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HB 109

AN ACT TO AMEND TITLE 9 OF THE DELAWARE CODE RELATING TO THE FREQUENCY OF REASSESSMENT.

153rd General Assembly (2025-2026) Introduced by Kevin Hensley and 5 co-sponsors

Delaware bill modifies property tax reassessment frequency, directly affecting how often homeowner and business property values are re-evaluated for taxation purposes.

Introduced and Assigned to Elections & Government Affairs Committee in House
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Bill Summary · HB 109

Legislative bill overview

HB 109 amends Delaware's property tax code (Title 9) to modify how frequently properties must be reassessed for tax purposes. The bill changes the reassessment schedule, though the specific frequency adjustment is not detailed in the available information. This affects how often property values are re-evaluated for taxation.

Why is this important

Property reassessment frequency directly impacts tax bills for homeowners and businesses. More frequent reassessments can lead to more volatile tax obligations that track market changes closely, while less frequent reassessments may create inequities where similar properties pay different taxes based on when they were last assessed. This is a foundational property tax administration issue affecting millions in state revenue and thousands of residents' budgets.

Potential points of contention

  • Tax burden equity: Changes in reassessment frequency could disadvantage property owners whose valuations haven't been updated, creating situations where neighbors pay significantly different taxes on similar properties
  • Municipal revenue predictability: Local governments relying on property tax revenue may face budget planning challenges if reassessment frequency shifts, potentially affecting school funding and services
  • Implementation costs: More frequent reassessments require additional government resources and staff; less frequent assessments may strain budgets when catch-up occurs

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

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