Mentions of “PERSONAL INCOME TAX” — 4 found
… BILL NO. 278 SPONSOR: Representative Collins DESCRIPTION: AN ACT TO AMEND TITLE 30 OF THE DELAWARE CODE RELATING TO PERSONAL INCOME TAXES. Assumptions: 1.This Act becomes effective upon signature by the Governor. Upon signature, this Act is effective …
… nor. Upon signature, this Act is effective for tax years beginning after December 31, 2022. 2. This Act would adjust personal income tax brackets annually for inflation. 3. Upon enactment, personal income tax brackets would be adjusted by an amount equal …
… r December 31, 2022. 2. This Act would adjust personal income tax brackets annually for inflation. 3. Upon enactment, personal income tax brackets would be adjusted by an amount equal to the change in the Consumer Price Index – Urban (CPI-U) for the 12 mo …
… epartment of Finance assume current forecasts of CPI-U of 5.4% for FY 2022 and 2.5% for FY 2023 and are based on 2019 personal income tax return data. Cost: General Fund Revenue Loss Fiscal Year 2023: $6,500,000 Fiscal Year 2024:$18,600,000 Fisca …