DE HB13 | 2025-2026 | 153rd General Assembly
Status
Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on January 23 2025 - 25% progression
Action: 2025-01-23 - Introduced and Assigned to Revenue & Finance Committee in House
Pending: House Revenue & Finance Committee
Text: Latest bill text (Draft #1) [HTML]
Status: Introduced on January 23 2025 - 25% progression
Action: 2025-01-23 - Introduced and Assigned to Revenue & Finance Committee in House
Pending: House Revenue & Finance Committee
Text: Latest bill text (Draft #1) [HTML]
Summary
This Act adjusts the existing tax brackets and the tax rate for each bracket, combining some existing brackets and creating 2 new brackets. The 2 new brackets are taxed at the highest rates, but by combining some existing brackets, this Act also slightly increases or decreases the tax rate for some incomes. Under current law, taxable income in excess of $60,000 is taxed at a rate of 6.6%. Under this Act, for taxable years beginning after December 31, 2025, income between $60,000 and $125,000 will continue to be taxed at a rate of 6.6%, but income above $125,000 will be taxed as follows:
Title
An Act To Amend Title 30 Of The Delaware Code Relating To Personal Income Tax.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2025-01-23 | Introduced and Assigned to Revenue & Finance Committee in House |