Paul Baumbach
- Democratic
- Representative
- District 23
Section 1 of this Act increases the standard deduction for personal income tax purposes of resident individuals and spouses of this State for tax years beginning after December 31, 2023. Section 3 of this Act increases the monetary filing thresholds resulting from the increases the standard deduction under Section 1. Sections 2 and 4 of this Act increase the refundable earned income tax credit to 7.5% of the corresponding federal earned income tax credit for tax years beginning on or after January 1, 2023, and clarify that a previously enacted refundable earned income tax credit of 4.5% of the corresponding federal earned income tax credit took effect for tax years beginning on or after January 1, 2021.
Amendment SA 2 to HB 89 - Introduced and Placed With Bill
Amendment SA 1 to HB 89 - Introduced and Placed With Bill
Passed By House. Votes: 39 YES 2 ABSENT
Reported Out of Committee (Appropriations) in House with 4 Favorable
Reported Out of Committee (Revenue & Finance) in House with 2 Favorable, 6 On Its Merits
Introduced and Assigned to Revenue & Finance Committee in House
Bill Text Versions | Format |
---|---|
Bill Text | PDF HTML |
Document | Format |
---|---|
Fiscal Note |
Data on Open States is updated periodically throughout the day from the official website of the Delaware General Assembly.
If you notice any inconsistencies with these official sources, feel free to file an issue.