Delaware House Approves Property Assessment Bill
Dover News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Delaware lawmakers have approved amendments to Senate Bill two thirty, aiming to address uneven property assessments across the state. The bill allows county officials to subpoena businesses for financial details on property income, aiding in accurate market value determination. The House amendment, proposed by Representative Frank Burns, outlines challenge and exception processes for businesses, sets a two-year sunset, limits application to nonresidential properties, and keeps records confidential. The amended bill passed the House with no opposition, now awaiting Senate approval for final passage. This move could facilitate fairer valuations during upcoming county reassessments in 2029 and 2030.
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