Bill Text: DE HB478 | 2017-2018 | 149th General Assembly | Draft

Delaware House Bill 478 (Prior Session Legislation)

Draft

Bill Title: An Act To Amend Volume 81, Chapter 58, Section 97 Of The Laws Of Delaware Relating To The Senior Real Property Tax Credit.

Spectrum: Partisan Bill (Republican 2-0)

Status: (Introduced - Dead) 2018-06-21 - Introduced and Assigned to Administration Committee in House [HB478 Detail]

Download: Delaware-2017-HB478-Draft.html

SPONSOR:

Rep. Hensley & Sen. Pettyjohn

HOUSE OF REPRESENTATIVES

149th GENERAL ASSEMBLY

HOUSE BILL NO. 478

AN ACT TO AMEND VOLUME 81, CHAPTER 58, SECTION 97 OF THE LAWS OF DELAWARE RELATING TO THE SENIOR REAL PROPERTY TAX CREDIT.

BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF DELAWARE:

Section 1. Amend Volume 81, Chapter 58, Section 97 of the Laws of Delaware by making deletions as shown by strikethrough and insertions as shown by underline as follows:

Section 97. Notwithstanding the provisions of 29 Del C. § 6102, for Fiscal Year 2018 and every year thereafter , the maximum allowable credit shall be the lesser of 50% of the tax remaining after taking account any exemption pursuant to Title 9 and Title 22, or $400 $500 , until such time as a means test program may be implemented .