Fabio
67 lines
3.6 KiB
Markdown
67 lines
3.6 KiB
Markdown
---
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type: "Bill"
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title: "AN ACT TO AMEND TITLE 18 OF THE DELAWARE CODE RELATING TO INSURANCE INVESTMENTS."
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description: "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."
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jurisdiction: "us/states/de"
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legislature: "Delaware General Assembly"
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session: "151"
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identifier: "HB 168"
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citation: "Delaware HB 168 (151)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: ["Spiros Mantzavinos", "William Bush"]
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version_count: 1
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action_count: 7
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vote_count: 2
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first_action: "2021-06-29"
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last_action: "2022-06-14"
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source: "openstates"
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source_identifier: "ocd-bill/76c21c30-3f01-4f4f-9b46-134d4f11ee75"
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source_url: "https://legis.delaware.gov/BillDetail?LegislationId=79016"
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source_hash: "847f1c50b306110b0ddfd241f5172cb6793f27fee939eecf40e905d57db956dd"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-de"]
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---
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# Delaware HB 168 (151) — AN ACT TO AMEND TITLE 18 OF THE DELAWARE CODE RELATING TO INSURANCE INVESTMENTS.
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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.
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **Bill Text** (committee substitute) — [source](https://legis.delaware.gov/json/BillDetail/GenerateHtmlDocument?legislationId=79016&legislationTypeId=6&docTypeId=2&legislationName=HS1forHB168)
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## Votes
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- SM — **21–0** (pass) · upper
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- SM — **36–0** (pass) · lower
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## Sponsors
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- Spiros Mantzavinos — primary (person)
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- William Bush — primary (person)
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- John "Jack" Walsh — cosponsor (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **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`
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- **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`
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- **2022-03-17** Passed By House. Votes: 36 YES 5 ABSENT `passage`
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- **2022-03-17** Assigned to Banking, Business & Insurance Committee in Senate `introduction, referral-committee`
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- **2022-03-23** Reported Out of Committee (Banking, Business & Insurance) in Senate with 1 Favorable, 4 On Its Merits `committee-passage, committee-passage-favorable`
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- **2022-05-11** Passed By Senate. Votes: 21 YES `passage`
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- **2022-06-14** Signed by Governor `executive-signature`
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/76c21c30-3f01-4f4f-9b46-134d4f11ee75`. Confidence: reported (aggregated from official Delaware legislature records).
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