Small Business Reading Room


Friday, July 18, 2008

Delaware Corporate Legislation Tracker

Here's our latest update for you on current and pending legislation related to Delaware Corporate rules and regulations:

The following Legislation affecting Title 8 - Corporations was acted upon by the Governor on 7/1/2008:

HB 519
Title: AN ACT TO AMEND TITLE 8 OF THE DELAWARE CODE RELATING TO THE GENERAL CORPORATION LAW.



Synopsis:
This Act increases the annual report fee for foreign corporations from $60 to $100 and increases the rates for computation of the annual franchise tax.



Bill History:

Jul 01, 2008 - Signed by Governor

Jun 30, 2008 - Passed by Senate.
(Votes: Passed 18 YES 2 NO 0 NOT VOTING 1 ABSENT 0 VACANT)

Jun 30, 2008 - Necessary rules are suspended in Senate

Jun 26, 2008 - Passed by House of Representatives.
(Votes: Passed 34 YES 7 NO 0 NOT VOTING 0 ABSENT 0 VACANT)

Jun 26, 2008 - Amendment HA 1 - Defeated by House of Representatives.
(Votes: Defeated 16 YES 25 NO 0 NOT VOTING 0 ABSENT 0 VACANT)

Jun 26, 2008 - Amendment HA 1 defeated

Jun 26, 2008 - Amendment HA 1 - Introduced in House

Jun 26, 2008 - Necessary rules are suspended in House

Jun 26, 2008 - Introduced and Assigned to Revenue & Finance Committee in House



The following Legislation affecting Title 6 - Commerce and Trade was acted upon by the Governor on 7/1/2008:

HB 520
Title: Title: AN ACT TO AMEND TITLE 6 OF THE DELAWARE CODE RELATING TO THE UNIFORM PARTNERSHIP ACT, LIMITED PARTNERSHIPS, AND THE LIMITED LIABILITY COMPANY ACT AND TAXES COLLECTED BY THE SECRETARY OF STATE.



Synopsis:
This Act increases the annual tax assessed on partnerships, limited partnerships and limited liability companies on file with the Secretary of State from $200 to $250.



Bill History:
Jul 01, 2008 - Signed by Governor

Jun 30, 2008 - Passed by Senate.
(Votes: 19 YES 2 NO 0 NOT VOTING 0 ABSENT 0 VACANT)

Jun 30, 2008 - Amendment SA 2 - Defeated by Senate.
(Votes: 7 YES 13 NO 1 NOT VOTING 0 ABSENT 0 VACANT)

Jun 30, 2008 - Amendment SA 2 defeated

Jun 30, 2008 - Amendment SA 2 - Introduced in Senate

Jun 30, 2008 - Amendment SA 1 - Stricken

Jun 30, 2008 - Necessary rules are suspended in Senate

Jun 27, 2008 - Amendment SA 1 - Introduced and Placed With the Bill in Senate

Jun 26, 2008 - Passed by House of Representatives.
(Votes: Passed 34 YES 7 NO 0 NOT VOTING 0 ABSENT 0 VACANT)

Jun 26, 2008 - Amendment HA 1 - Defeated by House of Representatives.
(Votes: Defeated 13 YES 28 NO 0 NOT VOTING 0 ABSENT 0 VACANT)

Jun 26, 2008 - Amendment HA 1 defeated

Jun 26, 2008 - Amendment HA 1 - Introduced in House

Jun 26, 2008 - Necessary rules are suspended in House

Jun 26, 2008 - Introduced and Assigned to Revenue & Finance Committee in House



The following Legislation affecting Title 6 - Commerce and Trade was acted upon by the General Assembly on 7/1/2008:

SB 325
Title: AN ACT TO AMEND TITLE 6 OF THE DELAWARE CODE RELATING TO COMMERCE AND TRADE.


Synopsis:
Sections 1 and 2 provide an alternative form for a UCC Financing Statement Amendment and the Addendum therefore. Section 3 provides that this Act shall become effective August 1, 2008.


Bill History:
July 01, 2008 - Amendment SA 1 - Introduced and Placed With the Bill in Senate

Jun 25, 2008 - Laid On Table in Senate



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Delaware is Still Number One- Lawsuit Climate is Best in Nation

Delaware ranks first among all fifty states in the fairness of its litigation environment, a position it has held for seven years running, according to Lawsuit Climate 2008: Ranking the States, an annual assessment of state liability systems conducted by Harris Interactive and released today by the U.S. Chamber Institute for Legal Reform (ILR).

Delaware was ranked number one in eight of the twelve categories in this year’s report.

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