HB 246 DE
AN ACT TO AMEND TITLE 14 OF THE DELAWARE CODE RELATING TO LIMITATION ON PUBLIC SCHOOLS' TAX RATE AFTER GENERAL REASSESSMENT.
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Summary
This Act removes the 10% increase in school property tax revenue and replaces it with a school district that can demonstrate that it will suffer a loss of projected revenue resulting from the general reassessment being allowed to increase its rate of taxation up to 2% per year for 5 years or until the district's projected revenue loss per year has been fully realized, whichever comes first.
Sponsors (5)
- Bryan W. Shupe Republican · primary
- Franklin D. Cooke Democratic · primary
- Dave G. Lawson Republican · primary
- Brian Pettyjohn Republican · primary
- David L. Wilson Republican · primary
Action history (2)
- Mar 25, 2026 Adopted in lieu of the original bill HB 246, and Assigned to Education Committee in House · lower
- Mar 25, 2026 Tabled in Committee · lower
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