Bill > SB72

This bill amends Section 1109 of Title 30 of the Delaware Code relating to personal income tax. The key provisions are: 1. Residents can elect to deduct the sum of itemized deductions claimed on their federal income tax return, reduced by state and other state income taxes paid, and increased by the excess of the state employee automobile mileage reimbursement allowance over the federal charitable deduction rate, and the cost of self-employed health insurance premiums. 2. For tax years beginning on or after January 1, 2024, the bill allows resident individuals who are active members of a labor organization to deduct up to $500 for the annual cost of their membership, with some exceptions related to federal deductibility and use of the funds.

Budget and Finance

https://legis.delaware.gov/BillDetail?LegislationId=130138