Loading chat...

DE SB186

Bill

Official Source

Status

Introduced

1/12/2010

Primary Sponsor

Teresa Schooley

Click for details

Origin

Senate

145th General Assembly

AI Summary

  • Amends Article IV, Section 404 of the Newark Municipal Charter to grant the city council authority to impose a tax on gross rental receipts from residential dwelling units.

  • Tax rate is capped at 5% of gross rental receipts earned on residential dwelling units within city limits.

  • Tax exemption applies to any rental receipts attributable to portions of buildings used for commercial purposes.

  • Requires a two-thirds majority vote of both houses of the Delaware General Assembly to enact.

Legislative Description

An Act To Amend The Charter Of The City Of Newark, 48 Del. Laws, Chapter 152, As Amended, Relating To The Power To Raise Revenue.

Last Action

Stricken

1/14/2010

Committee Referrals

Community/County Affairs1/12/2010

Full Bill Text

No bill text available