Plain English Breakdown
The official status shows this amendment was stricken in the House, meaning it did not become law despite passing earlier stages.
Amendment allowing flexible county property tax payment schedules
This amendment changes state law so that any of Delaware's three counties can choose to let people pay their real estate taxes in smaller amounts more often than once a year.
What This Bill Does
- Changes the rule for how counties collect real estate tax payments by allowing quarterly or more frequent schedules.
- Removes the previous restriction that stopped New Castle County from using this payment option.
Who It Names or Affects
- The receiver of taxes, county treasurer, or director of finance in any Delaware county
- Property owners who pay real estate taxes to these counties
Terms To Know
- Real estate tax
- A fee paid by property owners based on the value of their land or buildings.
- Quarterly basis
- Paying money four times a year instead of all at once.
Limits and Unknowns
- The law does not force counties to use this option; it only allows them to do so.
- Sections 1 through 3 of the Act expire three years after enactment, but other parts may remain in effect longer.
- The text does not state if any county has already chosen to start using these payment schedules.