Delaware General Assembly

Out of Committee 1/21/26

Reported from Committee; to list ready for consideration (Ready List)

1/20/26

Cruce

Rep. Romer

Sen. Hoffner, Huxtable, Lockman, Mantzavinos, Townsend, Walsh
Reps. Burns, Chukwuocha, Harris, Minor-Brown, Morrison, Snyder-Hall, K. Williams

AN ACT TO AMEND TITLES 9 AND 14 OF THE DELAWARE CODE RELATING TO COUNTY ASSESSMENTS AND TAX COLLECTION.

This Act provides the Office of Finance for New Castle County the authority to conduct a quality control review of a tax parcel’s new assessed value after a general reassessment when any of the following conditions exist: (1) A clerical, mathematical, or factual mistake occurred during the new general reassessment. (2) A non-residential tax parcel whose assessed value from the general reassessment is at least $300,000 but decreased from its previous assessed value. (3) A non-residential tax parcel’s assessed value from the new general reassessment is at least $300,000 and the percentage change in its newly assessed value from its assessed value prior to the new general reassessment is no greater than 50% of the median increase of non-residential properties in that county from the new general reassessment. (4) A non-residential tax parcel’s assessed value from the new general reassessment is at least 25% less than the actual sale price from the parcel’s most recent sale within the 5 years preceding the new general reassessment, whenever the actual sale price is determinable by public records. The quality control review grants the Office of Finance the power to make revisions and corrections to a tax parcel while adhering to the standards of §§ 8306(a), 8312, and 8321 of Title 9. The Act sets deadlines for the Office of Finance to make revisions, the assessment and levying of taxes, and the mailing of tax statements. This Act also amends Title 14 to provide a deadline date for all school boards in New Castle County to deliver their warrants and provides emergency funding if a school experiences a shortfall of funding. This Act expires on March 31, 2027, unless otherwise provided by a subsequent act of the General Assembly.

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