An Act To Amend Title 30 Of The Delaware Code Relating To Corporate And Personal Income Tax.
Summary
HB255 is an act amending Title 30 of the Delaware Code, which governs state taxation, specifically corporate and personal income tax. Based on the bill caption and legislative history provided, the measure appears to make changes to Delaware’s tax code affecting both business entities and individual taxpayers, though the full bill text is not available in the source provided.
The bill moved through the General Assembly and received majority support in both chambers, passing House Third Reading by a vote of 26-13 and Senate Third Reading by a vote of 13-6. Those vote margins suggest the bill was approved, but with meaningful opposition rather than broad bipartisan consensus.
Impact
Because HB255 amends Title 30, it would alter Delaware’s statutory framework for corporate and personal income taxation. The practical effect would be on taxpayers subject to Delaware income tax, including individuals and businesses, and potentially on tax administration, liability calculations, deductions, credits, rates, or filing rules depending on the specific provisions of the bill.
Sentiment
The available voting history indicates generally favorable sentiment toward the bill, as it passed both the House and Senate. However, the relatively close margins in each chamber show that the proposal was not universally supported and likely drew concern from a substantial minority of legislators.
Contention
The main point of contention appears to be the bill’s tax policy impact, with opposition significant enough to produce 13 no votes in the House and 6 no votes in the Senate. Without committee transcripts or the full bill text, the specific disputed provisions cannot be identified, but the divided votes suggest disagreement over how the changes would affect taxpayers, revenue, or the fairness and scope of Delaware’s corporate and personal income tax system.