---
type: "Bill"
title: "AN ACT TO AMEND TITLE 5 OF THE DELAWARE CODE RELATING TO BUILDING AND LOAN ASSOCIATION INSURANCE REGULATION."
description: "This bill raises the threshold limit requiring a Building and Loan Association to obtain federal deposit insurance from $7 million to $10 million dollars. This amount was last raised in 2005. The State Bank Commissioner is okay with this change."
jurisdiction: "us/states/de"
legislature: "Delaware General Assembly"
session: "150"
identifier: "HB 20"
citation: "Delaware HB 20 (150)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Brian Pettyjohn", "Jesse R. Vanderwende", "Paul S. Baumbach"]
version_count: 1
action_count: 7
vote_count: 2
first_action: "2018-12-13"
last_action: "2019-05-06"
source: "openstates"
source_identifier: "ocd-bill/7ca7972c-f0fe-4f46-b5de-0de2ae3bd215"
source_url: "https://legis.delaware.gov/BillDetail?LegislationId=27044"
source_hash: "f05bb88f947323e06fe9fcf1b72e2cbb41a4026288251b6c11012a94e0620f37"
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 HB 20 (150) — AN ACT TO AMEND TITLE 5 OF THE DELAWARE CODE RELATING TO BUILDING AND LOAN ASSOCIATION INSURANCE REGULATION.

This bill raises the threshold limit requiring a Building and Loan Association to obtain federal deposit insurance from $7 million to $10 million dollars. This amount was last raised in 2005. The State Bank Commissioner is okay with this change.

## 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=27044&legislationTypeId=1&docTypeId=2&legislationName=HB20)

## Votes

- SM — **20–0** (pass) · upper
- SM — **38–0** (pass) · lower

## Sponsors

- Brian Pettyjohn — primary (person)
- Jesse R. Vanderwende — primary (person)
- Paul S. Baumbach — primary (person)
- Bryant L. Richardson — cosponsor (person)
- David L. Wilson — cosponsor (person)
- Kevin S Hensley — cosponsor (person)
- Michael Ramone — cosponsor (person)
- Raymond Seigfried — cosponsor (person)
- Shannon Morris — cosponsor (person)
- Timothy D. Dukes — cosponsor (person)

## Timeline

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

- **2018-12-13** Introduced and Assigned to Economic Development/Banking/Insurance/Commerce Committee in House `introduction, referral-committee`
- **2019-01-23** Reported Out of Committee (Economic Development/Banking/Insurance & Commerce) in House with 12 On Its Merits `committee-passage`
- **2019-03-21** Passed By House. Votes: 38 YES 3 ABSENT `passage`
- **2019-03-26** Assigned to Banking, Business & Insurance Committee in Senate `introduction, referral-committee`
- **2019-04-10** Reported Out of Committee (Banking, Business & Insurance) in Senate with 3 On Its Merits `committee-passage`
- **2019-04-16** Passed By Senate. Votes: 20 YES 1 ABSENT `passage`
- **2019-05-06** 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/7ca7972c-f0fe-4f46-b5de-0de2ae3bd215`. Confidence: reported (aggregated from official Delaware legislature records).