AN ACT TO AMEND TITLE 5 OF THE DELAWARE CODE RELATING TO BUILDING AND LOAN ASSOCIATION INSURANCE REGULATION.
Summary
This Act raises the threshold limit requiring a building and loan association to obtain federal deposit insurance from $10,000,000 to $15,000,000. This threshold limit was last increased in 2019. The State Bank Commissioner does not oppose this change. This Act also makes technical corrections to conform existing law to the standards of the Delaware Legislative Drafting Manual.
Bill status
signed
all 5 stages cleared
Introduction
Feb 2022
Committee Review
May 2022
Senate Passage
Apr 2022
House Passage
May 2022
Signed into Law
Jun 2022
Introduced Feb 11, 2022
Signed Jun 30, 2022
Floor votes · House May 12, 2022
How they voted
This bill passed the Senate by voice vote (no roll call recorded).
Full legislative history
Actions timeline
Total actions
7
Key actions
5
Committee
2
Jun 30, 2022
Signed into law
Signed by Governor
executive
May 12, 2022
Lower · Passed
Passed By House. Votes: 38 YES 3 ABSENT
lower
May 3, 2022
Lower · Passed
Reported Out of Committee (Economic Development/Banking/Insurance & Commerce) in House with 7 On Its Merits
lower
Apr 6, 2022
Introduced
Assigned to Economic Development/Banking/Insurance & Commerce Committee in House
lower
Apr 5, 2022
Upper · Passed
Passed By Senate. Votes: 19 YES 2 ABSENT
upper
Mar 23, 2022
Upper · Passed
Reported Out of Committee (Banking, Business & Insurance) in Senate with 5 On Its Merits
upper
Feb 11, 2022
Introduced
Introduced and Assigned to Banking, Business & Insurance Committee in Senate
upper
2 primary · 5 co-sponsors
Sponsors
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