Delaware Senate Bill 242 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Moderate Partisan Bill (Democrat 19-6)
Status: Passed on August 8 2018 - 100% progression
Action: 2018-08-08 - Signed by Governor
Text: Latest bill text (Engrossed) [HTML]

This Act creates Pay for Success contracts. A Pay for Success contract is an agreement between a State agency and either a program intermediary or an investor under which an investor will provide upfront capital to fund a service, program, or economic development initiative. The State agency agrees to repay the program intermediary or investor if the service, program, or economic development initiative meets the performance measures and outcomes agreed to in the contract. An independent evaluator will determine if the performance measures and outcomes are met.

An Act To Amend Title 29 Of The Delaware Code Relating To Pay For Success Contracts.

Sen. Jack Walsh [D]	Rep. Kimberly Williams [D]	Sen. Anthony Delcollo [R]	Sen. Bruce Ennis [D]
Sen. Stephanie Hansen [D]	Sen. Gerald Hocker [R]	Sen. Gregory Lavelle [R]	Sen. Robert Marshall [D]
Sen. Brian Pettyjohn [R]	Sen. Nicole Poore [D]	Sen. Bryan Townsend [D]	Rep. Andria Bennett [D]
Rep. Stephanie Bolden [D]	Rep. Gerald Brady [D]	Rep. Helene Keeley [D]	Rep. John Kowalko [D]
Rep. Sean Lynn [D]	Rep. Sean Matthews [D]	Rep. John Mitchell [D]	Rep. Michael Mulrooney [D]
Rep. Edward Osienski [D]	Rep. Michael Ramone [R]	Rep. Bryon Short [D]	Rep. Melanie Smith [D]
Rep. Jeffrey Spiegelman [R]

2018-06-28 - House - House Third Reading (Y: 39 N: 1 NV: 0 Abs: 1) [PASS]
2018-06-14 - Senate - Senate Third Reading (Y: 18 N: 0 NV: 0 Abs: 3) [PASS]

Date	Chamber	Action
2018-08-08		Signed by Governor
2018-06-28		Passed By House. Votes: 39 YES 1 NO 1 ABSENT
2018-06-27		Reported Out of Committee (Administration) in House with 5 On Its Merits
2018-06-15		Assigned to Administration Committee in House
2018-06-14		Passed By Senate. Votes: 18 YES 3 ABSENT
2018-06-14		Amendment SA 1 to SB 242 - Passed By Senate. Votes: 17 YES 4 ABSENT
2018-06-13		Reported Out of Committee (Elections & Government Affairs) in Senate with 3 On Its Merits
2018-06-12		Introduced and Assigned to Elections & Government Affairs Committee in Senate

Type	Source
Summary	http://legis.delaware.gov/BillDetail?LegislationId=26807
Text	http://legis.delaware.gov/json/BillDetail/GenerateHtmlDocument?legislationId=26807&legislationTypeId=1&docTypeId=2&legislationName=SB242
Text	http://legis.delaware.gov/json/BillDetail/GenerateHtmlDocumentEngrossment?engrossmentId=13239&docTypeId=6
Roll Call	http://legis.delaware.gov/json/RollCall/GetRollCallVoteByRollCallId#29876
Roll Call	http://legis.delaware.gov/json/RollCall/GetRollCallVoteByRollCallId#30180