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DE HB344

Bill

Official Source

Status

Introduced

5/10/2012

Primary Sponsor

William Carson

Click for details

Origin

House of Representatives

146th General Assembly

AI Summary

  • Amends Delaware Code Title 30 by adding a new exemption to Section 1110 for personal income tax purposes
  • Exempts income and capital gains from the sale or granting of agricultural land preservation easements under Chapter 9, Title 3 of Delaware Code
  • Exempts income and capital gains from easements granted through county, state, or federal programs that preserve land for agricultural purposes
  • Exemption applies to tax years beginning after December 31, 2011
  • Applies only to Delaware residents receiving such income or capital gains

Legislative Description

An Act To Amend Title 30 Of The Delaware Code Relating To Personal Income Tax.

Last Action

Amendment HA 1 - Introduced and Placed With Bill

6/21/2012

Committee Referrals

Revenue & Finance5/10/2012

Full Bill Text

No bill text available