Realty transfer tax

Delaware’s realty transfer tax to remain highest in nation

Charles MegginsonHeadlines, Government

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 small clock tower in front of a building

Weed, taxes, police reform likely to dominate end of GA session

Charles MegginsonGovernment, Headlines

With the year-long campaign to pass paid family and medical leave in the rearview mirror, the General Assembly returns to work Tuesday with two months left to focus on the rest of its progressive agenda. When the House of Representatives and Senate reconvene, they will be kicking off a two-month stretch to the end of the 151st General Assembly on …

Relief 1

State Representative calls $300 relief check a bribe

Charles MegginsonGovernment, Headlines

The bipartisan proposal to give every adult Delawarean $300 in direct relief was formalized Friday after lawmakers filed the bill, which they dubbed the 2022 Delaware Relief Rebate Program.  House Bill 360 will result in the issuance of a one-time payment to every Delaware resident taxpayer who filed personal income tax returns for tax year 2020, and adult residents who …

Tax Relief 1

Senate passes tax relief for retired military, first responders

Charles MegginsonGovernment, Headlines

The State Senate on Tuesday unanimously approved two bills to provide tax relief for retired service members and first responders living in Delaware. If made law, Senate Substitute 1 for Senate Bill 188 will exclude up to $12,500 worth of military pension income from state tax calculations for all retired service members, regardless of age, starting in 2023.  “Our nation’s …