Delaware General Assembly

PWB 6/4/19

The General Assembly has ended, the current status is the final status.

HB 80 -HA 1, HA 2, HA 3, HA 4

6/4/19

Baumbach

This amendment places a limitation on subtractions for pensions and eligible retirement income for individuals between the ages of 60 and 64 based on their federal adjusted gross income by utilizing a means test. Individuals currently eligible for the pension and retirement income exclusion are exempt from the limitations. This amendment also increases the refundable Earned Income Tax Credit over the next 4 years to a maximum of 10% of the corresponding federal Earned Income Tax Credit.

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