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DE SB129

Bill

Official Source

Status

Introduced

5/31/2019

Primary Sponsor

Gerald Hocker

Click for details

Origin

Senate

150th General Assembly

AI Summary

  • Amends § 8106 of Title 9 of the Delaware Code to expand the list of organizations exempt from property taxation and assessment by counties and political subdivisions
  • Adds 15 nonprofit corporations to the existing exemption list, including Atlantic Community Thrift Shop, Inc., Blades Economic Development Corporation, Historic Georgetown Association, Inc., and Immanuel Shelter, Inc.
  • Exemption applies only to real property owned and used by the listed organizations, excluding property held for investment purposes
  • Maintains existing exemption for any land bank formed under Chapter 47 of Title 31

Legislative Description

An Act To Amend Title 9 Of The Delaware Code Relating To Limitations On Taxing Power.

Last Action

Stricken in Senate

6/30/2019

Committee Referrals

Elections, Government & Community Affairs5/31/2019

Full Bill Text

No bill text available