AN ACT TO AMEND TITLE 29 OF THE DELAWARE CODE RELATING TO ECONOMIC DEVELOPMENT.
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SB 245 — AN ACT TO AMEND TITLE 29 OF THE DELAWARE CODE RELATING TO ECONOMIC DEVELOPMENT.
Last action — Reported Out of Committee (Telecommunication Internet & Technology) in House with 1 Favorable, 5 On Its Merits
No card. One bill, free forever — alerts when it moves.
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✓Introduced
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✓In Committee
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3Passed Senate
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4Passed House
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5To Executive
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6Enacted
This bill died with 149th General Assembly (2017-2018). It reached “Passed Senate” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.
Summary
Both the Delaware Strategic Fund (Title 29, Chapter 87A, Subchapter II) and the Delaware Technical Innovation Fund (Title 29, Chapter 87A, Subchapter III) provide funding for Delaware businesses, including new businesses in growing technology-related fields. The Delaware Strategic Fund is intended to assist in the development of startup strategies such as seed capital and incubator programs. The Delaware Technical Innovation Fund is intended to promote coordination with Delaware’s institutions of higher education and the private sector to commercialize innovative products and processes developed by small businesses. This act encourages Delaware’s institutions of higher education to assist foreign-born, student entrepreneurs, who are engaged in the development of new businesses and technologies in Delaware, to provide them with assistance in maintaining proper legal status within the United States. Presently, thirteen universities in six states offer Global Entrepreneur in Residence Programs which have been successful in assisting foreign-born, student entrepreneurs in creating new businesses, new jobs, and attracting additional capital investment for their development and expansion. This act will add a provision comparable to those found in Global Entrepreneur Residence Programs within the existing frameworks provided by the Delaware Strategic Fund and the Delaware Technical Innovation Fund. This will encourage the creation and development of new businesses and new technologies in Delaware, without creating a new program with new funding needs.
Bill Text
- Bill Text View text Current pdf
Action History
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Reported Out of Committee (Telecommunication Internet & Technology) in House with 1 Favorable, 5 On Its Merits
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Re-Assigned to Telecommunication Internet & Technology Committee in House
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Assigned to Economic Development/Banking/Insurance/Commerce Committee in House
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Passed By Senate. Votes: 20 YES 1 ABSENT
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Amendment SA 1 to SB 245 - Passed By Senate. Votes: 19 YES 1 NO 1 ABSENT
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Lifted From Table in Senate
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Laid On Table in Senate
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Reported Out of Committee (Finance) in Senate with 4 On Its Merits
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Introduced and Assigned to Finance Committee in Senate
Sponsors
- Nicole Poore · Cosponsor
- David P. Sokola · Cosponsor
- Stephanie L. Hansen · Cosponsor
- John "Jack" Walsh · Cosponsor
- Debra Heffernan · Cosponsor
- Helene M. Keeley · Cosponsor
- Colin Bonini · Cosponsor
- Margaret Rose Henry · Cosponsor
- Gerald L. Brady · Primary
- Harris B. McDowell · Primary
Sponsorship breakdown
Export CSV (upgrade) →2 sponsors · 8 co-sponsors · 52 not signed on
Sponsors (2)
Co-sponsors (8)
- Nicole Poore Democratic
- David P. Sokola Democratic
- Stephanie L. Hansen Democratic
- John "Jack" Walsh Democratic
- Debra Heffernan Democratic
- Helene M. Keeley
- Colin Bonini
- Margaret Rose Henry
Not signed on (52)
52 members have not signed on to this bill.
Show all 52 →"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 | 5 | 0 | 0 | 0 |
| Republican | 4 | 0 | 0 | 0 |
| Total | 20 | 0 | 0 | 1 |
| % of votes cast | 95% | 0% | 0% | 5% |
How each member voted (21)
| Member | Party | Vote |
|---|---|---|
| Anthony Delcollo | — | Yea |
| Brian J. Bushweller | — | Yea |
| Bruce C. Ennis | — | Yea |
| Catherine Cloutier | — | Not Voting |
| 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 245 do?
- Both the Delaware Strategic Fund (Title 29, Chapter 87A, Subchapter II) and the Delaware Technical Innovation Fund (Title 29, Chapter 87A, Subchapter III) provide funding for Delaware businesses, including new businesses in growing technology-related fields. The Delaware Strategic Fund is intended to assist in the development of startup strategies such as seed capital and incubator programs. The Delaware Technical Innovation Fund is intended to promote coordination with Delaware’s institutions of higher education and the private sector to commercialize innovative products and processes developed by small businesses. This act encourages Delaware’s institutions of higher education to assist foreign-born, student entrepreneurs, who are engaged in the development of new businesses and technologies in Delaware, to provide them with assistance in maintaining proper legal status within the United States. Presently, thirteen universities in six states offer Global Entrepreneur in Residence Programs which have been successful in assisting foreign-born, student entrepreneurs in creating new businesses, new jobs, and attracting additional capital investment for their development and expansion. This act will add a provision comparable to those found in Global Entrepreneur Residence Programs within the existing frameworks provided by the Delaware Strategic Fund and the Delaware Technical Innovation Fund. This will encourage the creation and development of new businesses and new technologies in Delaware, without creating a new program with new funding needs.
- Who sponsors SB 245?
- SB 245 is sponsored by Nicole Poore (Democratic), David P. Sokola (Democratic), Stephanie L. Hansen (Democratic), John "Jack" Walsh (Democratic), Debra Heffernan (Democratic), Helene M. Keeley, Colin Bonini, Margaret Rose Henry, Gerald L. Brady, and Harris B. McDowell.
- What is the current status of SB 245?
- This bill died with 149th General Assembly (2017-2018). It reached “Passed Senate” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
- Where can I track SB 245?
- Track SB 245 free on One Click Politics — get push/email alerts when it moves.
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