Delaware § 3213 Taxation of leased property in TIF District

Delaware Statutes

§ 3213 — Taxation of leased property in TIF District

Delaware § 3213

Title9

PartNew Castle County

Ch. 32NEW CASTLE COUNTY TAX INCREMENT FINANCING ACT

This text of Delaware § 3213 (Taxation of leased property in TIF District) is published on Counsel Stack Legal Research, covering Delaware primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Del. Code tit. 9, § 3213 (2026).

Text

Whenever the county, as lessor, leases its property within the TIF District, the property shall be assessed and taxed in the same manner as privately owned property, and the lease or contract shall provide that the lessee shall pay taxes or payments in lieu of taxes upon the assessed value of the entire property and not merely the assessed value of the leasehold interest.

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