DE HB13

Restructures Delaware's personal income tax brackets effective for taxable years beginning after December 31, 2025, consolidating some existing brackets and creating two new higher-income brackets

Creates a new tax bracket of 6.75% for taxable income between $125,000 and $250,000

Creates a new top tax bracket of 6.95% for taxable income exceeding $250,000

Maintains the 6.6% rate for income between $60,000 and $125,000, which was previously the top rate for all income above $60,000

Simplifies lower brackets by combining the $10,000-$20,000 and $20,000-$25,000 brackets into a single 4.0% bracket for income between $5,000 and $20,000