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DE SB100

Bill

Official Source

Status

Introduced

6/2/2011

Primary Sponsor

Daniel Short

Click for details

Origin

Senate

146th General Assembly

AI Summary

  • Repeals Chapter 19 of Delaware Code (Corporation Income Tax) in its entirety
  • Intended to encourage businesses to operate in Delaware and generate jobs by eliminating the corporate income tax on companies physically located in the state
  • Effective date is the second January 1st following enactment
  • Applies to companies that are physically located in Delaware

Legislative Description

An Act To Amend Title 19 By Repealing The Corporate Income Tax.

Last Action

Assigned to Finance Committee in Senate

6/2/2011

Committee Referrals

Finance6/2/2011

Full Bill Text

No bill text available