Posts Tagged ‘House Bill 255’
Governor Meyer Signs House Bill 255
Governor Matt Meyer has signed legislation, a bill the Delaware Senate has passed, that officials say would protect state revenues by “decoupling” Delaware’s tax code from two specific provisions of the federal Internal Revenue Code. House Bill 255 was introduced following the October meeting of the Delaware Economic and Financial Advisory Council (DEFAC), during which it…
Read MoreTwo Measures Advance to the Full DE State House during Extraordinary Session on November 13
The House Administration Committee has advanced two bills that will be heard by the full State House during the Extraordinary Session on Thursday, November 13th. One measure, House Bill 255, is to protect Delaware’s budget from a major shortfall. Officials from the House Majority Caucus say “Delaware is a rolling conformity state, meaning its tax…
Read MoreDemocrats Introduce Bill to Address Delaware’s Projected $400 Million Budget Shortfall
Democrat lawmakers have introduced legislation that would immediately address what they say is a projected $400 million budget shortfall caused by recent federal tax code changes under the One Big Beautiful Bill Act (OBBBA). Sponsored by Representative Kerri Evelyn Harris and Senator Bryan Townsend, House Bill 255 would separate Delaware’s tax code from certain parts…
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