House Bill 120
150th General Assembly (2019 - 2020)
Bill Progress
House Revenue & Finance 4/11/19
The General Assembly has ended, the current status is the final status.
Bill Details
4/11/19
AN ACT TO AMEND TITLE 30 OF THE DELAWARE CODE TO CREATE A RENTAL TAX CREDIT FOR LOW-INCOME AND ELDERLY RENTERS.
This bill increases affordable housing and was created to financially assist renters struggling with low income and renters that are elderly, that are not receiving other subsidized housing benefits. If the portion of rent attributable to the assumed property taxes exceeds a fixed amount in relation to income, the renter can, under specified conditions, receive a credit of as much as $250.
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(Incomplete)
Takes effect upon being signed into law
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