Small Business Reading Room

Friday, April 23, 2010

Delaware Corporate Legislation Tracker

Stay on top of changes to the DGCL with the Delaware Corporate Legislation Tracker. This is a free service, designed to keep you informed on current and pending legislation related to Delaware Corporate rules and regulations. Here's what's been happening this past week:

The following Legislation affecting Title 8 - Corporations was acted upon by the General Assembly on 4/21/2010:

HB 375
Title: AN ACT TO AMEND TITLE 8 OF THE DELAWARE CODE RELATING TO THE DELAWARE GENERAL CORPORATION LAW.

Bill History:
History: Apr 21, 2010 - Introduced and Assigned to Judiciary Committee in House

The following Legislation affecting Title 6 - Commerce and Trade was acted upon by the General Assembly on 4/21/2010:

HB 372
Title: AN ACT TO AMEND CHAPTER 18, TITLE 6 OF THE DELAWARE CODE RELATING TO THE CREATION, REGULATION, OPERATION AND DISSOLUTION OF DOMESTIC LIMITED LIABILITY COMPANIES AND THE REGISTRATION AND REGULATION OF FOREIGN LIMITED LIABILITY COMPANIES.

Synopsis:
This bill continues the practice of amending periodically the Delaware Limited Liability Company Act (the "Act") to keep it current and to maintain its national preeminence.

Bill History:

History: Apr 21, 2010 - Introduced and Assigned to Judiciary Committee in House

HB 373
Title: AN ACT TO AMEND CHAPTER 17, TITLE 6 OF THE DELAWARE CODE RELATING TO THE CREATION, REGULATION, OPERATION AND DISSOLUTION OF DOMESTIC LIMITED PARTNERSHIPS AND THE REGISTRATION AND REGULATION OF FOREIGN LIMITED PARTNERSHIPS.

Synopsis:
This bill continues the practice of amending periodically the Delaware Revised Uniform Limited Partnership Act (the "Act") to keep it current and to maintain its national preeminence.

Bill History:

History: Apr 21, 2010 - Introduced and Assigned to Judiciary Committee in House

HB 374
Title: AN ACT TO AMEND CHAPTER 15, TITLE 6 OF THE DELAWARE CODE RELATING TO THE CREATION, REGULATION, OPERATION AND DISSOLUTION OF DOMESTIC PARTNERSHIPS AND THE REGISTRATION AND REGULATION OF FOREIGN LIMITED LIABILITY PARTNERSHIPS.

Synopsis:
This bill continues the practice of amending periodically the Delaware Revised Uniform Partnership Act (the "Act") to keep it current and to maintain its national preeminence.

Bill History:

History: Apr 21, 2010 - Introduced and Assigned to Judiciary Committee in House

The following Legislation affecting Title 30 - State Taxes was acted upon by the General Assembly on 4/22/2010:

HB 380
Title: AN ACT TO AMEND TITLE 30 OF THE DELAWARE CODE RELATING TO ECONOMIC DEVELOPMENT INCENTIVES.

Synopsis:
This proposed tax credit intends to create incentives for existing businesses to partner with the State in the effort to create new employment opportunities for Delaware citizens, and to stimulate the Delaware economy by expanding the tax base. A finder’s fee, a tool used commonly by businesses, is an arrangement by which an intermediary finds, introduces, and brings together parties to a business opportunity. This bill creates a tax credit program that would award each Sponsor Firm and each New Business Firm with a $500 annual tax credit per Delaware job created by the new business, with the tax credit available for three years. The program would require that the new business be brought to Delaware as a result of the efforts of the sponsor, and would specifically exclude those business, such as real estate agents, banks and commercial landlords, that already have an incentive to bring out-of-state business to Delaware.

Bill History:

History: Apr 22, 2010 - Introduced and Assigned to Economic Development/Banking/Insurance/Commerce Committee in House

posted by Unknown at 12:33 PM - permalink 0 comments

Tuesday, April 20, 2010

Global Trade Leads Bulletin- April edition

Are you in the import or export business? Are you interested in learning about trade leads that are received from World Trade Centers and other international agencies?

The World Trade Center Delaware publishes a list of leads that can be a great resource to gain some exposure for your company or to source goods.

This month's leads include: Blood Laboratory Equipment, Dental Implants, Large Voltage Drives & Medium Voltage Drives, Show & Race Horses, Ash Lumber, Cupcakes or Medium Priced Apparel, Cabinetry and Woodwork, Resin Products, Steel Constructions, Industrial Strings and Machinery, Polluted Sand Cleaner (Oil Pipe), Art, Fine Artisan Products and Services.

Check out the current International Trade Leads Bulletin (PDF)

posted by Unknown at 8:35 AM - permalink 0 comments

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