Loading chat...

DE HB15

Bill

Official Source

Status

Introduced

12/13/2018

Primary Sponsor

John Kowalko

Click for details

Origin

House of Representatives

150th General Assembly

AI Summary

  • Amends Delaware personal income tax brackets for taxable years beginning after December 31, 2019
  • Creates new tax bracket of 7.10% on taxable income in excess of $125,000 but not exceeding $250,000
  • Creates new tax bracket of 7.85% on taxable income in excess of $250,000
  • Maintains existing tax brackets and rates for income up to $60,000
  • Previous tax structure capped at 6.6% for all income over $60,000

Legislative Description

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

Last Action

Reported Out of Committee (Revenue & Finance) in House with 1 Favorable, 5 On Its Merits

4/10/2019

Committee Referrals

Revenue & Finance12/13/2018

Full Bill Text

No bill text available