---
type: "Bill"
title: "AN ACT TO AMEND TITLE 18 OF THE DELAWARE CODE RELATING TO VIATICAL SETTLEMENTS."
description: "This Act amends the Delaware Viatical Settlements Act by permanently removing the bond requirements for viatical settlement brokers and updating a reference to \"life settlement brokers\" by replacing it with \"viatical settlement brokers\"."
jurisdiction: "us/states/de"
legislature: "Delaware General Assembly"
session: "151"
identifier: "SB 37"
citation: "Delaware SB 37 (151)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Trey Paradee", "William Bush"]
version_count: 1
action_count: 8
vote_count: 2
first_action: "2021-01-14"
last_action: "2021-06-03"
source: "openstates"
source_identifier: "ocd-bill/a98a6270-f3f7-480d-8a0f-a1f1c84508c1"
source_url: "https://legis.delaware.gov/BillDetail?LegislationId=48297"
source_hash: "6ad2cac10fda71c98dbee44405eeba6be101eec9e9de04b137dda1d8a80ccad9"
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 37 (151) — AN ACT TO AMEND TITLE 18 OF THE DELAWARE CODE RELATING TO VIATICAL SETTLEMENTS.

This Act amends the Delaware Viatical Settlements Act by permanently removing the bond requirements for viatical settlement brokers and updating a reference to "life settlement brokers" by replacing it with "viatical settlement brokers".

## 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=48297&legislationTypeId=1&docTypeId=2&legislationName=SB37)

## Votes

- SM — **21–0** (pass) · upper
- SM — **41–0** (pass) · lower

## Sponsors

- Trey Paradee — primary (person)
- William Bush — primary (person)
- Michael F. Smith — cosponsor (person)

## Timeline

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

- **2021-01-14** Introduced and Assigned to Banking, Business & Insurance Committee in Senate `introduction, referral-committee`
- **2021-01-26** Reported Out of Committee (Banking, Business & Insurance) in Senate with 2 Favorable, 4 On Its Merits `committee-passage, committee-passage-favorable`
- **2021-01-27** Passed By Senate. Votes: 21 YES `passage`
- **2021-01-27** Assigned to Economic Development/Banking/Insurance & Commerce Committee in House `introduction, referral-committee`
- **2021-03-09** Reported Out of Committee (Economic Development/Banking/Insurance & Commerce) in House with 3 Favorable, 8 On Its Merits `committee-passage, committee-passage-favorable`
- **2021-03-26** Suspension of Rules in House
- **2021-04-01** Passed By House. Votes: 41 YES `passage`
- **2021-06-03** 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/a98a6270-f3f7-480d-8a0f-a1f1c84508c1`. Confidence: reported (aggregated from official Delaware legislature records).