HB 20 — AN ACT TO AMEND TITLE 5 OF THE DELAWARE CODE RELATING TO BUILDING AND LOAN ASSOCIATION INSURANCE REGULATION.
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 December 13, 2018. 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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10 sponsors
3 primary, 7 co-sponsors signed on.
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Single-party support
Sponsorship is currently within one party (7 R).
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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 bill raises the threshold limit requiring a Building and Loan Association to obtain federal deposit insurance from $7 million to $10 million dollars. This amount was last raised in 2005. The State Bank Commissioner is okay with this change.
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: 20 YES 1 ABSENT
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Reported Out of Committee (Banking, Business & Insurance) in Senate with 3 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 3 ABSENT
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Reported Out of Committee (Economic Development/Banking/Insurance & Commerce) in House with 12 On Its Merits
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Introduced and Assigned to Economic Development/Banking/Insurance/Commerce Committee in House
Sponsors
- Shannon Morris · Cosponsor
- Kevin S Hensley · Cosponsor
- Timothy D. Dukes · Cosponsor
- David L. Wilson · Cosponsor
- Bryant L. Richardson · Cosponsor
- Brian Pettyjohn · Primary
- Jesse R. Vanderwende · Primary
- Paul S. Baumbach · Primary
- Michael Ramone · Cosponsor
- Raymond Seigfried · Cosponsor
Sponsorship breakdown
Export CSV (upgrade) →3 sponsors · 7 co-sponsors · 52 not signed on
Sponsors (3)
- Brian Pettyjohn Republican
- Jesse R. Vanderwende Republican
- Paul S. Baumbach
Co-sponsors (7)
- Shannon Morris Republican
- Kevin S Hensley Republican
- Timothy D. Dukes Republican
- David L. Wilson Republican
- Bryant L. Richardson Republican
- Michael Ramone
- Raymond Seigfried
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 | 7 | 0 | 0 | 0 |
| Democratic | 8 | 0 | 0 | 1 |
| Republican | 5 | 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 |
| Bruce C. Ennis | — | Yea |
| Catherine Cloutier | — | Yea |
| Colin Bonini | — | Yea |
| David B. McBride | — | Yea |
| Ernesto B Lopez | — | Yea |
| Harris B. McDowell | — | Yea |
| Bryan Townsend | Democratic | Yea |
| Darius J. Brown | Democratic | Yea |
| David P. Sokola | Democratic | Yea |
| John "Jack" Walsh | Democratic | Yea |
| Laura V. Sturgeon | Democratic | Yea |
| Nicole Poore | Democratic | Not Voting |
| S. Elizabeth Lockman | Democratic | Yea |
| Stephanie L. Hansen | Democratic | Yea |
| Trey Paradee | Democratic | Yea |
| Brian Pettyjohn | Republican | Yea |
| Bryant L. Richardson | Republican | Yea |
| Dave G. Lawson | Republican | Yea |
| David L. Wilson | Republican | Yea |
| Gerald W. Hocker | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 16 | 0 | 0 | 1 |
| Democratic | 10 | 0 | 0 | 2 |
| Republican | 12 | 0 | 0 | 0 |
| Total | 38 | 0 | 0 | 3 |
| % of votes cast | 93% | 0% | 0% | 7% |
How each member voted (41)
Subjects
Frequently asked questions
- What does HB 20 do?
- This bill raises the threshold limit requiring a Building and Loan Association to obtain federal deposit insurance from $7 million to $10 million dollars. This amount was last raised in 2005. The State Bank Commissioner is okay with this change.
- Who sponsors HB 20?
- HB 20 is sponsored by Shannon Morris (Republican), Kevin S Hensley (Republican), Timothy D. Dukes (Republican), David L. Wilson (Republican), Bryant L. Richardson (Republican), Brian Pettyjohn (Republican), Jesse R. Vanderwende (Republican), Paul S. Baumbach, Michael Ramone, and Raymond Seigfried.
- What is the current status of HB 20?
- This bill has been enacted into law. Introduced December 13, 2018. Enacted.
- Where can I track HB 20?
- Track HB 20 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes 2 months ago · updated continuously
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