DE HB273

Changes revenue forecast submission deadlines from September 25, December 25, March 25, April 25, and May 25 to October 25, December 25, March 25, May 25, and June 20 to better account for revenue payment timing.

Updates bond sale notice requirements to allow publication on the Department of Finance website with 7 days' notice instead of requiring newspaper publication.

Eliminates requirement that the Secretary of Finance be bonded, as state self-insurance coverage under § 6543 of Title 18 provides sufficient protection.

Simplifies private activity bond cap administration by requiring counties and the City of Wilmington to request their guaranteed cap amounts as needed, with unused portions automatically reverting to the state each year starting in 2020.

Expands Division of Revenue authority to share tax return information with additional agencies including the Division of Medicaid and Medical Assistance and Enhanced 911 Emergency Service Board, and authorizes county tax information sharing for realty transfer, mobile home, and lodging tax administration.