Delaware HB245: Reassessment/Remove 10% Increase/Taxes

What the bill says

An act to amend title 14 of the delaware code relating to limitation on public schools' tax rate after general reassessment.

From the introduced text, August 7, 2025:

AN ACT TO AMEND TITLE 14 OF THE DELAWARE CODE RELATING TO LIMITATION ON PUBLIC SCHOOLS' TAX RATE AFTER GENERAL REASSESSMENT. Section 1. Amend § 1916, Title 14 of the Delaware Code by making deletions as shown by strike through and insertions as shown by underline as tax rate after general reassessment. (b) Whenever the qualified voters of a reorganized school district have approved a specific rate of taxation or specified amount of taxation under § 1903 of this title and a subsequent general reassessment of all real estate in the county changes the total assessed valuation of the school district, the local board of education of each such local school district shall calculate a new real estate tax rate which, at its maximum, would realize no more than 10% which realizes no increase in actual revenue over the revenue derived by real estate tax levied in the fiscal year immediately preceding such reassessed real estate valuation . However, if a district realizes a projected revenue loss that is from the amount raised the previous year and is due to the general reassessment, the district may increase the rate of taxation by no more than 10% to attempt to reach an overall revenue neutral position . In the event the qualified voters of a reorganized school district approve a specific …

Read the full official text

Sponsors

• Michael Smith (R, 22) · primary sponsor
• Kevin Hensley (R, 9)
• Eric Buckson (R, 16)
• Jeff Hilovsky (R, 4)
• Charles Postles (R, 33)
• Bryan Shupe (R, 36)
• Jeffrey Spiegelman (R, 11)
• Lyndon Yearick (R, 34)
• Gerald Hocker (R, 20)
• David Lawson (R, 15)
• Brian Pettyjohn (R, 19)
• Bryant Richardson (R, 21)

Latest actions

1. March 25, 2026: Tabled in Committee
2. August 13, 2025: Defeated By House. Votes: 15 YES 6 NO 18 NOT VOTING 2 ABSENT. Reason Taken: Motion to Suspend Rules on HB 245
3. August 7, 2025: Introduced and Assigned to Education Committee in House

Votes

• Defeated (SM) (August 13, 2025): 15 yea, 6 nay, passed

Common questions

What is HB245?

HB245 is a bill in the Delaware Legislature (153rd General Assembly): Reassessment/Remove 10% Increase/Taxes.

What does HB245 do?

In its own words: An act to amend title 14 of the delaware code relating to limitation on public schools' tax rate after general reassessment.

What is the status of HB245?

Failed as of March 25, 2026. Latest action: Tabled in Committee (March 25, 2026).

Who sponsored HB245?

Michael Smith (R, 22), with 11 co-sponsors.

Where is the official record for HB245?

On the Delaware Legislature website: https://legis.delaware.gov/BillDetail?LegislationId=142682