SB 79 — AN ACT TO AMEND TITLE 12 OF THE DELAWARE CODE RELATED TO ABANDONED OR UNCLAIMED PROPERTY.
Last action — Signed by Governor
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✓Introduced
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✓In Committee
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✓Passed Senate
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✓Passed House
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✓To Executive
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6Enacted
This bill has been enacted into law. Introduced June 02, 2017. Enacted.
Odds of enactment
High chanceBased on the sponsor, cosponsors, and committee posture, this bill has a high chance of becoming law.
Upgrade to see the exact probability and what's driving it.
A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.
Prognosis
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Enacted
Current position in the legislative process.
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2 sponsors
2 primary, 0 co-sponsors signed on.
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Single-party support
Sponsorship is currently within one party (1 D).
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Cleared a recorded vote
Passed 2 recorded votes so far.
Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.
Summary
This Act makes corrections and changes to Senate Bill No. 13 of the 149th General Assembly (81 Del. Laws, c. 1), which was signed February 2, 2017, as follows: Section 1 ensures holders have sufficient time to comply with Senate Bill No. 13’s due diligence requirements with owners. Section 2 clarifies that the State will indemnify and defend a holder against claims made by a foreign jurisdiction for property paid or delivered to the State Escheator in good faith. Section 3 corrects an internal reference. Section 4 corrects an inconsistency among dates. Sections 5 and 6 correct certain date issues that may arise if the Department of Finance chooses to publish final regulations later than July 1, based upon comments received in May on the proposed regulations published in the April issue of the Register of Regulations. Section 7 allows the State Escheator to waive interest in certain circumstances. This Substitute to Senate Bill No. 79 differs from Senate Bill No. 79 as follows: (1) It makes no change to § 1147(a) of Title 12. (2) It makes changes to §§ 1176 and 1183 of Title 12 (as noted above regarding Sections 5 and 6 of this Act). (3) It makes changes to the State Escheator’s authority to grant waivers of interest under § 1185 of Title 12 (Section 7 of this Act).
Bill Text
- Bill Text View text Current pdf
Action History
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Signed by Governor
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Passed By House. Votes: 40 YES 1 ABSENT
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Reported Out of Committee (Economic Development/Banking/Insurance/Commerce) in House with 10 On Its Merits
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Assigned to Economic Development/Banking/Insurance/Commerce Committee in House
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Passed By Senate. Votes: 21 YES
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Reported Out of Committee (Banking, Business & Insurance) in Senate with 4 On Its Merits
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Adopted in lieu of the original bill SB 79, and Assigned to Banking, Business & Insurance Committee in Senate
Sponsors
- Bryan Townsend · Primary
- Bryon H. Short · Primary
Sponsorship breakdown
Export CSV (upgrade) →2 sponsors · 0 co-sponsors · 60 not signed on
Sponsors (2)
- Bryan Townsend Democratic
- Bryon H. Short
Co-sponsors (0)
None.
Not signed on (60)
60 members have not signed on to this bill.
Show all 60 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Votes
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 25 | 0 | 0 | 0 |
| Democratic | 6 | 0 | 0 | 1 |
| Republican | 9 | 0 | 0 | 0 |
| Total | 40 | 0 | 0 | 1 |
| % of votes cast | 98% | 0% | 0% | 2% |
How each member voted (41)
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 12 | 0 | 0 | 0 |
| Democratic | 5 | 0 | 0 | 0 |
| Republican | 4 | 0 | 0 | 0 |
| Total | 21 | 0 | 0 | 0 |
| % of votes cast | 100% | 0% | 0% | 0% |
How each member voted (21)
| Member | Party | Vote |
|---|---|---|
| Anthony Delcollo | — | Yea |
| Brian J. Bushweller | — | Yea |
| Bruce C. Ennis | — | Yea |
| Catherine Cloutier | — | Yea |
| Colin Bonini | — | Yea |
| David B. McBride | — | Yea |
| Ernesto B Lopez | — | Yea |
| F. Gary Simpson | — | Yea |
| Gregory F. Lavelle | — | Yea |
| Harris B. McDowell | — | Yea |
| Margaret Rose Henry | — | Yea |
| Robert Marshall | — | Yea |
| Bryan Townsend | Democratic | Yea |
| David P. Sokola | Democratic | Yea |
| John "Jack" Walsh | Democratic | Yea |
| Nicole Poore | Democratic | Yea |
| Stephanie L. Hansen | Democratic | Yea |
| Brian Pettyjohn | Republican | Yea |
| Bryant L. Richardson | Republican | Yea |
| Dave G. Lawson | Republican | Yea |
| Gerald W. Hocker | Republican | Yea |
Subjects
Frequently asked questions
- What does SB 79 do?
- This Act makes corrections and changes to Senate Bill No. 13 of the 149th General Assembly (81 Del. Laws, c. 1), which was signed February 2, 2017, as follows: Section 1 ensures holders have sufficient time to comply with Senate Bill No. 13’s due diligence requirements with owners. Section 2 clarifies that the State will indemnify and defend a holder against claims made by a foreign jurisdiction for property paid or delivered to the State Escheator in good faith. Section 3 corrects an internal reference. Section 4 corrects an inconsistency among dates. Sections 5 and 6 correct certain date issues that may arise if the Department of Finance chooses to publish final regulations later than July 1, based upon comments received in May on the proposed regulations published in the April issue of the Register of Regulations. Section 7 allows the State Escheator to waive interest in certain circumstances. This Substitute to Senate Bill No. 79 differs from Senate Bill No. 79 as follows: (1) It makes no change to § 1147(a) of Title 12. (2) It makes changes to §§ 1176 and 1183 of Title 12 (as noted above regarding Sections 5 and 6 of this Act). (3) It makes changes to the State Escheator’s authority to grant waivers of interest under § 1185 of Title 12 (Section 7 of this Act).
- Who sponsors SB 79?
- SB 79 is sponsored by Bryan Townsend (Democratic) and Bryon H. Short.
- What is the current status of SB 79?
- This bill has been enacted into law. Introduced June 02, 2017. Enacted.
- Where can I track SB 79?
- Track SB 79 free on One Click Politics — get push/email alerts when it moves.
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