The Authority is exempt:
(1) from taxation by the State and local government;
(2) except as provided in Title 12, Subtitle 4 and Title 14, Subtitle 3 of the State Finance and Procurement Article, from Division II of the State Finance and Procurement Article;
(3) from § 15–112 of the State Finance and Procurement Article; and
(4) from the provisions of Division I of the State Personnel and Pensions Article that govern the State Personnel Management System.