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DE HB116
Bill
Status
5/30/2017
Primary Sponsor
William Carson
Click for details
AI Summary
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Amends the City of Dover Charter to explicitly include special ad valorem taxes, special taxes, and ad valorem taxes levied under Delaware's Municipal Tax Increment Financing Act (Chapter 17) and Municipal Special Development District Financing Act (Chapter 18) in the council's levy and collection authority
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Extends the existing tax payment and collection procedures in Section 49 of the charter to apply to all taxes levied for tax increment financing and development district financing purposes
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Exempts indebtedness and taxes associated with municipal tax increment financing and development districts from the city's debt limits and tax levy restrictions under Section 50 of the charter
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Requires two-thirds approval from all elected members of both legislative houses for passage
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Sponsored by Rep. Carson, Sen. Bushweller, and Sen. Ennis, with additional support from Reps. Bennett, Outten, Spiegelman, Yearick, and Sen. Lawson
Legislative Description
An Act To Amend The Charter Of The City Of Dover To Provide For Certain Matters Relating To Levy And Collection Of Special Ad Valorem Taxes, Special Taxes, And Ad Valorem Taxes In Connection With A Municipal Tax Increment Financing And A Municipal Development Districts Financing.
Last Action
Signed by Governor
5/30/2017