DE HB191 | 2021-2022 | 151st General Assembly
Status
Spectrum: Partisan Bill (Republican 8-0)
Status: Introduced on May 18 2021 - 25% progression, died in chamber
Action: 2021-06-16 - Amendment HA 1 to HB 191 - Introduced and Placed With Bill
Text: Latest bill text (Draft #1) [HTML]
Status: Introduced on May 18 2021 - 25% progression, died in chamber
Action: 2021-06-16 - Amendment HA 1 to HB 191 - Introduced and Placed With Bill
Text: Latest bill text (Draft #1) [HTML]
Summary
This Act's purpose is to spur economic growth in Delaware and create new jobs by giving a portion of the State's revenue surplus back to the taxpayers. Specifically, this Act cuts (i) all personal income tax brackets by 10%, (ii) the corporate tax rate from 8.7% to 6.1%, and (iii) the gross receipts tax by 50% each.
Title
An Act To Amend Title 30 Of The Delaware Code Relating To Lowering Certain Tax Rates.
Sponsors
| Rep. Richard Collins [R] | Sen. David Lawson [R] | Sen. Colin Bonini [R] | Sen. Bryant Richardson [R] |
| Sen. David Wilson [R] | Rep. Michael Ramone [R] | Rep. Jesse Vanderwende [R] | Rep. Lyndon Yearick [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2021-06-16 | Amendment HA 1 to HB 191 - Introduced and Placed With Bill | |
| 2021-05-18 | Introduced and Assigned to Revenue & Finance Committee in House |
