Delaware Senate Bill 94

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Spectrum: Strong Partisan Bill (Democrat 19-2)
Status: Introduced on April 19 2023 - 25% progression
Action: 2023-05-17 - Assigned to Finance Committee in Senate
Pending: Senate Finance Committee
Text: Latest bill text (Draft #1) [HTML]

The State of Delaware previously offered an employer match for state employee contributions to the deferred compensation program. The purpose of the match was to help state employees save and build wealth for retirement and to enable state government to recruit and retain talent by offering a valuable retirement savings benefit. In July 2008, during the Great Recession, the State suspended the employer match to cut costs. Every year since fiscal year 2008, the General Assembly has written in the annual appropriations bill: It is the intent of the General Assembly that this program be reinstated when funding becomes available.

An Act To Amend Title 29 Of The Delaware Code Relating To Employer Contributions To Deferred Compensation.

Sen. Charles Paradee [D]	Rep. Valerie Longhurst [D]	Rep. Sherry Dorsey Walker [D]	Sen. Darius Brown [D]
Sen. Kyle Gay [D]	Sen. Stephanie Hansen [D]	Sen. Kyra Hoffner [D]	Sen. Russ Huxtable [D]
Sen. Spiros Mantzavinos [D]	Sen. David Sokola [D]	Sen. Jack Walsh [D]	Rep. Paul Baumbach [D]
Rep. Ruth Briggs King [R]	Rep. William Bush [D]	Rep. Krista Griffith [D]	Rep. Kerri Harris [D]
Rep. Debra Heffernan [D]	Rep. Jeff Hilovsky [R]	Rep. Sean Lynn [D]	Rep. Melissa Minor-Brown [D]
Rep. Edward Osienski [D]

Date	Chamber	Action
2023-05-17		Assigned to Finance Committee in Senate
2023-05-17		Reported Out of Committee (Banking, Business, Insurance & Technology) in Senate with 2 Favorable, 6 On Its Merits
2023-04-19		Introduced and Assigned to Banking, Business, Insurance & Technology Committee in Senate

Type	Source
Summary	https://legis.delaware.gov/BillDetail?LegislationId=130198
Text	https://legis.delaware.gov/json/BillDetail/GenerateHtmlDocument?legislationId=130198&legislationTypeId=1&docTypeId=2&legislationName=SB94