DE HB451 | 2017-2018 | 149th General Assembly

Status

Completed Legislative Action
Spectrum: Bipartisan Bill
Status: Passed on September 13 2018 - 100% progression
Action: 2018-09-13 - Signed by Governor
Text: Latest bill text (Engrossed) [HTML]

Summary

This Act stabilizes revenue for the Hazardous Substances Cleanup Act ("HSCA") Fund ("the Fund") by minimizing the wide swings in revenue due to oil prices changes. Under this Act, the Department of Natural Resources and Environmental Control ("the Department") is prevented from receiving a revenue windfall when oil prices rise, while minimum funding for the Brownfields Grant Program is protected when oil prices are low. The legislation ties HSCA funding to a median benchmark and authorizes the Division of Revenue to adjust the tax rate up or down for the following year to smooth the revenue stream and avoid the roller coaster effect of oil price changes.

Tracking Information

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Title

An Act To Amend Title 7 Relating To The Hazardous Substance Cleanup Act.

Sponsors


Roll Calls

2018-07-01 - Senate - Senate Third Reading (Y: 13 N: 8 NV: 0 Abs: 0) [PASS]
2018-06-26 - House - House Third Reading (Y: 40 N: 0 NV: 0 Abs: 1) [PASS]

History

DateChamberAction
2018-09-13 Signed by Governor
2018-07-01 Passed By Senate. Votes: 13 YES 8 NO
2018-07-01 Lifted From Table in Senate
2018-06-30 Laid On Table in Senate
2018-06-26 Assigned to Environmental, Natural Resources & Energy Committee in Senate
2018-06-26 Passed By House. Votes: 40 YES 1 ABSENT
2018-06-26 Amendment HA 1 to HB 451 - Passed In House by Voice Vote
2018-06-26 Amendment HA 1 to HB 451 - Introduced and Placed With Bill
2018-06-20 Reported Out of Committee (Sunset Committee (Policy Analysis & Government Accountability)) in House with 4 On Its Merits
2018-06-12 Introduced and Assigned to Sunset Committee (Policy Analysis & Government Accountability) Committee in House

Delaware State Sources


Bill Comments

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