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HB 286

BillStateDEHouse
AN ACT TO AMEND TITLE 30 OF THE DELAWARE CODE RELATING TO DECREASING THE STATE'S REALTY TRANSFER TAX RATE OF TAXATION.
About This Bill
Latest Action · Jun 11, 2026
Assigned to Appropriations Committee in House
Session
153
Introduced
Jan 29, 2026
Primary Sponsor
Lyndon D. Yearick· primary

Summary

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For conveyances having a property value of less than $350,000, the state will not assess a realty transfer tax. This Act also reduces the State's rate of realty transfer tax by 1/4% per year for 4 years, for residential property conveyances having a property value of $350,000 to $500,000.

Co-sponsors (3)

Franklin D. Cooke · primary
Michael F. Smith · primary
David L. Wilson · primary

Source

https://legis.delaware.gov/BillDetail?LegislationId=142846

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