New Del. bill could impact charitable organizations

In Delaware,  lawmakers have proposed legislation that looks to strengthen the working and middle class.

House Bill 240 would create a new upper personal income tax bracket for top wage earners. The new bracket would be for folks making more than $150,000 thousand that would be taxed at 6.9 percent.

Part of this bill would also increase standard deductions and eliminate itemized deductions such as charitable deductions.

This bill has caused some push back from non-profits who say charitable organizations can be impacted.

"It greatly impacts the education, colleges, non-profits that take care of the poor and elderly. Those are a lot of organizations that provide services of the state that they would not be able to provide otherwise," says Cathy Cessna, a member of the Association of Fundraising Professionals.

47 ABC reached out to Representative Valerie Longhurst, the sponsor of the bill in regards to the concerns brought up by local non-profits, but we have yet to hear back.

Categories: Delaware, Local News, Top Stories