Delaware · 153rd General Assembly (2025-2026) · Bill
HB 286: AN ACT TO AMEND TITLE 30 OF THE DELAWARE CODE RELATING TO DECREASING THE STATE'S REALTY TRANSFER TAX RATE OF TAXATION.
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
HB 286 is a bill introduced in the Delaware House on January 29, 2026. According to its official title, it concerns: AN ACT TO AMEND TITLE 30 OF THE DELAWARE CODE RELATING TO DECREASING THE STATE'S REALTY TRANSFER TAX RATE OF TAXATION. Primary sponsor: Lyndon Yearick (Republican), Eric Buckson (Republican). It lists 2 additional sponsors. Most recent recorded action (June 11, 2026): Assigned to Appropriations Committee in House.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
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.
Sponsors
Sponsors by party (alphabetical): Republican 4
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Lyndon Yearick | Primary sponsor | Republican | House | 34 |
| Eric Buckson | Primary sponsor | Republican | Senate | 16 |
| Mike Smith | Co-sponsor | Republican | House | 22 |
| Dave Wilson | Co-sponsor | Republican | Senate | 18 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Assigned to Appropriations Committee in House
- Reported Out of Committee (Revenue & Finance) in House with 3 Favorable, 7 On Its Merits
- Introduced and Assigned to Revenue & Finance Committee in House