Daily Report for 5/25/2023

Governor's Actions

BillCurrent StatusSponsorSynopsisTitle
HB 46SignedBushThis bill reflects the National Association of Insurance Commissioner’s revisions to the Model Credit for Reinsurance Act giving the Commissioner express regulatory authority to address the handling and treatment of reinsurance agreements entered into, directly or indirectly, with life and health insurer-affiliated captives, special purpose vehicles or similar entities, including the authority to promulgate model regulations adopted by the NAIC that are required for the Department to meet accreditation.AN ACT TO AMEND TITLE 18 OF THE DELAWARE CODE RELATING TO CREDIT FOR REINSURANCE.
HB 47SignedBushDelaware’s capital and surplus requirements for insurers have been in place for over fifty years and are currently among the lowest in the country. This bill increases the minimum amount of capital stock and free surplus an insurer must possess and maintain in order to transact business in the State of Delaware, making them more in line with other jurisdictions.AN ACT TO AMEND TITLE 18 OF THE DELAWARE CODE RELATING TO AUTHORIZATION OF INSURERS AND GENERAL REQUIREMENTS.
HB 48SignedBushThis bill expands record retention requirements for licensed producers, adjusters and appraisers from 3 to 5 years. The bill also makes technical changes to conform to the Legislative Drafting Manual. AN ACT TO AMEND TITLE 18 OF THE DELAWARE CODE RELATING TO RECORD RETENTION REQUIREMENTS.
HB 54SignedK. WilliamsCurrently, all health insurance plans subject to requirements under Delaware law must include at least 1 formulation of epinephrine autoinjectors on the lowest tier of the carrier's drug formulary for individuals who are 18 years of age or younger. This Act expands this requirement to all covered individuals, regardless of age, by January 1, 2024. This Act also makes a technical correction to §§ 3571Y of Title 18 to add standard language about applicability, which is already in § 3370D of Title 18. AN ACT TO AMEND TITLE 18, TITLE 29, AND TITLE 31 OF THE DELAWARE CODE RELATING TO INSURANCE COVERAGE OF EPINEPHRINE AUTOINJECTORS.
HB 69SignedLynnThis Act eliminates the requirement of a daily average of no less than 25 full time employees to operate a beer garden. Beer gardens are presently the only liquor establishments that have a statutory staffing requirement. This Act also includes beer gardens along with taprooms and taverns as establishments the Commissioner may deny a license if an existing same establishment is within 1200 feet, by accessible public road in an incorporated city or town, or 9/10 of a mile in an unincorporated or rural area.AN ACT TO AMEND TITLE 4 OF THE DELAWARE CODE RELATING TO BEER GARDENS.
SB 64 w/ HA 2SignedParadeeThis Act promotes increased capital investment at Delaware casinos by restructuring the table games licensing fee reduction currently received by video lottery agents to allow capital investments greater than the minimum amounts required under § 4815(b)(3)a. of Title 29 of the Delaware Code to count toward the allowable license fee reductions. For ease of administration, this Act also aligns time periods for both table games and video lottery calculations.AN ACT TO AMEND TITLE 29 OF THE DELAWARE CODE RELATING TO THE STATE LOTTERY.

New Legislation Introduced

No Introduced Legislation

Legislation Passed By Senate

No Legislation Passed By Senate

Legislation Passed By House of Representatives

No Legislation Passed By House

Senate Committee Assignments

No Senate Committee Assignments

House Committee Assignments

No House Committee Assignments

Senate Committee Report

No Senate Committee Report

House Committee Report

No House Committee Report

Senate Defeated Legislation

No Senate Defeated Legislation

House Defeated Legislation

No House Defeated Legislation

Nominations Enacted upon by the Senate

No Records