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DE SB196

Bill

Status

Introduced

6/23/2021

Primary Sponsor

Colin Bonini

Click for details

Origin

Senate

151st General Assembly

AI Summary

  • Establishes a tax rebate for resident individuals based on their 2020 tax year personal income tax payments.
  • Rebate amount capped at $500 or the individual's actual 2020 tax payment, whichever is less.
  • Eligible individuals must have made a 2020 personal income tax payment and incurred personal income tax liability for tax year 2021 after applicable credits.
  • Applies to individuals filing under statuses 1, 2, and 5 (single, joint, head of household) and provides per-individual rebates for statuses 3 and 4 (married filing separately or combined separate).
  • Appropriates $218,000,000 in fiscal year 2023 to the Department of Finance for implementation, effective July 1, 2022.

Legislative Description

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

Last Action

Introduced and Assigned to Executive Committee in Senate

6/23/2021

Committee Referrals

Executive6/23/2021

Full Bill Text

No bill text available