Local Option Senior School Property Tax Credit

State

Delaware

Year

2022

Variations in Receipt of Benefit

No Variation in Receipt of Benefits

Benefit Type

Credit

Benefit

The local school board may vote to allow a credit against school taxes imposed on the principal residence of a qualifying individual. The maximum credit provided is the lesser of (1) 50% of taxes remaining after homestead and other exemptions are taken or (2) a maximum of $500. The vocational portion of the tax bill is excluded. The senior cut is calculated after across-the-board cuts.

How is Benefit Disbursed

Credit to the property tax bill

Eligible Property Type

Residential

Characteristics of Eligible Property

Only residential property is eligible for this program.

Eligibility Criteria

Age

Homeowner

Principal Residence

Description of Eligibility Criteria

The applicant must own and occupy the property as their primary residence and be 65 years of age or older. As of 30 June of the year for which the benefit is claimed, the person must meet residency requirements. For those establishing residence in the state on or before 31 December 2017, the residency requirement is 3 years. For those establishing residence after 31 December 2017, the residency requirement is 10 years. If there are multiple owners, each can file for the benefit but they will only receive a proportional share of the benefit.

Local Option in Adoption of Program

Local government must take action to opt in

Local Option Regarding Program Features

Local option regarding program features

State Funding for Local Tax Loss

State reimburses all of the local government tax loss

Description of State Funding for Tax Loss

The state will mail rebate checks directly to individuals who qualify for the program.

Record ID

DE103_RR22

Footnotes

To receive this tax credit, taxpayers must have paid their property tax bill at the end of the tax year for which the credit was reported. Applications must be submitted by 1 June and the property tax bill must be paid in full to qualify for the credit for the subsequent property tax year.

Sources

14 Del. Code § 1917 (c) (in effect for 2022)
Delaware Department of Finance, Application for Senior School Property Tax Credit
[https://financefiles.delaware.gov/docs/ssptc_app.pdf Accessed 12/01/2023]
View Archived Source
Delaware, New Castle, New Castle County Senior Tax Exemption
[https://www.newcastlede.gov/2076/Seniors Accessed 12/01/2023]
View Archived Source

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