This Act continues the reforms enacted over the past 4 years by restructuring Chapter 11 of Title 12, and adopting in substance many provisions from the 2016 Revised Uniform Unclaimed Property Act promulgated by the Uniform Law Commission. In addition, this Act adopts certain recommendations from the Delaware Unclaimed Property Task Force formed under Senate Concurrent Resolution No. 59 of the 147th General Assembly, and makes significant changes to the State’s unclaimed property law to bring greater predictability, efficiency, and fairness to the State's unclaimed property reporting process and compliance initiatives. More specifically, these changes include reducing the look-back period of all voluntary disclosure agreements and audits to 10 report years, and creating a 10 year statute of limitations for the State to seek payment of unclaimed property due to the State. In addition, this legislation aligns the State’s record retention requirement for companies with the statute of limitations and look back period, which brings State law into conformity with a majority of other states. This Act also offers any company currently under audit prior to July 22, 2015, the opportunity to convert their audit into a voluntary disclosure agreement by entering into the Secretary of State Voluntary Disclosure Agreement program. All companies who received a notice of examination and are currently under audit as of the effective date of this Act will have the opportunity to engage in an expedited audit review process. Finally, this Act mandates that interest be assessed on any late-filed unclaimed property, as a means to incentivize voluntary compliance.
Total votes
2,122
all sessions
Attendance
97%
63 missed
Higher than 82% of chamber peers
With party
99%
of cast votes
Higher than 82% of chamber peers
Bipartisan score
0%
crosses aisle rarely
Lower than 86% of chamber peers
Sponsored
981
bills & resolutions
Higher than 85% of chamber peers
Committees
0
assignments
981 bills and resolutions
Sponsored bills
Total
981
Primary
795
Co-sponsor
186
This page
981
matching current filters
AN ACT TO AMEND TITLES 12 AND 25 OF THE DELAWARE CODE RELATING TO ABANDONED OR UNCLAIMED PROPERTY.
Signed into law Feb 2, 2017
1 co-sponsor
REJECTING IN ITS ENTIRETY THE REPORT OF THE DELAWARE COMPENSATION COMMISSION.
This joint resolution rejects the report of the Delaware Compensation Commission in its entirety.
Signed into law Feb 2, 2017
0 co-sponsors
RELATING TO THE ELECTION OF OFFICERS OF THE HOUSE OF REPRESENTATIVES.
This Joint Resolution designates Sheri J. Knott as Bill Clerk of the House of Representatives and Dolores Michels as Assistant Bill Clerk of the House of Representative to serve at the pleasure of the House of Representatives.
Signed into law Feb 2, 2017
0 co-sponsors
RECOGNIZING THE EASTERSEALS/ CAI VOLLEYBALL CHALLENGE AND THE VOLLEYBALL AMBASSADOR, JOURNEY PARSON, IN THE 12TH YEAR OF DEMOCRAT AND REPUBLICAN TEAM PARTICIPATION.
This resolution recognizes the Easterseals/ CAI Volleyball Challenge occurring February 24-26, 2017, at William Penn High School, an event that raises funds for an organization providing services and support to Delawareans with disabilities or special needs and their families.
Passed Jan 26, 2017
0 co-sponsors
In committee Jan 12, 2017
1 co-sponsor
AN ACT MAKING APPROPRIATIONS FOR THE EXPENSE OF THE STATE GOVERNMENT FOR THE FISCAL YEAR ENDING JUNE 30, 2018; SPECIFYING CERTAIN PROCEDURES, CONDITIONS AND LIMITATIONS FOR THE EXPENDITURE OF SUCH FUNDS; AND AMENDING CERTAIN PERTINENT STATUTORY PROVISIONS.
This Bill is the Fiscal Year 2018 Appropriation Act.
Introduced Jan 12, 2017
1 co-sponsor
Passed Jan 11, 2017
1 co-sponsor
Passed Jan 10, 2017
0 co-sponsors
Passed Jan 10, 2017
0 co-sponsors
Passed Jan 10, 2017
0 co-sponsors
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