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DE HB50

Bill

Official Source

Status

Passed

3/28/2013

Primary Sponsor

Valerie Longhurst

Click for details

Origin

House of Representatives

147th General Assembly

AI Summary

  • Increases the top marginal personal income tax rate from 5.95% to 6.6% for taxable income exceeding $60,000.
  • All other tax bracket rates remain unchanged: 2.2% ($2,000-$5,000), 3.9% ($5,000-$10,000), 4.8% ($10,000-$20,000), 5.2% ($20,000-$25,000), and 5.55% ($25,000-$60,000).
  • Effective for taxable years beginning after December 31, 2013.

Legislative Description

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

Last Action

Signed by Governor

3/28/2013

Committee Referrals

Finance3/26/2013
Revenue & Finance3/14/2013

Full Bill Text

No bill text available