---
type: "Bill"
title: "AN ACT TO AMEND TITLE 5 OF THE DELAWARE CODE RELATING TO BUILDING AND LOAN ASSOCIATION INSURANCE REGULATION."
description: "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."
jurisdiction: "us/states/de"
legislature: "Delaware General Assembly"
session: "151"
identifier: "SB 224"
citation: "Delaware SB 224 (151)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Brian Pettyjohn", "Jesse R. Vanderwende"]
version_count: 1
action_count: 7
vote_count: 2
first_action: "2022-02-11"
last_action: "2022-06-30"
source: "openstates"
source_identifier: "ocd-bill/17f9328b-6595-4c91-981b-13e796ecf9b7"
source_url: "https://legis.delaware.gov/BillDetail?LegislationId=79142"
source_hash: "48a90a2ef9b98d30309ed2edf9d50f632751f2edfca5ccad718345210f5bf9db"
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 224 (151) — AN ACT TO AMEND TITLE 5 OF THE DELAWARE CODE RELATING TO BUILDING AND LOAN ASSOCIATION INSURANCE REGULATION.

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.

## 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=79142&legislationTypeId=1&docTypeId=2&legislationName=SB224)

## Votes

- SM — **38–0** (pass) · lower
- SM — **19–0** (pass) · upper

## Sponsors

- Brian Pettyjohn — primary (person)
- Jesse R. Vanderwende — primary (person)
- Daniel B. Short — cosponsor (person)
- David L. Wilson — cosponsor (person)
- Edward S. Osienski — cosponsor (person)
- Ronald E. Gray — cosponsor (person)
- Ruth Briggs King — cosponsor (person)

## Timeline

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

- **2022-02-11** Introduced and Assigned to Banking, Business & Insurance Committee in Senate `introduction, referral-committee`
- **2022-03-23** Reported Out of Committee (Banking, Business & Insurance) in Senate with 5 On Its Merits `committee-passage`
- **2022-04-05** Passed By Senate. Votes: 19 YES 2 ABSENT `passage`
- **2022-04-06** Assigned to Economic Development/Banking/Insurance & Commerce Committee in House `introduction, referral-committee`
- **2022-05-03** Reported Out of Committee (Economic Development/Banking/Insurance & Commerce) in House with 7 On Its Merits `committee-passage`
- **2022-05-12** Passed By House. Votes: 38 YES 3 ABSENT `passage`
- **2022-06-30** 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/17f9328b-6595-4c91-981b-13e796ecf9b7`. Confidence: reported (aggregated from official Delaware legislature records).