DelawareDelaware Senate directs finance officials to report on business housing purchases
The Senate directed Delaware’s Department of Finance to report by December 31, 2025, on five years of residential sales and whether buyers were businesses or people.
What it does
By December 31, 2025, finance officials must report on five years of Delaware residential sales, including sale values, buyer type, housing type, and county. They must suggest ways to improve access to the data.
Argument forThe report could help Delaware officials see where businesses buy homes and decide whether housing policies need changes.
Argument againstGathering five years of sales details and working with counties could take time from finance staff and county workers.
More detail
The Department of Finance must prepare and deliver a report on Delaware residential sales and business buyers. The report covers residential sales in Delaware over the past five years and identifies whether buyers were businesses or people. The report must include sales counts and values, housing type, county, and suggestions for improving how the data is collected and shared. The department must work with relevant groups, including counties, when needed. The department must send the report to the Senate leader called the president pro tempore and the Senate secretary by December 31, 2025.
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Where it stands
- Introduced
- Adopted
Looking ahead
No hearings or votes scheduled.
History
- 2025
- Jun 25Passed By Senate. Votes: 21 YESAdopted
- Vote recorded Passage. Result: pass.Upper
- Jun 25Introduced in SenateIntroduced
- Jun 25Passed By Senate. Votes: 21 YESAdopted
Housing