Death & Taxes: Death to Delaware’s Estate Tax?

Bloomberg BNA | by Jerry Gianakis Delaware has become the latest state to try putting its estate tax on the chopping block. On May 18, the state’s House of Representatives passed H.B. 16, a bill that would repeal the tax effective Dec. 31, 2017. This measure looks to be in line with the increasing progression of states rescinding their estate taxes, as previously detailed by Bloomberg BNA’s Chreasea Dickerson. By the start of 2018, only 13 states and the District of Columbia will impose such a tax. However, for Delaware […]

Delaware Coalition for Open Government urges support for HB 57

Dover Post | Opinion | by Delaware Coalition for Open Government The Delaware Coalition for Open Government is urging members of the House Judiciary Committee to support House Bill 57, sponsored by Reps. John Kowalko and Kim Williams and Sen. Bruce Ennis, and to refer the bill to the full House of Representatives for their consideration when the bill comes before the Committee at 12:30 p.m. June 14 in the House Majority Hearing Room, Legislative Hall, Dover. If passed by the general assembly and signed into law by the governor, HB […]

First steps approved for a more ‘business friendly’ Coastal Zone Act in Delaware

Newsworks | by Zoë Read Legislation that aims to revamp the Coastal Zone Act and make way for the repurposing of abandoned industrial sites in an attempt to make Delaware more business-friendly has been cleared for a vote. The legislation, sponsored by State Rep. Ed Osienski, D-Newark, and State Sen. Bryan Townsend, D-Newark, was voted out of the General Assembly’s Natural Resources committee Wednesday. “I’m hoping this legislation puts the sign up that Delaware is open for good stewards of our environment who are willing to come to Delaware and […]

Delaware Coastal Zone bill voted out of House commitee

The News Journal | by Scott Gross A controversial proposal to amend Delaware’s landmark environmental protection law for the first time in its nearly 50-year history cleared a major hurdle Wednesday. The House Natural Resources Committee voted 9-1 to advance the measure following a two-and-a-half hour hearing. About 40 people testified during public comment even though the hearing started 90 minutes late. “I wasn’t really surprised,” state Rep. Ed Osienski, D-Newark, the bill’s chief sponsor in the House, said after the committee vote. “We had a good response from business representatives and labor […]

Delaware estate tax ‘last chance’ at economic fairness

Delaware State News | Opinion | by Timothy Barchak On May 18, the Delaware House of Representatives voted to end Delaware’s estate tax as of Dec. 31, 2017. The bill, HB 16, has been assigned to the Delaware Senate Finance Committee for review. It is likely to eventually be voted on by the full State Senate. The estate tax impacts only the wealthiest among us, the heirs to large estates. Nationally, about two estates out of 1,000 are impacted by the estate tax, and the heirs owe, on average, 17 percent […]

General Assembly deadlocked over a budget with time running out

The News Journal | by Matthew Albright Democrats and Republicans are deadlocked over how much to raise in tax increases and how much to cut with only a month left in this year’s session of the General Assembly. Fundamental disagreements over the budget threaten to clog a legislative agenda that still includes controversial bills ranging from reinstating the death penalty to legalizing marijuana to overhauling the historic Coastal Zone Act. When legislators return to work on Tuesday, they’ll have 13 legislative days left. “All these other issues are being held […]

Solutions floated to mitigate ‘cold realities’ of Delaware school budget cuts

Newsworks | by Cris Barrish Proms, finals and graduations are dominating the final days of the school year, but most eyes in Delaware’s academic circles are focused on Dover. One month from now state lawmakers will decide the fate of Gov. John Carney’s proposed $37 million in cuts to K-12 education. Right now, though, the state’s school community is in turmoil — a state of uncertainty and fear that may or may not be alleviated when the General Assembly fulfills its statutory obligation to pass a balanced budget by June […]

Letter: Increase LLC fees to avoid education cuts

Cape Gazette | Letter to the Editor | by Carolyn Quinn Currently every domestic and foreign limited liability company registered in Delaware pays an annual tax of $300 to do business here. On March 28, Rep. John Kowalko introduced House Bill 101 which would increase that tax to $325. On May 3, he added an amendment that would raise the increase to $350. HB 101 was scheduled for a hearing in the House Revenue & Finance Committee May 3, but Rep. Quinn Johnson’s motion to table the bill passed. When the […]

Coastal Zone update bill opposition

Delaware Public Media | by Jon Hurdle At the old Claymont Steel site in northern New Castle County, some 425 acres of land sits empty and derelict, dotted with piles of brick and the rusting remnants of the Evraz steelworks that operated there until it closed in December 2013. A portion of the site, crossed by Philadelphia Pike, lies within Delaware’s Coastal Zone, an area that has been designated off-limits to new industrial development since the eponymous Coastal Zone Act was passed by the state legislature in 1971 to protect […]

Delaware school boards could raise taxes without referendum under new bill

Delaware Public Media | by James Dawson A bill that would allow local school boards to raise property taxes for operating funds based on inflation is looking for sponsors in the General Assembly The draft proposal from Rep. Earl Jaques (D-Glasgow), who chairs the House Education Committee, is nearly a clone of a plan floated three years ago that never received a vote. Every two years, school board members could hike property taxes by up to three percent, or based on inflation, without getting taxpayer approval. Referendums for capital projects, […]