HB 191 DE
AN ACT TO AMEND TITLE 30 OF THE DELAWARE CODE RELATING TO LOWERING CERTAIN TAX RATES.
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Summary
This Act's purpose is to spur economic growth in Delaware and create new jobs by giving a portion of the State's revenue surplus back to the taxpayers. Specifically, this Act cuts (i) all personal income tax brackets by 10%, (ii) the corporate tax rate from 8.7% to 6.1%, and (iii) the gross receipts tax by 50% each.
Sponsors (2)
- Richard G. Collins Republican · primary
- Dave G. Lawson Republican · primary
6 coauthors / cosponsors
- Colin Bonini · cosponsor
- Bryant L. Richardson Republican · cosponsor
- David L. Wilson Republican · cosponsor
- Michael Ramone · cosponsor
- Jesse R. Vanderwende Republican · cosponsor
- Lyndon D. Yearick Republican · cosponsor
Action history (2)
- May 18, 2021 Introduced and Assigned to Revenue & Finance Committee in House · lower
- Jun 16, 2021 Amendment HA 1 to HB 191 - Introduced and Placed With Bill · lower
Text versions (2)
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