---
type: "Bill"
title: "AN ACT TO AMEND TITLE 12 OF THE DELAWARE CODE RELATING TO THE CREATION, REGULATION, OPERATION, AND DISSOLUTION OF STATUTORY TRUSTS."
description: "This bill continues the practice of amending periodically the 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: "150"
identifier: "SB 244"
citation: "Delaware SB 244 (150)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Anthony Delcollo", "Bryan Townsend", "Krista Griffith", "Sean M. Lynn", "Stephanie L. Hansen", "Trey Paradee", "William Bush"]
version_count: 1
action_count: 7
vote_count: 2
first_action: "2020-06-12"
last_action: "2020-07-23"
source: "openstates"
source_identifier: "ocd-bill/9b774fcc-7e21-4e3f-94cf-733fd4217405"
source_url: "https://legis.delaware.gov/BillDetail?LegislationId=48137"
source_hash: "9547009eca0c79fd4f599dc4f6933f05e398baaefe9d7995639d50fbe13db9db"
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 244 (150) — AN ACT TO AMEND TITLE 12 OF THE DELAWARE CODE RELATING TO THE CREATION, REGULATION, OPERATION, AND DISSOLUTION OF STATUTORY TRUSTS.

This bill continues the practice of amending periodically the 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=48137&legislationTypeId=1&docTypeId=2&legislationName=SB244)

## Votes

- 2/3 — **41–0** (pass) · lower
- 2/3 — **21–0** (pass) · upper

## Sponsors

- Anthony Delcollo — primary (person)
- Bryan Townsend — primary (person)
- Krista Griffith — primary (person)
- Sean M. Lynn — primary (person)
- Stephanie L. Hansen — primary (person)
- Trey Paradee — primary (person)
- William Bush — primary (person)
- Brian Pettyjohn — cosponsor (person)
- David P. Sokola — cosponsor (person)
- Jeffrey N. Spiegelman — cosponsor (person)
- Kevin S Hensley — cosponsor (person)
- Michael Ramone — cosponsor (person)
- Raymond Seigfried — cosponsor (person)
- Sean Matthews — cosponsor (person)
- Sherry Dorsey Walker — cosponsor (person)

## Timeline

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

- **2020-06-12** Introduced and Laid on Table in Senate `introduction`
- **2020-06-23** Suspension of Rules in Senate
- **2020-06-23** Passed By Senate. Votes: 21 YES `passage`
- **2020-06-23** Assigned to Economic Development/Banking/Insurance & Commerce Committee in House `introduction, referral-committee`
- **2020-06-25** Suspension of Rules in House
- **2020-06-25** Passed By House. Votes: 41 YES `passage`
- **2020-07-23** 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/9b774fcc-7e21-4e3f-94cf-733fd4217405`. Confidence: reported (aggregated from official Delaware legislature records).