Loading chat...

DE SB100

Bill

Official Source

Status

Introduced

5/13/2009

Primary Sponsor

John Kowalko

Click for details

Origin

Senate

145th General Assembly

AI Summary

  • Repeals Chapter 19 (Corporation Income Tax) of Title 19 of the Delaware Code in its entirety
  • Eliminates the corporate income tax that applies to companies physically located in Delaware
  • Intended to encourage businesses to operate in Delaware and generate job growth by reducing operating costs
  • Becomes effective on the second January 1st following enactment

Legislative Description

An Act To Amend Title 29 Of The Delaware Code Relating To The Delaware Lottery.

Last Action

Assigned to Finance Committee in Senate

5/13/2009

Committee Referrals

Finance5/13/2009

Full Bill Text

No bill text available