Bill > HB240

This bill amends Delaware state law to establish a clear and consistent policy for refunding property tax overpayments resulting from assessment appeals. Specifically, the bill requires counties to provide a full refund to property owners if their assessment appeal results in a tax overpayment of $50 or more in the tax year the appeal was filed. For overpayments less than $50, counties have the discretion to either issue a cash refund or apply the overpaid amount as a credit toward future tax obligations. The bill applies this policy to both county property taxes and local school taxes, ensuring uniformity in how tax refunds are handled after successful assessment appeals. The legislation also maintains existing procedural requirements for requesting tax refunds, such as filing a written request with the appropriate government entity and keeping records of all refunds for at least three years. By codifying these provisions, the bill aims to provide clarity and fairness in the process of correcting property tax assessments and refunding taxpayers when they have been overcharged.

Government Affairs

https://legis.delaware.gov/BillDetail?LegislationId=142679