DE HB120 | 2019-2020 | 150th General Assembly
Status
Spectrum: Moderate Partisan Bill (Democrat 9-2)
Status: Introduced on April 11 2019 - 25% progression, died in committee
Action: 2019-04-11 - Introduced and Assigned to Revenue & Finance Committee in House
Pending: House Revenue & Finance Committee
Text: Latest bill text (Draft #1) [HTML]
Status: Introduced on April 11 2019 - 25% progression, died in committee
Action: 2019-04-11 - Introduced and Assigned to Revenue & Finance Committee in House
Pending: House Revenue & Finance Committee
Text: Latest bill text (Draft #1) [HTML]
Summary
This bill increases affordable housing and was created to financially assist renters struggling with low income and renters that are elderly, that are not receiving other subsidized housing benefits. If the portion of rent attributable to the assumed property taxes exceeds a fixed amount in relation to income, the renter can, under specified conditions, receive a credit of as much as $250.
Title
An Act To Amend Title 30 Of The Delaware Code To Create A Rental Tax Credit For Low-income And Elderly Renters.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2019-04-11 | Introduced and Assigned to Revenue & Finance Committee in House |
