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DE HB37

Bill

Official Source

Status

Introduced

1/10/2019

Primary Sponsor

Michael Ramone

Click for details

Origin

House of Representatives

150th General Assembly

AI Summary

  • Increases the maximum allowable senior real property tax credit from $400 to $500 effective Fiscal Year 2019 and every year thereafter
  • The credit remains the lesser of 50% of the tax remaining after exemptions under Title 9 and Title 22, or the new $500 maximum
  • Applies to eligible seniors claiming the credit under 29 Del. C. § 6102
  • Restores a previous $500 credit amount that had been reduced to $400

Legislative Description

An Act To Amend Volume 81, Chapter 58, Section 97 Of The Laws Of Delaware Relating To The Senior Real Property Tax Credit.

Last Action

Amendment HA 1 to HB 37 - Introduced and Placed With Bill

1/22/2020

Committee Referrals

Administration1/10/2019

Full Bill Text

No bill text available