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SB 351

AN ACT TO AMEND TITLE 30 OF THE DELAWARE CODE RELATING TO PERSONAL INCOME TAX SUBTRACTIONS

153rd General Assembly (2025-2026) Introduced by Bryant Richardson and 1 co-sponsor

SB 351 would change Delaware personal income tax subtractions by modifying eligibility and amounts, affecting which income qualifies for deductions.

Introduced and Assigned to Executive Committee in Senate
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WeVote Research Nonpartisan
Bill Summary · SB 351

Overview

SB 351, introduced in the 153th Delaware General Assembly, proposes amendments to Title 30 of the Delaware Code governing personal income tax subtractions. The bill has been assigned to the Executive Committee in the Senate and has two co-sponsors: Bryan Shupe and Bryant Richardson.

Purpose and Intent

  • The bill aims to modify, clarify, or expand certain personal income tax subtraction provisions under Delaware law. The exact policy goals depend on the text of the amendments to Title 30, but typical objectives for such bills include adding new subtraction sources, adjusting eligibility, increasing or indexing limits, or aligning with economic or fiscal policy goals.

Key Provisions and Changes (Proposed)

  • Subtraction Eligibility: The bill would alter which types of income, gains, or deductions qualify for subtraction from federal-adjusted gross income or Delaware taxable income. This could include changes to thresholds, phase-ins/phase-outs, or definitions related to specific categories of income (e.g., retirement income, education-related benefits, business income, or investment earnings).
  • Subtraction Amounts or Limits: The measure may modify the dollar amounts that can be subtracted, adjust for inflation, or create new caps or floor requirements.
  • Timing and Compliance: It could establish effective dates (e.g., for tax year 2026 or a future year) and specify administrative or filing requirements to claim the subtraction, including documentation or certification standards.
  • Interaction with Other Provisions: The bill might clarify how the subtraction interacts with other Delaware tax credits, deductions, or exemptions, and whether it affects other state or local tax calculations.

Note: The exact substantive provisions would be stated explicitly in the bill text. The summary above reflects typical categories that such a bill would address and should be confirmed by reviewing the bill’s language.

Who Would Be Affected

  • Individual taxpayers who itemize or claim specific subtractions on their Delaware personal income tax returns.
  • Taxpayers with income categories targeted by the subtraction (e.g., retirees, savers, or business/investment earners) depending on the final text.
  • Tax preparation professionals and state tax administrators responsible for implementing and auditing the subtraction.

Procedural and Timeline Aspects

  • Introduction and Assignment: SB 351 was introduced on 2026-06-23 and assigned to the Senate Executive Committee.
  • Next Steps: The bill would proceed through committee consideration, potential amendments, and floor votes in the Senate, then potentially move to the House of Representatives for its own committee and floor actions. If passed, it would require signature by the Governor to become law, with an effective date to be specified in the bill.

Possible Implications

  • Fiscal Impact: Depending on the subtraction changes, Delaware state revenue could be affected. The bill may include cost estimates or anticipated fiscal notes.
  • Taxpayer Planning: If enacted, taxpayers may need to adjust planning for future tax years to maximize eligible subtractions.
  • Administrative Burden: Delaware Department of Revenue may need to update forms, instructions, and systems to implement new or revised subtraction rules.

Note

For a precise understanding of SB 351’s impact, the exact statutory language in Title 30 of the Delaware Code as amended by the bill should be reviewed, including the definitions, eligibility criteria, subtraction amounts, and effective dates.

Compiled from official sources — confirm details with the bill’s official record.

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