Delaware HB407 amends the Delaware Hazardous Substances Cleanup Act and the Realty Transfer Tax.

Delaware HB407 amends the Delaware Hazardous Substances Cleanup Act and the Realty Transfer Tax. It introduces a 0.6% tax on petroleum sales for specific periods and adjusts the tax rate based on fund deposits. The bill allows the Secretary to authorize removal actions to protect health and the environment, and to bring actions against responsible parties for costs and non-compliance. It also increases penalties for fraud and allows the Secretary to enter properties for inspections. The bill takes effect on July 1, 2026.

Delaware HB407 amends the Delaware Hazardous Substances Cleanup Act and the Realty Transfer Tax.

Delaware HB407 amends the Delaware Hazardous Substances Cleanup Act and the Realty Transfer Tax. It introduces a 0.6% tax on petroleum sales for specific periods and adjusts the tax rate based on fund deposits. The bill allows the Secretary to authorize removal actions to protect health and the environment, and to bring actions against responsible parties for costs and non-compliance. It also increases penalties for fraud and allows the Secretary to enter properties for inspections. The bill takes effect on July 1, 2026.