HB 86 — AN ACT TO AMEND TITLE 18 OF THE DELAWARE CODE RELATING TO CAPTIVE INSURANCE.
Last action — Signed by Governor
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✓Introduced
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✓In Committee
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✓Passed House
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✓Passed Senate
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✓To Executive
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6Enacted
This bill has been enacted into law. Introduced March 21, 2017. Enacted.
Prognosis
Where this bill stands today.
Odds of enactment
HighHow often bills like it became law.
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Enacted
Current position in the legislative process.
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7 sponsors
2 primary, 5 co-sponsors signed on.
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Single-party support
Sponsorship is currently within one party (2 R).
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Cleared a recorded vote
Passed 2 recorded votes so far.
Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.
Summary
This bill corrects an unintended consequence of House Bill No. 15 of the 148th General Assembly, signed into law by the Governor on June 24, 2015, by preventing double taxation of premium ceded to a series captive insurance company or protected cell. This bill also precludes premium taxation of series limited liability companies, exclusive of any series thereof, when premium is written only in the series of such of series limited liability companies.
Bill Text
- Bill Text View text Current pdf
Action History
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Signed by Governor
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Passed By Senate. Votes: 18 YES 3 ABSENT
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Reported Out of Committee (Banking, Business & Insurance) in Senate with 4 On Its Merits
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Assigned to Banking, Business & Insurance Committee in Senate
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Passed By House. Votes: 38 YES 2 ABSENT
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Reported Out of Committee (Economic Development/Banking/Insurance/Commerce) in House with 9 On Its Merits
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Introduced and Assigned to Economic Development/Banking/Insurance/Commerce Committee in House
Sponsors
- Daniel B. Short · Cosponsor
- Daniel B. Short · Primary
- Michael Ramone · Cosponsor
- Helene M. Keeley · Cosponsor
- Ernesto B Lopez · Cosponsor
- Catherine Cloutier · Cosponsor
- Brian J. Bushweller · Primary
Sponsorship breakdown
Export CSV (upgrade) →2 sponsors · 5 co-sponsors · 55 not signed on
Sponsors (2)
- Daniel B. Short Republican
- Brian J. Bushweller
Co-sponsors (5)
Not signed on (55)
55 members have not signed on to this bill.
Show all 55 →"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 | 11 | 0 | 0 | 1 |
| Democratic | 4 | 0 | 0 | 1 |
| Republican | 3 | 0 | 0 | 1 |
| Total | 18 | 0 | 0 | 3 |
| % of votes cast | 86% | 0% | 0% | 14% |
How each member voted (21)
| Member | Party | Vote |
|---|---|---|
| Anthony Delcollo | — | Yea |
| Brian J. Bushweller | — | Yea |
| Bruce C. Ennis | — | Not Voting |
| 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 | Not Voting |
| Stephanie L. Hansen | Democratic | Yea |
| Brian Pettyjohn | Republican | Yea |
| Bryant L. Richardson | Republican | Not Voting |
| Dave G. Lawson | Republican | Yea |
| Gerald W. Hocker | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 23 | 0 | 0 | 2 |
| Democratic | 7 | 0 | 0 | 0 |
| Republican | 8 | 0 | 0 | 1 |
| Total | 38 | 0 | 0 | 3 |
| % of votes cast | 93% | 0% | 0% | 7% |
How each member voted (41)
Subjects
Frequently asked questions
- What does HB 86 do?
- This bill corrects an unintended consequence of House Bill No. 15 of the 148th General Assembly, signed into law by the Governor on June 24, 2015, by preventing double taxation of premium ceded to a series captive insurance company or protected cell. This bill also precludes premium taxation of series limited liability companies, exclusive of any series thereof, when premium is written only in the series of such of series limited liability companies.
- Who sponsors HB 86?
- HB 86 is sponsored by Daniel B. Short (Republican), Michael Ramone, Helene M. Keeley, Ernesto B Lopez, Catherine Cloutier, and Brian J. Bushweller.
- What is the current status of HB 86?
- This bill has been enacted into law. Introduced March 21, 2017. Enacted.
- Where can I track HB 86?
- Track HB 86 free on One Click Politics — get push/email alerts when it moves.
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