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DE SB127

Bill

Official Source

Status

Introduced

5/6/2025

Primary Sponsor

Nicole Poore

Click for details

Origin

Senate

153rd General Assembly

AI Summary

  • Amends the City of New Castle Charter to authorize the City Council to impose and collect a tax on gross rents within city boundaries

  • Sets the maximum allowable rent tax rate at 5% of gross rents

  • Exempts rental properties that receive direct subsidies through federal, state, or City of New Castle rental assistance funding from the tax

  • Requires two-thirds approval from all elected members of each house of the General Assembly to pass

Legislative Description

An Act To Amend The Charter Of The City Of New Castle Relating To Rents.

Last Action

Laid On Table in Senate

5/15/2025

Committee Referrals

Elections & Government Affairs5/6/2025

Full Bill Text

No bill text available