2021-2022 Regular SessionDelaware Legislature

SB224: An Act To Amend Title 5 Of The Delaware Code Relating To Building And Loan Association Insurance Regulation.

Legislative Summary

This Act raises the threshold limit requiring a building and loan association to obtain federal deposit insurance from $10,000,000 to $15,000,000. This threshold limit was last increased in 2019. The State Bank Commissioner does not oppose this change.

Bill History

2/11/2022
Introduced and Assigned to Banking, Business & Insurance Committee in Senate
3/23/2022
Reported Out of Committee (Banking, Business & Insurance) in Senate with 5 On Its Merits
4/5/2022
Passed By Senate. Votes: 19 YES 2 ABSENT
4/6/2022
Assigned to Economic Development/Banking/Insurance & Commerce Committee in House
5/3/2022
Reported Out of Committee (Economic Development/Banking/Insurance & Commerce) in House with 7 On Its Merits
5/12/2022
Passed By House. Votes: 38 YES 3 ABSENT
6/30/2022
Signed by Governor

Roll Call Votes

House Third Reading
5/12/2022
38
Yea
0
Nay
0
Not Voting
3
Absent
Result: PASSED
Senate Third Reading
4/5/2022
19
Yea
0
Nay
0
Not Voting
2
Absent
Result: PASSED

Status Information

Current Status
Passed(6/30/2022)
Chamber
Senate
Sine DiePrior Session

Documents

Draft
Bill Text1/1/197010.6 KB