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Bill > SB127


DE SB127

DE SB127
An Act To Amend The Charter Of The City Of New Castle Relating To Rents.


summary

Introduced
05/06/2025
In Committee
05/06/2025
Crossed Over
Passed
Dead

Introduced Session

153rd General Assembly

Bill Summary

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

AI Summary

This bill amends the Charter of the City of New Castle to grant the City Council the authority to impose and collect a rental tax of up to 5% on gross rents within the city's boundaries. The proposed tax has a specific exemption: it cannot be applied to rental properties that receive direct rental assistance funding from federal, state, or the City of New Castle sources. This means that low-income or subsidized housing units would be protected from this additional tax burden. The amendment is being added to Section 11 of the city charter, which outlines the municipal powers of New Castle, and represents a new revenue-generating mechanism for the city that aims to exclude vulnerable populations from the tax.

Committee Categories

Government Affairs

Sponsors (2)

Last Action

Laid On Table in Senate (on 05/15/2025)

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