An Act To Amend Title 30 Of The Delaware Code Relating To Lowering Certain Tax Rates.

HB 191 An Act To Amend Title 30 Of The Delaware Code Relating To Lowering Certain Tax Rates

Delaware 151st General Assembly

An Act To Amend Title 30 Of The Delaware Code Relating To Lowering Certain Tax Rates.
HB-191


About HB-191

This Act's purpose is to spur economic growth in Delaware and create new jobs by giving a portion of the State's revenue surplus back to the taxpayers. Specifically, this Act cuts (i) all personal income tax brackets by 10%, (ii) the corporate tax rate from 8.7% to 6.1%, and (iii) the gross receipts tax by 50% each.

  

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History

Amendment Ha 1 To Hb 191 - Introduced And Placed With Bill

06/16/2021

Introduced And Assigned To Revenue & Finance Committee In House

05/18/2021