Establishes a Property Assessment Working Group to develop recommendations for state standards governing property assessment practices in Delaware.

The bill establishes a Property Assessment Working Group to develop recommendations for state standards governing property assessment practices in Delaware. The Working Group will examine the statutory and regulatory frameworks of states that have adopted IAAO standards to inform Delaware's quality benchmarks and operational requirements. The group will produce recommendations ready for introduction in the 154th General Assembly, focusing on methodological standards, quality standards, administrative capacity, and governance, and taxpayer notification, transparency, and appeals.

Establishes a Property Assessment Working Group to develop recommendations for state standards governing property assessment practices in Delaware.

The bill establishes a Property Assessment Working Group to develop recommendations for state standards governing property assessment practices in Delaware. The Working Group will examine the statutory and regulatory frameworks of states that have adopted IAAO standards to inform Delaware's quality benchmarks and operational requirements. The group will produce recommendations ready for introduction in the 154th General Assembly, focusing on methodological standards, quality standards, administrative capacity, and governance, and taxpayer notification, transparency, and appeals.