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HB 460 Delaware House · 149th General Assembly (2017-2018)

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

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 status in committee 1 of 4 stages cleared
Introduction
Jun 2018
Committee Review
Floor Vote
Governor
Introduced Jun 12, 2018 Last action Jun 13, 2018
Floor votes

How they voted

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Full legislative history

Actions timeline

Total actions
2
Key actions
1
Committee
1
Jun 13, 2018
Lower · Passed
Reported Out of Committee (Administration) in House with 2 Favorable, 3 On Its Merits
lower
Jun 12, 2018
Introduced
Introduced and Assigned to Administration Committee in House
lower
10 primary · 22 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
AD
Anthony Delcollo
RRepublican
DE
7
P
Photo of Danny Short
Danny Short
RRepublican
DE
39
P
Photo of Dave Sokola
Dave Sokola
DDemocratic
DE
8
P
DH
Deborah Hudson
RRepublican
DE
12
P
FG
F. Gary Simpson
RRepublican
DE
18
P
GF
Gregory F. Lavelle
RRepublican
DE
4
P
JJ
John J. Viola
DDemocratic
DE
26
P
Photo of Mike Ramone
Mike Ramone
RRepublican
DE
21
P
Photo of Pete Schwartzkopf
Pete Schwartzkopf
DDemocratic
DE
14
P
QJ
Quinton Johnson
DDemocratic
DE
8
Co
Photo of Brian Pettyjohn
Brian Pettyjohn
RRepublican
DE
19
Co
BH
Bryon H. Short
DDemocratic
DE
7
Co
CC
Catherine Cloutier
RRepublican
DE
5
Co
Photo of Charles Postles
Charles Postles
RRepublican
DE
33
Co
Photo of Dave Wilson
Dave Wilson
RRepublican
DE
18
Co
EB
Ernesto B. Lopez
RRepublican
DE
6
Co
Photo of Gerald Hocker
Gerald Hocker
RRepublican
DE
20
Co
GL
Gerald L. Brady
DDemocratic
DE
4
Co
HR
Harvey R. Kenton
RRepublican
DE
36
Co
Photo of Jeff Spiegelman
Jeff Spiegelman
RRepublican
DE
11