Bill
Bill > HB42
DE HB42
DE HB42An Act To Amend Title 14 Of The Delaware Code Relating To Limitation On Public Schools'
summary
Introduced
01/05/2023
01/05/2023
In Committee
01/05/2023
01/05/2023
Crossed Over
Passed
Dead
06/30/2024
06/30/2024
Introduced Session
152nd 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 a county. The bill specifies that if a district experiences a projected revenue loss due to the reassessment, it can increase the tax rate by up to 10% to attempt to reach a revenue-neutral position. However, any subsequent increase in the tax rate must be approved by the qualified voters of the district.
Committee Categories
Education
Sponsors (5)
Last Action
Tabled in Committee (on 01/18/2023)
Taxonomy
Education
- ‐ Elementary and Secondary Education
Macroeconomics
- ‐ Taxation, Tax Policy, and Tax Reform
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://legis.delaware.gov/BillDetail?LegislationId=129910 | 01/05/2023 |
| BillText | https://legis.delaware.gov/json/BillDetail/GenerateHtmlDocument?legislationId=129910&legislationTypeId=1&docTypeId=2&legislationName=HB42 | 01/05/2023 |
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