HB 343

  • Delaware House Bill
  • 152nd General Assembly (2023-2024)
  • Introduced in House Mar 12, 2024
  • House
  • Senate
  • Governor

An Act To Amend Title 30 Of The Delaware Code Relating To Decreasing The State'S Realty Transfer Tax Rate Of Taxation.

Abstract

This Act reduces the State's rate of realty transfer tax by .25% per year for 4 years, for residential property conveyances having a property value less than $500,000, and for commercial property convenances having a property value less than $1,000,000, starting January 1, 2025. After January 1, 2028, the State's realty transfer tax rate will be the same rate as it was prior to August 1, 2017 for these conveyances.

Bill Sponsors (7)

Votes


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Actions


Jun 12, 2024

House

Motion to Release Failed

May 15, 2024

House

Amendment HA 1 to HB 343 - Introduced and Placed With Bill

Mar 20, 2024

House

Not Worked in Committee

Mar 12, 2024

House

Introduced and Assigned to Revenue & Finance Committee in House

  • Introduction
  • Referral-Committee
Revenue & Finance

Bill Text

Bill Text Versions Format
Bill Text PDF HTML

Related Documents

Document Format
Fiscal Note PDF

Sources

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