HB 286 — Realty Transfer Tax/Updates/Reductions
Last action — Appropriations
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1Introduced
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2In Committee
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3Passed House
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4Passed Senate
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5To Executive
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6Enacted
This bill has been introduced in the House. Introduced June 11, 2026. It must pass committee before a floor vote.
Next likely step: a committee referral and hearing.
Odds of enactment
Low chanceBased on the sponsor, cosponsors, and committee posture, this bill has a low chance of becoming law.
Upgrade to see the exact probability and what's driving it.
A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.
Prognosis
Not enough signal yet to read this bill's trajectory — we surface a likelihood only once there's real movement (stage, sponsorship, committee, or votes) to point to.
Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.
In plain language
The bill updates and reduces the realty transfer tax for property transactions.
The bill eliminates the realty transfer tax on properties valued under $350,000 and gradually reduces the tax rate for properties valued between $350,000 and $500,000. This aims to make property transactions more affordable.
What this means for you
- Consumers: This means lower costs for buyers regarding property transactions, potentially making homeownership more accessible.
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.
Bill Text
We don't have the full text on file for this bill yet.
Read HB 286 on the official Delaware source →Action History
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Appropriations
Sponsors
- Lyndon D. Yearick · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 61 not signed on
Sponsors (1)
- Lyndon D. Yearick Republican
Co-sponsors (0)
None.
Not signed on (61)
61 members have not signed on to this bill.
Show all 61 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- What does HB 286 do?
- 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.
- Who sponsors HB 286?
- HB 286 is sponsored by Lyndon D. Yearick (Republican).
- What is the current status of HB 286?
- This bill has been introduced in the House. Introduced June 11, 2026. It must pass committee before a floor vote.
- Where can I track HB 286?
- Track HB 286 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes 3 months ago · updated continuously
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