---
type: "Bill"
title: "AN ACT TO AMEND CHAPTER 38, TITLE 12 OF THE DELAWARE CODE RELATING TO THE CREATION, REGULATION, OPERATION AND DISSOLUTION OF DOMESTIC STATUTORY TRUSTS."
description: "This bill makes the following changes to Delaware Statutory Trust Act (the “Act”) to keep it current and to maintain its national preeminence. The following is a section-by-section review of the proposed amendments of the Act."
jurisdiction: "us/states/de"
legislature: "Delaware General Assembly"
session: "149"
identifier: "SB 194"
citation: "Delaware SB 194 (149)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Brian J. Bushweller", "Bryon H. Short", "Melanie George Smith"]
version_count: 1
action_count: 7
vote_count: 2
first_action: "2018-05-03"
last_action: "2018-07-23"
source: "openstates"
source_identifier: "ocd-bill/887ebba1-832d-4d91-a0ea-40d094ef99ff"
source_url: "https://legis.delaware.gov/BillDetail?LegislationId=26605"
source_hash: "edd085af1231fa3b07c9ce73b3eac182bed1a700df5b2d6ec66b27f81b21c48d"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-de"]
---

# Delaware SB 194 (149) — AN ACT TO AMEND CHAPTER 38, TITLE 12 OF THE DELAWARE CODE RELATING TO THE CREATION, REGULATION, OPERATION AND DISSOLUTION OF DOMESTIC STATUTORY TRUSTS.

This bill makes the following changes to Delaware Statutory Trust Act (the “Act”) to keep it current and to maintain its national preeminence. The following is a section-by-section review of the proposed amendments of the Act.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Bill Text** (committee substitute) — [source](https://legis.delaware.gov/json/BillDetail/GenerateHtmlDocument?legislationId=26605&legislationTypeId=1&docTypeId=2&legislationName=SB194)

## Votes

- 2/3 — **41–0** (pass) · lower
- SM — **20–0** (pass) · upper

## Sponsors

- Brian J. Bushweller — primary (person)
- Bryon H. Short — primary (person)
- Melanie George Smith — primary (person)
- Anthony Delcollo — cosponsor (person)
- Brian Pettyjohn — cosponsor (person)
- Bryan Townsend — cosponsor (person)
- Helene M. Keeley — cosponsor (person)
- Jeff N. Spiegelman — cosponsor (person)
- Kevin S Hensley — cosponsor (person)
- Sean M. Lynn — cosponsor (person)
- Stephanie L. Hansen — cosponsor (person)
- Trey Charles Paradee — cosponsor (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2018-05-03** Introduced and Assigned to Banking, Business & Insurance Committee in Senate `introduction, referral-committee`
- **2018-05-09** Reported Out of Committee (Banking, Business & Insurance) in Senate with 4 On Its Merits `committee-passage`
- **2018-05-10** Passed By Senate. Votes: 20 YES 1 ABSENT `passage`
- **2018-05-30** Assigned to Economic Development/Banking/Insurance/Commerce Committee in House `introduction, referral-committee`
- **2018-06-20** Reported Out of Committee (Economic Development/Banking/Insurance/Commerce) in House with 10 On Its Merits `committee-passage`
- **2018-06-30** Passed By House. Votes: 41 YES `passage`
- **2018-07-23** Signed by Governor `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/887ebba1-832d-4d91-a0ea-40d094ef99ff`. Confidence: reported (aggregated from official Delaware legislature records).