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HB 172 DE
Introduced

AN ACT TO AMEND TITLE 30 OF THE DELAWARE CODE RELATING TO REALTY TRANSFER TAX REDUCTION.

DE · session 151 · Assembly / House · bill

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Introduced May 6, 2021

Latest action (May 6, 2021) Introduced and Assigned to Revenue & Finance Committee in House

Summary

This Act temporarily eliminates the state's portion of the realty transfer tax for certain real estate closings for first time home buyers with a purchase price of $250,000 or less. The bill applies to a natural person home buyer whose gross income is less than $45,000 or in the case of natural person joint purchasers whose combined gross income is less than $75,000.

Sponsors (3)
  • Lyndon D. Yearick Republican · primary
  • Ernesto B. Lopez · primary
  • Paul S. Baumbach · primary
7 coauthors / cosponsors

Action history (1)
  1. May 6, 2021 Introduced and Assigned to Revenue & Finance Committee in House · lower

Text versions (2)

The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.

  • Bill Text · HTML
  • Bill Text · PDF

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