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Reducing Senior's Tax Credit in Delaware, Unlikely

legis.delaware.gov

Delaware lawmakers said no to Governor Jack Markell’s proposal to cut $12.6 million in property tax breaks for seniors.

The plan cuts in half the $500 state subsidy paid to seniors to help with their tax bills.

During a hearing by the Joint Finance Committee yesterday Senator Bruce Ennis told the governor’s budget officials that the reduction would be difficult to get through the General Assembly.

It’s part of Markell’s effort to balance his $3.9 billion budget which still goes up by 2.4 percent over current levels.

Under current law the state government pays 50 percent of a senior’s property tax up to $500.

Markell would cut that to $250.       

Don Rush is the News Director and Senior Producer of News and Public Affairs at Delmarva Public Media. An award-winning journalist, Don reports major local issues of the day, from sea level rise, to urban development, to the changing demographics of Delmarva.