Democratic lawmakers in Dover have introduced new legislation designed to protect against a looming $400 million shortfall they say would be caused by the Trump Administration’s recently passed “One Big Beautiful Bill Act.”

According to the House Majority Caucus, Delaware’s tax code is automatically updated to reflect changes to federal tax law. Trump’s OBBBA, according to democrats, recently changed provisions to the federal Internal Revenue Code that would allow businesses to immediately write off certain costs such as research and property investments instead of spreading the tax deductions over years.

Those new federal provisions, automatically applied to Delaware’s tax code as well, would be retroactive for businesses spanning back to 2022 and all tax payers in 2025, according to la

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