Delaware General Assembly

Passed 6/23/21

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

HB 214 w/ HA 1

6/17/21

Carson

This amendment does the following: 1. Makes technical corrections. 2. Lowers the reserve amount for the Disabled Veterans Property Tax Relief and Education Expense Fund to $1 million. 3. Establishes that where an individual qualifies for both the Disabled Veterans and the Senior Property Tax Credit, they shall receive only the Disabled Veterans Credit – which entitles them to 100% tax relief on their school tax obligation and prevents the possibility of being credited an amount greater than the tax liability. 4. Provides an allocation of funds for administrative expenses of the counties and the Department of Finance. 5. Clarifies that a school board may choose to adopt the 100% credit set forth in the bill, but not a portion thereof. 6. Clarifies that the Act takes effect immediately, but a qualified person will not be eligible for the credit until after the Secretary of Finance and county officials implement the credit after a vote of a local school board. 7. Adds the requirement that a qualified person must be domiciled in Delaware for at least 3 years before becoming eligible for the Disabled Veterans Credit and requires that if a person ceases to qualify they must notify the county treasurer or receiver of taxes.

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