House Bill 14

150th General Assembly (2019 - 2020)

Bill Progress

House Revenue & Finance 12/13/18
The General Assembly has ended, the current status is the final status.

Bill Details

12/13/18
Sen. Sokola
AN ACT TO AMEND TITLE 30 OF THE DELAWARE CODE RELATING TO PERSONAL INCOME TAX.
This Act creates the following new tax brackets: 1. At $125,000, with a rate of 7.10%. 2. At $250,000, with a rate of 7.85%. This Act also creates a tiered reduction of the otherwise available itemized deduction based on the individual's taxable income.
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Takes effect upon being signed into law
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Amendments

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