The House Education Committee will hear three bills pertaining to tax cuts in its first meeting of the 152nd General Assembly.

3 property tax bills up for hearing Wednesday

Jarek RutzHeadlines, Education

Three bills that would raise real estate tax credits are on the docket for the Delaware House of Representatives Education Committee. With the state now projected to have a surplus of nearly $1 billion – the third year in a row for such extraordinary income – a Democrat and a Republic representative are moving to give older residents a bigger …

Tax Credit

Committee votes to raise senior property tax credit

Charlie MegginsonGovernment, Headlines

The committee responsible for drafting the state’s budget has voted to restore the senior property tax credit to its pre-2017 level. The credit was cut from $500 to $400 per year in 2017 in an effort to close a budget shortfall that year. Currently, the program allows homeowners ages 65 and over to claim a tax credit against regular school …