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DE SB215

Bill

Official Source

Status

Introduced

3/24/2016

Primary Sponsor

Gary Simpson

Click for details

Origin

Senate

148th General Assembly

AI Summary

  • Adds Milford Housing Development Corporation (MHDC) to Delaware's list of tax-exempt non-profit organizations under Title 9 of the Delaware Code.

  • MHDC joins other qualifying non-profits exempt from property taxes imposed by counties and other political subdivisions of the state.

  • Exemption applies only to real property owned and used by MHDC, excluding any property held by way of investment.

Legislative Description

An Act To Amend Title 9 Of The Delaware Code Relating To Property Taxes.

Last Action

Assigned to Community/County Affairs Committee in Senate

3/24/2016

Committee Referrals

Community/County Affairs3/24/2016

Full Bill Text

No bill text available