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HB 286 Delaware House · 153rd General Assembly (2025-2026)

AN ACT TO AMEND TITLE 30 OF THE DELAWARE CODE RELATING TO DECREASING THE STATE'S REALTY TRANSFER TAX RATE OF TAXATION.

Summary
For conveyances having a property value of less than $350,000, the state will not assess a realty transfer tax. This Act also reduces the State's rate of realty transfer tax by 1/4% per year for 4 years, for residential property conveyances having a property value of $350,000 to $500,000.
Issues: ✓ Budget & TaxesSupports Budget & TaxesReduces realty transfer tax for properties under $500k, providing direct tax relief per bill's explicit language on tax rates.95% confidence ✓ HousingSupports HousingReduces transfer taxes on homes under $500k, lowering purchase costs for affordable housing buyers per bill's tax exemptions and rate reductions.90% confidence
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2026
Committee Review
Floor Vote
Governor
Introduced Jan 29, 2026 Last action Jun 11, 2026
Floor votes

How they voted

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Full legislative history

Actions timeline

Total actions
3
Key actions
1
Committee
1
Jun 11, 2026
Introduced
Assigned to Appropriations Committee in House
lower
Jun 10, 2026
Lower · Passed
Reported Out of Committee (Revenue & Finance) in House with 3 Favorable, 7 On Its Merits
lower
Jan 29, 2026
Introduced
Introduced and Assigned to Revenue & Finance Committee in House
lower
4 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Dave Wilson
Dave Wilson
RRepublican
DE
18
P
Photo of Frank Cooke
Frank Cooke
DDemocratic
DE
16
P
Photo of Lyndon Yearick
Lyndon Yearick
RRepublican
DE
34
P
Photo of Mike Smith
Mike Smith
RRepublican
DE
22