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DE HB172
Bill
Status
7/12/2010
Primary Sponsor
Gregory Lavelle
Click for details
AI Summary
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Amends the Charter of the Town of Millville to revise the real estate tax limit from a fixed $250,000 to 3% of the total assessed value of all taxable real estate and improvements annually.
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Allows the Town of Millville to accommodate future growth and budgetary adjustments without requiring additional charter amendments.
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Maintains no limitation on the amount that may be raised from real estate taxation for payment of interest on and principal of bonded indebtedness.
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Applies the revised tax authority to paragraph (a)(30) of Section 31, Enumeration of Powers, in Chapter 278, Volume 72, Laws of Delaware.
Legislative Description
An Act To Amend Title 29 Of The Delaware Code Relating To The Disclosure Of Council Or Board Membership.
Last Action
Signed by Governor
7/12/2010