(1) Except as provided in subsection (2) of this section, upon the proper authorized leasing of any state public trust tidelands, or submerged lands, the lessee shall be responsible for any county or municipal tax levy upon the leasehold interest.
(2) Any leases and/or subleases granted by or through the Department of Marine Resources under the provisions of Sections 49-15-27, 49-15-37 or 49-15-46 shall be exempt from any county or municipal tax levy upon the leasehold interests.