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DE HB454
Bill
Status
6/12/2018
Primary Sponsor
Debra Heffernan
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AI Summary
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Eliminates the Voluntary School Assessment for one-bedroom units within multi-family structures in redevelopment plans
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Reduces the Voluntary School Assessment cap for redevelopment plans from 5 percent to 2.5 percent of the total residential unit cost
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Defines "redevelopment plan" as rehabilitation or replacement of existing buildings on previously developed land, excluding golf courses and recreational uses
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Applies the changes to residential developments recorded on or after January 1, 2017
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Maintains existing assessment calculation methodology for non-redevelopment residential projects
Legislative Description
An Act To Amend Title 14 Of The Delaware Code Relating To Voluntary School Assessments.
Last Action
Stricken in House
6/30/2018