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state_legiscan_drain · DE

An Act To Amend Titles 7 And 30 Of The Delaware Code Relating To The Delaware Hazardous Substances Cleanup Act And The Realty Transfer Tax.

June 11, 2026

Summary

If enacted, this bill would amend Delaware's Hazardous Substances Cleanup Act and Realty Transfer Tax provisions to adjust tax treatment for properties undergoing environmental cleanup. It would affect real estate transactions involving contaminated sites, potentially altering tax exemptions or credits for transferees. Lenders, servicers, and title agents should evaluate impacts on closing procedures and tax reporting.

Source: https://legis.delaware.gov/BillDetail?LegislationId=143526

Common questions

What does "An Act To Amend Titles 7 And 30 Of The Delaware Code Relating To The Delaware Hazardous Substances Cleanup Act And The Realty Transfer Tax." cover?
If enacted, this bill would amend Delaware's Hazardous Substances Cleanup Act and Realty Transfer Tax provisions to adjust tax treatment for properties…
When was it published?
It was published on June 11, 2026.

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