville,
Ingelside
at
King
Farm,
Series A-1,
5.00%,
11/1/30 
790‌
751‌
Rockville,
Ingelside
at
King
Farm,
Series A-1,
5.00%,
11/1/32 
525‌
490‌
Rockville,
Ingelside
at
King
Farm,
Series A-1,
5.00%,
11/1/37 
4,990‌
4,464‌
Rockville,
Ingelside
at
King
Farm,
Series A-2,
5.00%,
11/1/23 
750‌
749‌
Rockville,
Ingelside
at
King
Farm,
Series A-2,
5.00%,
11/1/25 
500‌
494‌
Rockville,
Ingelside
at
King
Farm,
Series A-2,
5.00%,
11/1/26 
500‌
491‌
Rockville,
Ingelside
at
King
Farm,
Series A-2,
5.00%,
11/1/28 
1,375‌
1,329‌
Rockville,
Ingelside
at
King
Farm,
Series A-2,
5.00%,
11/1/30 
1,515‌
1,440‌
Rockville,
Ingelside
at
King
Farm,
Series A-2,
5.00%,
11/1/35 
1,000‌
909‌
Rockville,
Ingelside
at
King
Farm,
Series B,
4.25%,
11/1/37 
1,000‌
799‌
Rockville,
Ingelside
at
King
Farm,
Series B,
4.50%,
11/1/43 
1,675‌
1,321‌
Rockville,
Ingelside
at
King
Farm,
Series B,
5.00%,
11/1/42 
4,750‌
4,073‌
Rockville,
Ingelside
at
King
Farm,
Series B,
5.00%,
11/1/47 
7,170‌
5,953‌
Saint
Mary's
County,
GO,
4.00%,
8/1/38 
1,450‌
1,484‌
Saint
Mary's
County,
GO,
4.00%,
8/1/39 
1,975‌
2,000‌
Saint
Mary's
County,
GO,
4.00%,
8/1/40 
2,050‌
2,059‌
Saint
Mary's
County,
GO,
4.00%,
8/1/41 
1,000‌
1,000‌
Saint
Mary's
County,
GO,
4.00%,
8/1/42 
2,220‌
2,214‌
Univ.
System
of
Maryland,
Auxiliary
Fac.
&
Tuition,
Series A,
4.00%,
4/1/47 
2,000‌
1,941‌
Univ.
System
of
Maryland,
Auxiliary
Fac.
&
Tuition,
Series A,
4.00%,
4/1/51 
23,090‌
22,071‌
Washington
County,
Homewood
Maryland
Obligated
Group,
4.00%,
5/1/28 
1,875‌
1,744‌
Washington
County,
Homewood
Maryland
Obligated
Group,
4.00%,
5/1/29 
1,950‌
1,782‌
Washington
County,
Homewood
Maryland
Obligated
Group,
4.00%,
5/1/36 
1,500‌
1,215‌
Washington
County,
Homewood
Maryland
Obligated
Group,
4.00%,
5/1/42 
5,100‌
3,791‌
Washington
Suburban
Sanitary
Commission,
Series A,
VRDN,
4.00%,
6/1/24 
9,000‌
9,000‌
Washington
Suburban
Sanitary
Commission,
Consolidated
Public
Improvement,
3.00%,
6/1/44 
5,845‌
4,777‌
Washington
Suburban
Sanitary
Commission,
Consolidated
Public
Improvement,
4.00%,
6/1/36 
10,000‌
10,268‌
Washington
Suburban
Sanitary
Commission,
Consolidated
Public
Improvement,
4.00%,
6/1/48 
5,000‌
4,945‌
Washington
Suburban
Sanitary
Commission,
Consolidated
Public
Improvement,
4.00%,
6/1/50 
7,000‌
6,879‌
T.
ROWE
PRICE
Maryland
Tax-Free
Bond
Fund
18
Par
$
Value
(Amounts
in
000s)
Washington
Suburban
Sanitary
Commission,
Consolidated
Public
Improvement,
4.00%,
6/1/51 
10,000‌
9,831‌
Washington
Suburban
Sanitary
Commission,
Consolidated
Public
Improvement,
5.00%,
6/1/35 
2,225‌
2,345‌
Washington
Suburban
Sanitary
Commission,
Consolidated
Public
Improvement,
5.00%,
6/1/38 
12,585‌
13,154‌
Washington
Suburban
Sanitary
Commission,
Consolidated
Public
Improvement,
2nd Series 2016,
4.00%,
6/1/42 
6,545‌
6,551‌
Washington
Suburban
Sanitary
Commission,
Consolidated
Public
Improvement,
Series 2018,
4.00%,
6/1/41 
7,845‌
7,874‌
Westminster,
Carroll
Lutheran
Village,
5.125%,
7/1/34
(Prerefunded
7/1/24) (6)
3,040‌
3,090‌
Westminster,
Carroll
Lutheran
Village,
5.125%,
7/1/40
(Prerefunded
7/1/24) (6)
3,020‌
3,069‌
Westminster,
Carroll
Lutheran
Village,
5.50%,
7/1/44
(Prerefunded
7/1/24) (6)
6,570‌
6,703‌
Westminster,
Lutheran
Village
at
Millers
Grant,
Series A,
5.00%,
7/1/24 
385‌
386‌
Westminster,
Lutheran
Village
at
Millers
Grant,
Series A,
6.00%,
7/1/34 
2,600‌
2,622‌
Westminster,
Lutheran
Village
at
Millers
Grant,
Series A,
6.125%,
7/1/39 
2,500‌
2,515‌
Westminster,
Lutheran
Village
at
Millers
Grant,
Series A,
6.25%,
7/1/44 
2,740‌
2,757‌
2,023,222‌
PUERTO
RICO
5.1%
Puerto
Rico
Commonwealth,
GO,
VR,
11/1/43 (8)
11,912‌
5,807‌
Puerto
Rico
Commonwealth,
GO,
VR,
11/1/51 (8)(9)
8,575‌
4,137‌
Puerto
Rico
Commonwealth
Aqueduct
&
Sewer
Auth.,
Series A,
5.00%,
7/1/33 (1)
3,400‌
3,424‌
Puerto
Rico
Commonwealth,
Restructured,
Series A,
GO,
Zero
Coupon,
7/1/24 
704‌
671‌
Puerto
Rico
Commonwealth,
Restructured,
Series A,
GO,
Zero
Coupon,
7/1/33 
2,709‌
1,588‌
Puerto
Rico
Commonwealth,
Restructured,
Series A-1,
GO,
4.00%,
7/1/33 
9,445‌
8,669‌
Puerto
Rico
Commonwealth,
Restructured,
Series A-1,
GO,
4.00%,
7/1/35 
7,717‌
6,894‌
Puerto
Rico
Commonwealth,
Restructured,
Series A-1,
GO,
4.00%,
7/1/37 
4,024‌
3,491‌
Puerto
Rico
Commonwealth,
Restructured,
Series A-1,
GO,
4.00%,
7/1/41 
2,208‌
1,843‌
Puerto
Rico
Commonwealth,
Restructured,
Series A-1,
GO,
5.25%,
7/1/23 
1,176‌
1,177‌
Puerto
Rico
Commonwealth,
Restructured,
Series A-1,
GO,
5.375%,
7/1/25 
2,345‌
2,394‌
T.
ROWE
PRICE
Maryland
Tax-Free
Bond
Fund
19
Par
$
Value
(Amounts
in
000s)
Puerto
Rico
Commonwealth,
Restructured,
Series A-1,
GO,
5.625%,
7/1/27 
3,705‌
3,873‌
Puerto
Rico
Commonwealth,
Restructured,
Series A-1,
GO,
5.75%,
7/1/31 
2,000‌
2,154‌
Puerto
Rico
Electric
Power
Auth.,
Series A,
5.05%,
7/1/42 (9)(10)
55‌
39‌
Puerto
Rico
Electric
Power
Auth.,
Series A,
6.75%,
7/1/36 (9)(10)
4,690‌
3,394‌
Puerto
Rico
Electric
Power
Auth.,
Series AAA,
5.25%,
7/1/27 (9)
(10)
850‌
608‌
Puerto
Rico
Electric
Power
Auth.,
Series AAA,
5.25%,
7/1/30 (9)
(10)
1,925‌
1,376‌
Puerto
Rico
Electric
Power
Auth.,
Series CCC,
5.00%,
7/1/27 (9)
(10)
85‌
61‌
Puerto
Rico
Electric
Power
Auth.,
Series CCC,
5.25%,
7/1/28 (9)
(10)
210‌
150‌
Puerto
Rico
Electric
Power
Auth.,
Series TT,
5.00%,
7/1/20 (9)(10)
270‌
190‌
Puerto
Rico
Electric
Power
Auth.,
Series TT,
5.00%,
7/1/24 (9)(10)
1,045‌
745‌
Puerto
Rico
Electric
Power
Auth.,
Series TT,
5.00%,
7/1/25 (9)(10)
340‌
242‌
Puerto
Rico
Electric
Power
Auth.,
Series TT,
5.00%,
7/1/26 (9)(10)
415‌
296‌
Puerto
Rico
Electric
Power
Auth.,
Series TT,
5.00%,
7/1/27 (9)(10)
55‌
39‌
Puerto
Rico
Electric
Power
Auth.,
Series TT,
5.00%,
7/1/37 (9)(10)
4,990‌
3,568‌
Puerto
Rico
Electric
Power
Auth.,
Series WW,
5.00%,
7/1/28 (9)
(10)
45‌
32‌
Puerto
Rico
Electric
Power
Auth.,
Series WW,
5.25%,
7/1/33 (9)
(10)
460‌
329‌
Puerto
Rico
Electric
Power
Auth.,
Series WW,
5.50%,
7/1/18 (9)
(10)
225‌
158‌
Puerto
Rico
Electric
Power
Auth.,
Series XX,
5.25%,
7/1/27 (9)(10)
95‌
68‌
Puerto
Rico
Electric
Power
Auth.,
Series XX,
5.25%,
7/1/40 (9)(10)
255‌
182‌
Puerto
Rico
Electric
Power
Auth.,
Series XX,
5.75%,
7/1/36 (9)(10)
195‌
140‌
Puerto
Rico
Electric
Power
Auth.,
Series ZZ,
3.70%,
7/1/17 (9)(10)
65‌
44‌
Puerto
Rico
Electric
Power
Auth.,
Series ZZ,
5.00%,
7/1/17 (9)(10)
110‌
77‌
Puerto
Rico
Electric
Power
Auth.,
Series ZZ,
5.00%,
7/1/19 (9)(10)
1,110‌
780‌
Puerto
Rico
Electric
Power
Auth.,
Series ZZ,
5.00%,
7/1/28 (9)(10)
90‌
64‌
Puerto
Rico
Electric
Power
Auth.,
Series ZZ,
5.25%,
7/1/19 (9)(10)
830‌
583‌
Puerto
Rico
Electric
Power
Auth.,
Series ZZ,
5.25%,
7/1/23 (9)(10)
240‌
171‌
Puerto
Rico
Electric
Power
Auth.,
Series ZZ,
5.25%,
7/1/24 (9)(10)
95‌
68‌
Puerto
Rico
Highway
&
Transportation
Auth.,
Restructured,
Series C,
STEP,
0.00%,
7/1/53 
2,000‌
1,215‌
Puerto
Rico
Sales
Tax
Fin.,
Restructured,
Series A-1,
4.75%,
7/1/53 
21,570‌
19,947‌
Puerto
Rico
Sales
Tax
Fin.,
Restructured,
Series A-1,
5.00%,
7/1/58 
13,927‌
13,307‌
Puerto
Rico
Sales
Tax
Fin.,
Restructured,
Series A-2,
4.536%,
7/1/53 
3,249‌
2,900‌
Puerto
Rico
Sales
Tax
Fin.,
Restructured,
Series B-1,
Zero
Coupon,
7/1/46 
4,613‌
1,227‌
T.
ROWE
PRICE
Maryland
Tax-Free
Bond
Fund
20
Par
$
Value
(Amounts
in
000s)
Puerto
Rico
Sales
Tax
Fin.,
Restructured
Cofina,
Series A-2,
4.329%,
7/1/40 
10,592‌
9,813‌
Puerto
Rico
Sales
Tax
Fin.,
Restructured,
Converted,
Series A-2,
4.329%,
7/1/40 
4,180‌
3,872‌
111,807‌
Total
Investments
in
Securities
97.9%
(Cost
$2,279,828)
$
2,159,912‌
Other
Assets
Less
Liabilities
2.1%
45,732
Net
Assets
100.0%
$
2,205,644‌
‡
Par
is
denominated
in
U.S.
dollars
unless
otherwise
noted.
(1)
Security
was
purchased
pursuant
to
Rule
144A
under
the
Securities
Act
of
1933
and
may
be
resold
in
transactions
exempt
from
registration
only
to
qualified
institutional
buyers.
Total
value
of
such
securities
at
period-end
amounts
to
$30,598
and
represents
1.4%
of
net
assets.
(2)
Insured
by
Financial
Guaranty
Insurance
Company
(3)
Escrowed
to
maturity
(4)
Interest
subject
to
alternative
minimum
tax.
(5)
Insured
by
Assured
Guaranty
Municipal
Corporation
(6)
Prerefunded
date
is
used
in
determining
portfolio
maturity.
(7)
Insured
by
AMBAC
Assurance
Corporation
(8)
Contingent
value
instrument
that
only
pays
out
if
a
portion
of
the
territory's
Sales
and
Use
Tax
outperforms
the
projections
in
the
Oversight
Board’s
Certified
Fiscal
Plan.
(9)
Non-income
producing
(10)
Issuer
is
currently
in
a
bankruptcy
reorganization
proceeding;
the
amount
and
timing
of
future
distributions
is
uncertain.
CDA
Community
Development
Administration/Authority
COP
Certificate
of
Participation
DOT
Department
of
Transportation
GO
General
Obligation
HHEFA
Health
&
Higher
Educational
Facility
Authority
IDA
Industrial
Development
Authority/Agency
STEP
Stepped
coupon
bond
for
which
the
coupon
rate
of
interest
adjusts
on
specified
date(s);
rate
shown
is
effective
rate
at
period-end.
VR
Variable
Rate;
rate
shown
is
effective
rate
at
period-end.
The
rates
for
certain
variable
rate
securities
are
not
based
on
a
published
reference
rate
and
spread
but
are
determined
by
the
issuer
or
agent
and
based
on
current
market
conditions.
T.
ROWE
PRICE
Maryland
Tax-Free
Bond
Fund
21
The
accompanying
notes
are
an
integral
part
of
this
Portfolio
of
Investments.
.
.
.
.
.
.
.
.
.
.
VRDN
Variable
Rate
Demand
Note
under
which
the
holder
has
the
right
to
sell
the
security
to
the
issuer
or
the
issuer’s
agent
at
a
predetermined
price
on
specified
dates;
such
specified
dates
are
considered
the
effective
maturity
for
purposes
of
the
fund’s
weighted
average
maturity;
rate
shown
is
effective
rate
at
period-end
and
maturity
date
shown
is
final
maturity.
Certain
VRDN
rates
are
not
based
on
a
published
reference
rate
and
spread
but
may
adjust
periodically.
T.
ROWE
PRICE
Maryland
Tax-Free
Bond
Fund
Unaudited
Notes
to
Portfolio
of
Investments
22
T.
Rowe
Price
Maryland
Tax-Free
Bond
Fund (the
fund) is
registered
under
the
Investment
Company
Act
of
1940
(the
1940
Act)
as
an
open-end
management
investment
company
and
follows
accounting
and
reporting
guidance
of
the
Financial
Accounting
Standards
Board
Accounting
Standards
Codification
Topic
946.
The
accompanying
Portfolio
of
Investments
was
prepared
in
accordance
with
accounting
principles
generally
accepted
in
the
United
States
of
America
(GAAP).
For
additional
information
on
the
fund’s
significant
accounting
policies
and
investment
related
disclosures,
please
refer
to
the
fund’s most
recent
semiannual
or
annual
shareholder
report
and
its
prospectus. 
VALUATION 
Fair
Value
  The
fund’s
financial
instruments
are
valued
at
the
close
of
the
New
York
Stock
Exchange
(NYSE),
normally
4
p.m.
ET,
each
day
the
NYSE
is
open
for
business,
and
are
reported
at
fair
value,
which
GAAP
defines
as
the
price
that
would
be
received
to
sell
an
asset
or
paid
to
transfer
a
liability
in
an
orderly
transaction
between
market
participants
at
the
measurement
date. The fund’s
Board
of
Directors
(the
Board)
has
designated
T.
Rowe
Price
Associates,
Inc.
as
the
fund’s
valuation
designee
(Valuation
Designee).
Subject
to
oversight
by
the
Board,
the
Valuation
Designee
performs
the
following
functions
in
performing
fair
value
determinations:
assesses
and
manages
valuation
risks;
establishes
and
applies
fair
value
methodologies;
tests
fair
value
methodologies;
and
evaluates
pricing
vendors
and
pricing
agents.
The
duties
and
responsibilities
of
the
Valuation
Designee
are
performed
by
its
Valuation
Committee. The
Valuation
Designee provides
periodic
reporting
to
the
Board
on
valuation
matters.
Various
valuation
techniques
and
inputs
are
used
to
determine
the
fair
value
of
financial
instruments.
GAAP
establishes
the
following
fair
value
hierarchy
that
categorizes
the
inputs
used
to
measure
fair
value:
Level
1
–
quoted
prices
(unadjusted)
in
active
markets
for
identical
financial
instruments
that
the
fund
can
access
at
the
reporting
date
Level
2
–
inputs
other
than
Level
1
quoted
prices
that
are
observable,
either
directly
or
indirectly
(including,
but
not
limited
to,
quoted
prices
for
similar
financial
instruments
in
active
markets,
quoted
prices
for
identical
or
similar
financial
instruments
in
inactive
markets,
interest
rates
and
yield
curves,
implied
volatilities,
and
credit
spreads)
T.
ROWE
PRICE
Maryland
Tax-Free
Bond
Fund
23
Level
3
–
unobservable
inputs
(including
the Valuation
Designee’s assumptions
in
determining
fair
value)
Observable
inputs
are
developed
using
market
data,
such
as
publicly
available
information
about
actual
events
or
transactions,
and
reflect
the
assumptions
that
market
participants
would
use
to
price
the
financial
instrument.
Unobservable
inputs
are
those
for
which
market
data
are
not
available
and
are
developed
using
the
best
information
available
about
the
assumptions
that
market
participants
would
use
to
price
the
financial
instrument.
GAAP
requires
valuation
techniques
to
maximize
the
use
of
relevant
observable
inputs
and
minimize
the
use
of
unobservable
inputs.
When
multiple
inputs
are
used
to
derive
fair
value,
the
financial
instrument
is
assigned
to
the
level
within
the
fair
value
hierarchy
based
on
the
lowest-level
input
that
is
significant
to
the
fair
value
of
the
financial
instrument.
Input
levels
are
not
necessarily
an
indication
of
the
risk
or
liquidity
associated
with
financial
instruments
at
that
level
but
rather
the
degree
of
judgment
used
in
determining
those
values.
Valuation
Techniques 
Debt
securities
generally
are
traded
in
the over-the-counter
(OTC)
market
and
are
valued
at
prices
furnished
by
independent
pricing
services
or
by
broker
dealers
who
make
markets
in
such
securities.
When
valuing
securities,
the
independent
pricing
services
consider
factors
such
as,
but
not
limited
to,
the
yield
or
price
of
bonds
of
comparable
quality,
coupon,
maturity,
and
type,
as
well
as
prices
quoted
by
dealers
who
make
markets
in
such
securities.   
Investments
for
which
market
quotations are
not
readily
available
or
deemed
unreliable
are
valued
at
fair
value
as
determined
in
good
faith
by
the
Valuation
Designee.
The
Valuation
Designee
has
adopted
methodologies
for
determining
the
fair
value
of
investments
for
which
market
quotations
are
not
readily
available
or
deemed
unreliable,
including
the
use
of
other
pricing
sources.
Factors
used
in
determining
fair
value
vary
by
type
of
investment
and
may
include
market
or
investment
specific
considerations.
The
Valuation
Designee typically
will
afford
greatest
weight
to
actual
prices
in
arm’s
length
transactions,
to
the
extent
they
represent
orderly
transactions
between
market
participants,
transaction
information
can
be
reliably
obtained,
and
prices
are
deemed
representative
of
fair
value.
However,
the
Valuation
Designee may
also
consider
other
valuation
methods
such
as
market-based
valuation
multiples;
a
discount
or
premium
from
market
value
of
a
similar,
freely
traded
security
of
the
same
issuer;
discounted
cash
flows;
yield
to
maturity;
or
some
combination.
Fair
value
determinations
are
reviewed
on
a
regular
basis.
Because
any
fair
value
determination
involves
a
significant
amount
of
judgment,
there
is
a
degree
of
subjectivity
inherent
in
such
pricing
decisions. Fair
value
prices
determined
by
the
Valuation
Designee could
differ
from
those
of
other
market
participants,
and
it
is
possible
that
the
fair
value
determined
for
a
security
may
be
materially
different
from
the
value
that
could
be
realized
upon
the
sale
of
that
security.
T.
ROWE
PRICE
Maryland
Tax-Free
Bond
Fund
24
Valuation
Inputs
  On
May
31,
2023,
all
of
the
fund’s
financial
instruments
were
classified
as
Level
2,
based
on
the
inputs
used
to
determine
their
fair
values.
OTHER
MATTERS 
Unpredictable
events
such
as
environmental
or
natural
disasters,
war,
terrorism,
pandemics,
outbreaks
of
infectious
diseases,
and
similar
public
health
threats
may
significantly
affect
the
economy
and
the
markets
and
issuers
in
which
the fund
invests.
Certain
events
may
cause
instability
across
global
markets,
including
reduced
liquidity
and
disruptions
in
trading
markets,
while
some
events
may
affect
certain
geographic
regions,
countries,
sectors,
and
industries
more
significantly
than
others,
and
exacerbate
other
pre-existing
political,
social,
and
economic
risks.
Since
2020,
a
novel
strain
of
coronavirus
(COVID-19)
has
resulted
in
disruptions
to
global
business
activity
and
caused
significant
volatility
and
declines
in
global
financial
markets.
In
February
2022,
Russian
forces
entered
Ukraine
and
commenced
an
armed
conflict
leading
to
economic
sanctions
being
imposed
on
Russia
and
certain
of
its
citizens,
creating
impacts
on
Russian-related
stocks
and
debt
and
greater
volatility
in
global
markets.
In
March
2023,
the
collapse
of
some
US
regional
and
global
banks
as
well
as
overall
concerns
around
the
soundness
and
stability
of
the
global
banking
sector
has
sparked
concerns
of
a
broader
financial
crisis
impacting
the
overall
global
banking
sector.
In
certain
cases,
government
agencies
have
assumed
control
or
otherwise
intervened
in
the
operations
of
certain
banks
due
to
liquidity
and
solvency
concerns.
The
extent
of
impact
of
these
events
on
the
US
and
global
markets
is
highly
uncertain.
These
are
recent
examples
of
global
events
which
may
have
a
negative
impact
on
the
values
of
certain
portfolio
holdings
or
the
fund’s
overall
performance.
Management
is
actively
monitoring
the
risks
and
financial
impacts
arising
from
these
events.
F87-054Q1
05/23