HB 416·DE·house
AN TO AMEND TITLE 30 OF THE DELAWARE CODE RELATING TO THE REALTY TRANSFER TAX.
Reported by CommitteeFiled May 12, 2026
Sponsor: Kim Williams (D)
Latest Action
Appropriations
Jun 12, 2026
Summary
The bill reduces the percentage of the realty transfer tax that must be paid on property transactions. It cuts the standard rate from 2.75% to 2.25% and the rate in jurisdictions with a local 1.5% tax from 2.5% to 2.25%, effective January 1, 2027. The change applies to anyone who files a deed or other transfer document for recording.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
Topics
Track this bill
Get an email when HB 416 moves: committee action, floor votes, amendments and hearings. Free, no card.
Track HB 416 freeOr ask your AI assistant about HB 416 directly:
Add to Claude, ChatGPT or Cursor