HB 462: AN ACT TO AMEND TITLE 14 OF THE DELAWARE CODE RELATING TO SCHOOL TAXES.
HB 462 status: To Governor — Enact w/o Sign by Governor (updated Aug 5, 2026).
What this bill does
Overall score
Bill summary
OfficialIn 2025, the General Assembly passed House Bill No. 242 (now found at Chapter 135, Volume 85 of the Laws of Delaware), allowing school districts located entirely in New Castle County to use different tax rates for residential and non-residential properties. This Act amends the Delaware Code to continue the authority fo...
Key analysis
Impact analysis
Environment
Benefits
- No direct environmental impact identified
Risks
- No direct environmental impact identified
Economy
Benefits
- Provides school districts with flexible revenue management tools
- Sets a clear maximum ratio to prevent excessive tax disparities
Risks
- Non-residential property owners may face tax increases up to 1.85x the residential rate
- Administrative adjustments required for district tax calculations
Society
Benefits
- Allows for potentially more equitable distribution of school tax burdens
- Cleans up outdated legislative code and defunct district references
Risks
- Potential shift in property tax costs between residential and business sectors
How trustworthy & consequential it is
Source
OpenStates
Confidence
lowlow
Analysis status
OpenStates summary
Non-residential property owners may experience tax increases based on new district authority
Analysis based on bill summary; full text was not reviewed
Where it stands
Introduced
CompleteCommittee
CompleteFloor
CompleteGovernor
CurrentEnact w/o Sign by Governor
Enacted
UpcomingHow it affects your district
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