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type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags
type title description jurisdiction legislature session identifier citation classification subjects status primary_sponsors version_count action_count vote_count first_action last_action source source_identifier source_url source_hash vintage source_snapshot retrieved_at confidence tags
Bill AN ACT TO AMEND TITLE 18 OF THE DELAWARE CODE RELATING TO INSURANCE INVESTMENTS. This bill would allow insurance companies to invest in mortgages on long-term leaseholds in the jurisdictions approved by the Department of Insurance. It is the intent of the Department of Insurance that the first approved jurisdiction be the United Kingdom. In the United Kingdom real estate typically is held not in fee simple (like the US) but long-term land leases. Thirty three other states including Maryland, New Jersey, and New York have similar statues. us/states/de Delaware General Assembly 151 HB 168 Delaware HB 168 (151)
bill
enacted
Spiros Mantzavinos
William Bush
1 7 2 2021-06-29 2022-06-14 openstates ocd-bill/76c21c30-3f01-4f4f-9b46-134d4f11ee75 https://legis.delaware.gov/BillDetail?LegislationId=79016 847f1c50b306110b0ddfd241f5172cb6793f27fee939eecf40e905d57db956dd 2026-07-01 https://data.openstates.org/daily/2026-07-01/public.pgdump 2026-07-06 reported
legislation
bill
us-de

Delaware HB 168 (151) — AN ACT TO AMEND TITLE 18 OF THE DELAWARE CODE RELATING TO INSURANCE INVESTMENTS.

This bill would allow insurance companies to invest in mortgages on long-term leaseholds in the jurisdictions approved by the Department of Insurance. It is the intent of the Department of Insurance that the first approved jurisdiction be the United Kingdom. In the United Kingdom real estate typically is held not in fee simple (like the US) but long-term land leases. Thirty three other states including Maryland, New Jersey, and New York have similar statues.

Version chain

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

  1. Bill Text (committee substitute) — source

Votes

  • SM — 210 (pass) · upper
  • SM — 360 (pass) · lower

Sponsors

  • Spiros Mantzavinos — primary (person)
  • William Bush — primary (person)
  • John "Jack" Walsh — cosponsor (person)

Timeline

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

  • 2021-06-29 Adopted in lieu of the original bill HB 168, and Assigned to Economic Development/Banking/Insurance & Commerce Committee in House introduction, referral-committee
  • 2022-01-18 Reported Out of Committee (Economic Development/Banking/Insurance & Commerce) in House with 1 Favorable, 7 On Its Merits committee-passage, committee-passage-favorable
  • 2022-03-17 Passed By House. Votes: 36 YES 5 ABSENT passage
  • 2022-03-17 Assigned to Banking, Business & Insurance Committee in Senate introduction, referral-committee
  • 2022-03-23 Reported Out of Committee (Banking, Business & Insurance) in Senate with 1 Favorable, 4 On Its Merits committee-passage, committee-passage-favorable
  • 2022-05-11 Passed By Senate. Votes: 21 YES passage
  • 2022-06-14 Signed by Governor executive-signature

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/76c21c30-3f01-4f4f-9b46-134d4f11ee75. Confidence: reported (aggregated from official Delaware legislature records).