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DE HB389

DE HB389
An Act To Amend Title 14 Of The Delaware Code Relating To Limitation On Public Schools' Tax Rate After General Reassessment.


summary

Introduced
04/28/2022
In Committee
04/28/2022
Crossed Over
Passed
Dead
06/30/2022

Introduced Session

151st General Assembly

Bill Summary

This Act removes the up to 10% increase in school property taxes allowed after reassessment.

AI Summary

This bill removes the up to 10% increase in school property taxes allowed after a general reassessment of real estate in the county. The bill amends Title 14 of the Delaware Code to require school districts to calculate a new real estate tax rate that would realize no more than the previous year's revenue after a reassessment, rather than allowing a 10% increase. The bill also clarifies the tax rate calculation for school districts that traverse county boundary lines and have properties reassessed at different times.

Committee Categories

Education

Sponsors (8)

Last Action

Amendment HA 1 to HB 389 - Introduced and Placed With Bill (on 06/08/2022)

bill text


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