Why Should Delaware Care?A group of lawmakers convened for a fourth time on Tuesday to investigate the impacts of Delaware’s first statewide property reassessment in nearly 40 years, hearing from small business and housing leaders. What exactly relief for these commercial property owners could look like is somewhat unclear, as lawmakers begin to work through legislative fixes for the next session.
State lawmakers grappled Tuesday with how best to move forward in the ongoing property reassessment saga, and particularly how it may ease the burden now shouldered by small businesses and landlords.
Tuesday’s legislative committee hearing – the fourth in a series of five meetings scheduled to investigate the impacts of Delaware’s first-in-40-year property reassessment – included testimony from eight stakeholder groups. Many of them decried lawmakers’ decision earlier this year to allow New Castle County to tax residential and commercial properties at different rates…