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DE HB52

Bill

Official Source

Status

Passed

3/28/2013

Primary Sponsor

Valerie Longhurst

Click for details

Origin

House of Representatives

147th General Assembly

AI Summary

  • Removes the sunset provision from 77 Del. Laws, c. 78 that would have terminated corporation franchise tax provisions after 4 years
  • Maintains the maximum corporation franchise tax at $180,000
  • Keeps the assumed par value multiplier at $350
  • Maintains the minimum assumed par value tax at $350

Legislative Description

An Act To Amend Chapter 78, Volume 77 Of The Laws Of Delaware Relating To Corporation Franchise Taxes.

Last Action

Signed by Governor

3/28/2013

Committee Referrals

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

Full Bill Text

No bill text available