HB 457 DE
AN ACT TO AMEND TITLE 17 OF THE DELAWARE CODE RELATING TO ACQUISITION AND SALE OF REAL PROPERTY.
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Summary
Delaware House Bill 457 amends state law governing the acquisition and sale of real property. The bill increases the threshold requiring a qualified independent appraisal from $10,000 to $25,000, bringing it into alignment with the maximum threshold permitted by the Federal Highway Administration. This higher threshold allows the Delaware Department of Transportation (DELDOT) to process smaller property transactions more efficiently as property values rise.
AI-generated plain-language summary of the bill (from the OpenStates abstract — no full text available yet) — neutral, and may be imperfect.
Official abstract
This Act amends section 137 of Title 17 of the Delaware Code to increase the requirement for a qualified independent appraisal from $10,000.00 to $25,000.00, to align with the current maximum threshold permitted by the Federal Highway Administration. This will allow DELDOT to more quickly complete smaller dispositions as property values continue to increase. This House Substitute corrects an error in the synopsis of the original bill.
Sponsors (7)
- Kamela T Smith Democratic · primary
- Josue O Ortega Democratic · primary
- Eric Morrison Democratic · primary
- Kerri Evelyn Harris Democratic · primary
- Claire Snyder-Hall Democratic · primary
- Marie Pinkney Democratic · primary
- David L. Wilson Republican · primary
Action history (7)
- Jun 16, 2026 Adopted in lieu of the original bill HB 457, and Assigned to Transportation Committee in House · lower
- Jun 17, 2026 Reported Out of Committee (Transportation) in House with 6 On Its Merits · lower
- Jun 18, 2026 Passed By House. Votes: 41 YES · lower
- Jun 18, 2026 Assigned to Housing & Land Use Committee in Senate · upper
- Jun 24, 2026 Reported Out of Committee (Housing & Land Use) in Senate with 5 On Its Merits · upper
- Jun 30, 2026 Passed By Senate. Votes: 21 YES · upper
- Jul 23, 2026 Signed by Governor · executive
Full text
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