House Bill 107
149th General Assembly (2017 - 2018)
Bill Progress
Out of Committee 6/22/17
The General Assembly has ended, the current status is the final status.
Bill Details
3/29/17
AN ACT TO AMEND TITLE 30 OF THE DELAWARE CODE RELATING TO PERSONAL INCOME TAX.
This bill creates two new tax brackets at $125,000 with a rate of 7.10%, and $250,000 with a rate of 7.85%. Also, the bill provides a tiered reduction of the otherwise available itemized deduction based upon the individual's taxable income.
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Takes effect upon being signed into law
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