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Bill

Bill

HCR 150

ESTABLISHING A STATEWIDE PROPERTY ASSESSMENT WORKING GROUP TO PRODUCE RECOMMENDATIONS TO ESTABLISH STATE STANDARDS GOVERNING PROPERTY ASSESSMENT PRACTICES IN DELAWARE.

153rd General Assembly (2025-2026) Introduced by Darius Brown and 14 co-sponsors

Establishes a statewide Property Assessment Working Group to study and develop recommended statewide standards for property valuation and assessment practices in Delaware.

Passed By Senate. Votes: 21 YES
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Bill Summary · HCR 150

Overview

House Concurrent Resolution (HCR) 150, from the 153th Delaware General Assembly, proposes establishing a statewide Property Assessment Working Group. The primary aim is to develop recommendations for state standards governing property assessment practices in Delaware.

Purpose and intent

  • Create a collaborative body to study and recommend standardized practices for valuing and assessing real property across the state.
  • Align property assessment methodologies with best practices, ensuring consistency, fairness, and accuracy in assessments.
  • Provide a structured path for evaluating current assessment processes and proposing state-level standards that could influence local assessor activities.

Key provisions

  • Establishment of a statewide Property Assessment Working Group (the Working Group).
  • Mandate: The Working Group will examine current property assessment practices and develop recommended standards for statewide application.
  • Scope of work may include:
    • Methodologies for real property valuation (e.g., market value, assessment ratios, depreciation, and update cycles).
    • Data quality, transparency, and public accessibility.
    • Consistency Across jurisdictions (statewide standards for assessment administration, appeals, and documentation).
    • Coordination with local assessors and state agencies involved in property records and taxation.
  • Recommendations to be delivered to the legislature (and potentially to relevant state agencies) for consideration and potential statutory or administrative action.
  • Administrative and organizational provisions likely include:
    • Composition of the Working Group (which may include legislators, appraisers, assessors, stakeholders, and experts).
    • Appointment processes and terms for members.
    • Meeting frequency, reporting deadlines, and process for public input.
    • Resources or funding needs to support the Working Group’s activities.
  • The resolution designates the Working Group as a study body, with no immediate changes in law until recommendations are acted upon through future legislation or administrative rulemaking.

Who would be affected

  • State and local property tax assessors and appraisal professionals who apply assessment methodologies.
  • Property owners and taxpayers who are subject to property assessments and appeals, as changes could influence appraisal standards and tax equity.
  • State agencies involved in property records, taxation, and budget oversight.
  • Stakeholders in real estate, housing, and economic development who rely on consistent and transparent assessments.

Procedural and timeline aspects

  • Status: Introduced and assigned to the Administration Committee in the Delaware House (as of 2026-06-04).
  • Next steps typically include committee hearings, potential amendments, and votes in the House and Senate.
  • If the Working Group issues recommendations, the legislature may consider adopting formal statutory standards or directing state agencies to implement changes through regulation or executive action.
  • The resolution itself does not enact binding standards immediately; it initiates a study with a defined deliverable to inform future policy decisions.

Potential impact and implications

  • Positive potential for greater consistency and fairness in property assessments statewide.
  • Could lead to standardized data practices, improved transparency for taxpayers, and clearer guidelines for assessment cycles and appeals.
  • May require coordination across multiple jurisdictions and potential resource investment for the Working Group and participating agencies.
  • The impact would depend on the quality of the recommendations and subsequent legislative or administrative action to implement statewide standards.

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

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