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DE SB78
Bill
Status
9/19/2024
Primary Sponsor
Elizabeth Lockman
Click for details
AI Summary
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Exempts real estate owned by Todmorden Foundation from school property taxes when the property is used for affordable housing purposes
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Amends Title 14, Section 1902 of the Delaware Code, which governs school district authority to levy property taxes
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Maintains existing exemptions for properties exempt under state law, county ordinances adopted before June 26, 1995 for attracting businesses, and county ordinances adopted before January 1, 1998 granting tax exemptions
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Includes technical corrections to conform existing statutory language to Delaware Legislative Drafting Manual standards
Legislative Description
An Act To Amend Title 14 Of The Delaware Code Relating To School Property Tax Exemptions.
Last Action
Signed by Governor
9/19/2024