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DE SB330
Bill
Status
6/23/2022
Primary Sponsor
Darius Brown
Click for details
AI Summary
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Exempts all property owned by the Riverfront Development Corporation of Delaware from taxation and assessments by any county, municipality, or other political subdivision of the state
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The Riverfront Development Corporation is a state-created entity responsible for planning and development along the Brandywine and Christina Rivers
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Aims to reduce financial burdens on the Corporation to enhance its ability to attract investors and tenants to the riverfront area
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Sponsored by Sen. Brown, Rep. Bolden, and Rep. K. Johnson in the 151st General Assembly
Legislative Description
An Act To Amend Title 29 Of The Delaware Code Relating To Exemption From Taxation Of Property Owned By Riverfront Development Corporation Of Delaware.
Last Action
Assigned to Administration Committee in House
6/23/2022