The paid family and medical leave bill expected to be considered by the General Assembly this year includes changes from the original proposal that the sponsor says reflect compromises with stakeholders. The Healthy Delaware Families Act, more commonly referred to as the paid leave bill, would create a statewide insurance program to provide up to 80% of wages for eligible …
State’s 2022 budget includes $1,000 bonus for employees, $500 for pensioners
With Delaware’s revenue surplus holding steady at $1.12 billion, state budget bills dropped into the General Assembly Friday include a one-time $1,000 bonus for state employees and $500 bonus for pensioners. State employee expenses will soar in Fiscal Year 2022, which starts July 1, according to the final expenditure and revenue estimates by members of the Delaware Economic and …
Bill to lower income tax fails in committee, but one to cut real estate tax passes
A bill to lower the state’s real estate transfer tax will go to the House of Representatives passed a committee Wednesday. Two Republican bills designed to take advantage of Delaware’s flush revenues found different fates Wednesday in the House Revenue and Finance Committee, with one failing to gain traction and the other earning unanimous support. The first was House Bill …
Bill to hike income tax for those earning more than $125,000 fails
Bottom line: Even though Kowalko got schooled by Geisenberger, the bill nearly passed
Legislators to propose tax hike for those making more than $125,000
Kowalko said the new brackets and tax rates were ‘carefully calculated to apply a minimal amount of tax increases and costs.’
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