Delaware General Assembly

House Appropriations 6/11/26

Committee Hearing takes place within twelve legislative days.

1/29/26

Yearick

Sen. Buckson

Rep. Michael Smith
Sen. Wilson

AN ACT TO AMEND TITLE 30 OF THE DELAWARE CODE RELATING TO DECREASING THE STATE'S REALTY TRANSFER TAX RATE OF TAXATION.

For conveyances having a property value of less than $350,000, the state will not assess a realty transfer tax. This Act also reduces the State's rate of realty transfer tax by 1/4% per year for 4 years, for residential property conveyances having a property value of $350,000 to $500,000.

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