Governor Carney Signs Senate Bill SB163

Posted on 08-08-2022

SB 163 provides a more equitable tax treatment of farms throughout Delaware, by amending the way the counties assess and value agricultural, horticultural, and forestry land.    Current law distinguishes how the land use is treated based on acreage and gross sales. This bill provides that the use meets the criteria “when the use results in $1,000 or more of agricultural, horticultural, or forestry products being produced and sold during the applicable year.” This aligns with the federal definition of “farm” used by the U.S. Census Bureau. 
  Please click here for more information and to view the bill in its entirety.