Plain English Breakdown
The exact date and details about updating Title 9 are not provided in the official summary.
Delaware Property Tax Data Act
This act changes how New Castle County reports property tax data by requiring quarterly submissions and using more precise language.
What This Bill Does
- Requires New Castle County to submit property tax reports every three months.
- Uses the term 'consideration' instead of 'purchased value' for property transactions.
Who It Names or Affects
- New Castle County
Terms To Know
- consideration
- The value given for a property when it is bought or sold.
- quarterly
- Every three months.
Limits and Unknowns
- Only New Castle County must follow these new rules.
- Other counties in Delaware are not affected by this change.