Delaware 149th General Assembly (2017-2018) Status: In Committee Bipartisan · 12 R · 3 D cosponsors

HB 460 — AN ACT PROPOSING AN AMENDMENT TO ARTICLE VIII, § 6 OF THE DELAWARE CONSTITUTION RELATING TO LIMITATIONS ON APPROPRIATIONS.

Last action — Reported Out of Committee (Administration) in House with 2 Favorable, 3 On Its Merits

  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed House
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 149th General Assembly (2017-2018). It reached “In Committee” 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This bill is no longer active — its legislative session has ended, so there are no live odds of enactment. It would have to be reintroduced in the current session to move again.

Summary

This Act is the first leg of a Constitutional Amendment reflecting the recommendations of the Advisory Panel to the Delaware Economic and Financial Advisory Council (DEFAC) on Potential Fiscal Controls and Budget Smoothing Mechanisms established as per House Joint Resolution 8 of the 149th General Assembly (Panel). This Act would build upon the State’s existing appropriation limit methodology by moving the Budget Reserve Account into a newly defined Budget Stabilization Fund, defining rules for deposits to and withdrawals from said Budget Stabilization Fund, and adding a check of the appropriation limit against an index comprised of relevant indicators of growth of the State’s economy. The Panel further recommended that any final adoption of the structural budget reforms included in this Act be accompanied by statutory enactment of structural reforms to the Personal Income Tax by broadening the tax base as initially recommended by the DEFAC Advisory Council of Revenues report dated May 2015 and further detailed in the Panel’s report dated June 1, 2018.

Bill Text

Action History

  1. Reported Out of Committee (Administration) in House with 2 Favorable, 3 On Its Merits

  2. Introduced and Assigned to Administration Committee in House

Sponsors

Sponsorship breakdown

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10 sponsors · 22 co-sponsors · 30 not signed on

Sponsors (10)

Co-sponsors (22)

Not signed on (30)

30 members have not signed on to this bill.

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"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.

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Subjects

taxation finance
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Frequently asked questions

What does HB 460 do?
This Act is the first leg of a Constitutional Amendment reflecting the recommendations of the Advisory Panel to the Delaware Economic and Financial Advisory Council (DEFAC) on Potential Fiscal Controls and Budget Smoothing Mechanisms established as per House Joint Resolution 8 of the 149th General Assembly (Panel). This Act would build upon the State’s existing appropriation limit methodology by moving the Budget Reserve Account into a newly defined Budget Stabilization Fund, defining rules for deposits to and withdrawals from said Budget Stabilization Fund, and adding a check of the appropriation limit against an index comprised of relevant indicators of growth of the State’s economy. The Panel further recommended that any final adoption of the structural budget reforms included in this Act be accompanied by statutory enactment of structural reforms to the Personal Income Tax by broadening the tax base as initially recommended by the DEFAC Advisory Council of Revenues report dated May 2015 and further detailed in the Panel’s report dated June 1, 2018.
Who sponsors HB 460?
HB 460 is sponsored by David P. Sokola (Democratic), Daniel B. Short (Republican), Brian Pettyjohn (Republican), Stephanie L. Hansen (Democratic), Gerald W. Hocker (Republican), Richard G. Collins (Republican), Timothy D. Dukes (Republican), Ronald E. Gray (Republican), Kevin S Hensley (Republican), Charles S Postles Jr. (Republican), Jeffrey N. Spiegelman (Republican), David L. Wilson (Republican), Lyndon D. Yearick (Republican), Kendra Johnson (Democratic), Stephen Smyk, William R. Outten, John L. Mitchell, Joseph E. Miro, Harvey R. Kenton, Ruth Briggs King, Gerald L. Brady, Catherine Cloutier, Robert Marshall, Ernesto B Lopez, Deborah Hudson, John J. Viola, Peter C. Schwartzkopf, Michael Ramone, Gregory F. Lavelle, F. Gary Simpson, and Anthony Delcollo.
What is the current status of HB 460?
This bill died with 149th General Assembly (2017-2018). It reached “In Committee” 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 HB 460?
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