DE HB253 | 2015-2016 | 148th General Assembly
Status
Spectrum: Slight Partisan Bill (Democrat 15-9)
Status: Introduced on January 20 2016 - 25% progression, died in chamber
Action: 2016-06-16 - Reported Out of Committee (APPROPRIATIONS) in House with 4 On Its Merits
Text: Latest bill text (Draft #1) [HTML]
Status: Introduced on January 20 2016 - 25% progression, died in chamber
Action: 2016-06-16 - Reported Out of Committee (APPROPRIATIONS) in House with 4 On Its Merits
Text: Latest bill text (Draft #1) [HTML]
Summary
This bill changes the earned income tax credit from nonrefundable to refundable and capable of exceeding the tax amount otherwise due. The credit is reduced from 20% of the corresponding federal earned income credit to 6% for 2017. That percentage increases 1% each year until it reaches 15% in 2026.
Title
An Act To Amend Title 30 Of The Delaware Code Relating To Earned Income Tax Credit.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2016-06-16 | House | Reported Out of Committee (APPROPRIATIONS) in House with 4 On Its Merits |
| 2016-04-12 | House | Assigned to Appropriations Committee in House |
| 2016-04-12 | House | Amendment HA 1 - Introduced and Placed With Bill |
| 2016-01-27 | House | Reported Out of Committee (REVENUE & FINANCE) in House with 6 Favorable, 3 On Its Merits |
| 2016-01-20 | House | Assigned to Revenue & Finance Committee in House |
