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HB 286·DE·house

AN ACT TO AMEND TITLE 30 OF THE DELAWARE CODE RELATING TO DECREASING THE STATE'S REALTY TRANSFER TAX RATE OF TAXATION.

Reported by CommitteeFiled Jan 29, 2026
Sponsor: Lyndon Yearick (R)
Latest Action

Appropriations

Jun 12, 2026

Summary

The legislation amends Title 30 of the Delaware Code to reduce the state's realty transfer tax rate. It would affect anyone buying or selling real property in Delaware by lowering the tax they must pay at closing. The change is intended to lessen transaction costs and potentially stimulate the housing market.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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