Small Business Reading Room


Friday, April 04, 2014

Are you on top of what is happening this week in Delaware Law?

The Delaware Corporate Legislation Tracker is a free service offered by our firm, designed to keep you informed on current and pending legislation related to Delaware Corporate rules, regulations, and Delaware business matters.

Here's the latest edition:




The following Legislation affecting Delaware Title 6 - Commerce and Trade and Title 8 - Corporations was acted upon by the General Assembly on 4/03/2014:




HB 265
Title:  AN ACT TO AMEND TITLE 6 AND TITLE 8 OF THE DELAWARE CODE RELATING TO VARIOUS FEES AND TAXES CHARGED 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 $250 to $300 and increases the corporation franchise tax by $100 for those corporations that file on the authorized shares method.

Bill History:


Apr 03, 2014 - Assigned to Executive Committee in Senate
Apr 03, 2014 - Passed by House of Representatives. Votes: Passed 26 YES 13 NO 0 NOT VOTING 2 ABSENT 0 VACANT
Apr 03, 2014 - Amendment HA 4 - Defeated by House of Representatives. Votes: Defeated 13 YES 26 NO 0 NOT VOTING 2 ABSENT 0 VACANT
Apr 03, 2014 - Amendment HA 4 defeated
Apr 03, 2014 - Amendment HA 4 - Introduced in House
Apr 03, 2014 - Amendment HA 3 - Passed in House by Voice Vote
Apr 03, 2014 - Amendment HA 2 - Defeated by House of Representatives. Votes: Defeated 13 YES 26 NO 0 NOT VOTING 2 ABSENT 0 VACANT
Apr 03, 2014 - Amendment HA 2 defeated
Apr 03, 2014 - Amendment HA 1 - Passed in House by Voice Vote
Apr 03, 2014 - Amendment HA 3 - Introduced and Placed With Bill
Apr 01, 2014 - Amendment HA 2 - Introduced and Placed With Bill
Mar 25, 2014 - Amendment HA 1 - Introduced and Placed With Bill
Mar 19, 2014 - Reported Out of Committee (HOUSE ADMINISTRATION) in House with 2 On Its Merits, 1 Unfavorable
Mar 18, 2014 - Introduced and Assigned to House Administration Committee in House



The following Legislation affecting Delaware Title 15 - Elections was acted upon by the General Assembly on 4/03/2014:



SB 186
Title:  AN ACT TO AMEND TITLE 15 OF THE DELAWARE CODE RELATING TO CONTRIBUTIONS BY ENTITIES TO POLITICAL COMMITTEES.

Synopsis:
This bill requires entities contribute more than $100 to a political committees during an election cycle to disclose the name and address of a “responsible party”—that is, someone who shares or exercises direction or control over the entity’s activities. In so doing, this bill provides voters with additional information about where political money comes from, so they can better decide how to cast their votes. In addition, to help political committees and contributors accurately interpret and apply the law relating to the attribution of entity contributions, this bill requires the Elections Commissioner to adopt a uniform summary of the law in this area, with illustrative examples of how the law applies in specific cases. The Elections Commissioner is required to post the summary on its web site, and political committees are required to provide the summary to entity contributors at the request of such contributors.

Bill History:

Apr 03, 2014 - Assigned to Administrative Services/Elections Committee in Senate



The following Legislation affecting Delaware Title 29 - State Government was acted upon by the General Assembly on 4/01/2014:



HB 287
Title:  AN ACT TO AMEND TITLE 29 OF THE DELAWARE CODE RELATING TO THE PREVAILING WAGE.

Synopsis:
This bill establishes a set prevailing wage rate and eliminates the need for a survey based upon certain requirements.

Bill History:

Apr 01, 2014 - Introduced and Assigned to House Administration Committee in House



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Delaware Intercorp, Inc.
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