Delaware will remain the state with the highest realty transfer tax in the nation after a bill to decrease the tax died in the General Assembly. Introduced by Rep. Bill Bush, D-Dover, House Bill 358 would have cut the tax from 4% of a property’s sale price to 3% — the level it was at prior to 2017 when the …
A bill to decrease Delaware’s realty transfer tax from 4% to 3% was released from the House Administration Committee Wednesday. Introduced by Rep. Bill Bush, D-Dover, House Bill 358 would make law of something Rep. Mike Ramone, R-Pike Creek South, has been preaching for years: reducing the cost of Delaware’s real estate transfer tax after it was increased during financially …
