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DE HB483

Bill

Official Source

Status

Introduced

6/16/2022

Primary Sponsor

Stephen Smyk

Click for details

Origin

House of Representatives

151st General Assembly

AI Summary

  • Increases the annual transfer to the Delaware Farmland Preservation Fund from $10 million to $15 million
  • Transfer occurs on or before October 15 of each fiscal year from realty transfer tax receipts under Chapter 54 of Title 30
  • Adjustment accounts for inflation, as the funding amount has remained unchanged since 2005
  • Amends § 5426 of Title 30 of the Delaware Code

Legislative Description

An Act To Amend Title 30 Of The Delaware Code Relating To Realty Taxes And The Delaware Farmland Preservation Fund.

Last Action

Introduced and Assigned to Revenue & Finance Committee in House

6/16/2022

Committee Referrals

Revenue & Finance6/16/2022

Full Bill Text

No bill text available