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DE HB109

DE HB109
An Act To Amend Title 9 Of The Delaware Code Relating To The Frequency Of Reassessment.


summary

Introduced
04/08/2025
In Committee
04/08/2025
Crossed Over
Passed
Dead

Introduced Session

153rd General Assembly

Bill Summary

An Act To Amend Title 9 Of The Delaware Code Relating To The Frequency Of Reassessment.

AI Summary

This bill amends Title 9 of the Delaware Code to change the frequency of property reassessment from every 5 years to every 10 years. Specifically, the legislation modifies the existing requirement for county assessment boards to reassess real property values, extending the reassessment period from 5 to 10 years. The start of each 10-year reassessment period will be calculated from the date the county board of assessment adopts a certification reflecting the completion of a general reassessment of all real property within that county. This change could potentially reduce the administrative burden and costs associated with more frequent property value reassessments, while still ensuring periodic updates to property valuations for tax purposes.

Committee Categories

Government Affairs

Sponsors (6)

Last Action

Introduced and Assigned to Elections & Government Affairs Committee in House (on 04/08/2025)

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