Strengthening DE's Competitiveness

Issue 9.22

June 9, 2023

THIS WEEK IN DOVER

HB104 PASSES

With nine days remaining, it was a busy week in Delaware's capital. Of note:

HB104 - PLUS: Passed the Senate and heads to the Governor for signature | Position: Support

HB154 - Delaware Personal Data Privacy Act: Passed the House and moves to the Senate for consideration | Position: Opposed and seeking amendments

HB175 - Accessible Parking Spaces: Released from House Health & Human Development Committee and now on House ready list | Position: Opposed and seeking amendments

SS1 for SB102 - Prevailing Wage: Released from House Labor Committee and assigned to House Appropriations | Position: Opposed

HB168 - Short Term Rental Tax: Released from House Revenue & Finance and now on House ready list | Position: Support

SS2 for SB72 - Tax Deduction for Membership Dues: Released from House Revenue & Finance and assigned to House Appropriations | Position: Opposed

PERMITTING, ENERGY & ENVIRONMENT, DATA PRIVACY AND MORE AT END-OF-SESSION POLICY CONFERENCE

LEADERS TALK STATE SPENDING, BUSINESS MATTERS

By Delaware Business Times

With eight session days left in the legislative calendar, Senate President Pro Tempore David Sokola and House Speaker Pete Schwartzkopf gave a top down view of the state’s financial and social issues to business leaders. Read more >

DELAWARE LAWMAKERS MEET WITH BUSINESSES

By 47abc WMDT

Lawmakers spoke with business leaders and members of the Delaware State Chamber at the End-of-Session Policy Conference. The meeting highlighted legislation makings its way through the assembly’s final days. Read more >

FROM DELAWARE BUSINESS MAGAZINE

THE COST OF CORPORATE TRANSPARENCY

The Corporate Transparency Act, a law Congress passed as part of the Defense Authorization Act of 2019, will require over 37 million businesses in the U.S. to report detailed information about their beneficial owners and managers by January 2025. Read more >

ENVIRONMENTAL POLICY IN DELAWARE

All signs point to an active year for environmental legislation. In 2022, climate change and environmental justice bills were introduced but did not pass. Sponsors of those bills have introduced new bills this year, and there is a high likelihood that some form of legislation will be enacted.

A LOWER COST WAY TO FINANCING CAPITAL PROJECTS

The federal tax code allows certain private institutions ranging from 501(c)(3) nonprofit organizations to bioenergy and other manufacturers to finance capital projects with tax-exempt bonds, which have

a lower interest rate than conventional taxable loans. Read more >

President's Message

Summertime is beach time for many Delawareans! In Sussex County, we are blessed to have months of great weather, nice sandy beaches, a wide variety of food options, and plenty of lodging and recreation choices too. Many State Chamber members are headquartered in Sussex County, while other members have operations spread about the state. Read more >