DE SB224 | 2021-2022 | 151st General Assembly
Status
Completed Legislative Action
Spectrum: Moderate Partisan Bill (Republican 6-1)
Status: Passed on June 30 2022 - 100% progression
Action: 2022-06-30 - Signed by Governor
Text: Latest bill text (Draft #1) [HTML]
Spectrum: Moderate Partisan Bill (Republican 6-1)
Status: Passed on June 30 2022 - 100% progression
Action: 2022-06-30 - Signed by Governor
Text: Latest bill text (Draft #1) [HTML]
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.
Title
An Act To Amend Title 5 Of The Delaware Code Relating To Building And Loan Association Insurance Regulation.
Sponsors
| Sen. Brian Pettyjohn [R] | Rep. Jesse Vanderwende [R] | Sen. David Wilson [R] | Rep. Ruth Briggs King [R] |
| Rep. Ronald Gray [R] | Rep. Edward Osienski [D] | Rep. Daniel Short [R] |
Roll Calls
2022-05-12 - House - House Third Reading (Y: 38 N: 0 NV: 0 Abs: 3) [PASS]
2022-04-05 - Senate - Senate Third Reading (Y: 19 N: 0 NV: 0 Abs: 2) [PASS]
2022-04-05 - Senate - Senate Third Reading (Y: 19 N: 0 NV: 0 Abs: 2) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2022-06-30 | Signed by Governor | |
| 2022-05-12 | Passed By House. Votes: 38 YES 3 ABSENT | |
| 2022-05-03 | Reported Out of Committee (Economic Development/Banking/Insurance & Commerce) in House with 7 On Its Merits | |
| 2022-04-06 | Assigned to Economic Development/Banking/Insurance & Commerce Committee in House | |
| 2022-04-05 | Passed By Senate. Votes: 19 YES 2 ABSENT | |
| 2022-03-23 | Reported Out of Committee (Banking, Business & Insurance) in Senate with 5 On Its Merits | |
| 2022-02-11 | Introduced and Assigned to Banking, Business & Insurance Committee in Senate |
