A bill that would remove the three-year residency requirement to qualify for the Disabled Veteran Tax credit drew concerns in the House Education Committee Wednesday. Some members wanted an income limit or means test included in the bill. After a motion to table the bill failed, House Bill 30 was eventually released to the House floor. If passed, First State …
Three bills that would raise real estate tax credits are on the docket for the Delaware House of Representatives Education Committee. With the state now projected to have a surplus of nearly $1 billion – the third year in a row for such extraordinary income – a Democrat and a Republic representative are moving to give older residents a bigger …
A bill to establish an “independent and nonpartisan” inspector general’s office moved forward Wednesday in a Delaware House committee. The House Administration Committee also moved along a bill to encourage filming in the state by offering tax credits. The committee started discussion to create a constitutional right of a clean environment, but, citing time, continued discussion to Thursday’s committee meeting, …
A bill that would have given a $280 tax credit to Delawareans with a 2022 income of $35,000 or less blew up Tuesday in the House Revenue and Finance Committee. Partly a victim of the end-of-the-year rush and partly a victim of not being written well, House Bill 393 will need to be reintroduced in January, when the 152nd session …
The committee responsible for drafting the state’s budget has voted to restore the senior property tax credit to its pre-2017 level. The credit was cut from $500 to $400 per year in 2017 in an effort to close a budget shortfall that year. Currently, the program allows homeowners ages 65 and over to claim a tax credit against regular school …
