Bill > HB159

This bill amends Delaware's school property tax law to provide counties with the authority to adjust property tax exemptions for seniors and individuals with disabilities following a county-wide property reassessment. Specifically, the bill modifies Section 1902 of Title 14 of the Delaware Code by adding language that requires counties to update exemption amounts originally established in county ordinances before January 1, 1998, when a comprehensive county-wide property reassessment occurs under Section 8306(b) of Title 9. The purpose of this amendment is to protect vulnerable populations, such as seniors and people with disabilities, from potentially significant increases in school property taxes that could result from changes in property valuation during a reassessment. By mandating that counties modify existing tax exemptions, the bill aims to ensure that these groups are not disproportionately burdened by increases in property tax rates that might emerge from updated property valuations.

Education

https://legis.delaware.gov/BillDetail?LegislationId=142262