a43f31b272
Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
69 lines
3.8 KiB
Markdown
69 lines
3.8 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 MERGERS OR CONSOLIDATION OF INSURERS."
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description: "This bill requires that the Commissioner’s retention of any outside attorneys, actuaries, accountants, and other experts in the review of any application for merger or consolidation of a domestic insurer be at the expense of the party applying for such merger or consolidation. This bill aligns the payment of the Commissioner’s expenses for mergers and consolidations with other acquisitions under Chapter 50 of Title 18 of the Delaware Code. This bill also makes technical changes to conform to the requirements of the Delaware Legislative Drafting Manual."
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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 323"
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citation: "Delaware HB 323 (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: "2022-03-03"
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last_action: "2022-06-14"
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source: "openstates"
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source_identifier: "ocd-bill/30aeb2e6-bab1-423e-b572-93f3eb69c4e9"
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source_url: "https://legis.delaware.gov/BillDetail?LegislationId=79167"
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source_hash: "3d6faff5eccf3c9c1bb858e057f748b403cbfb8d59c1397a8c0ca0dbdb53dcfd"
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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 323 (151) — AN ACT TO AMEND TITLE 18 OF THE DELAWARE CODE RELATING TO MERGERS OR CONSOLIDATION OF INSURERS.
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This bill requires that the Commissioner’s retention of any outside attorneys, actuaries, accountants, and other experts in the review of any application for merger or consolidation of a domestic insurer be at the expense of the party applying for such merger or consolidation. This bill aligns the payment of the Commissioner’s expenses for mergers and consolidations with other acquisitions under Chapter 50 of Title 18 of the Delaware Code. This bill also makes technical changes to conform to the requirements of the Delaware Legislative Drafting Manual.
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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=79167&legislationTypeId=1&docTypeId=2&legislationName=HB323)
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## Votes
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- SM — **20–0** (pass) · upper
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- SM — **40–0** (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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- Bruce C. Ennis — cosponsor (person)
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- Ernesto B. Lopez — cosponsor (person)
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- Michael Ramone — cosponsor (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2022-03-03** Introduced and Assigned to Economic Development/Banking/Insurance & Commerce Committee in House `introduction, referral-committee`
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- **2022-03-09** Reported Out of Committee (Economic Development/Banking/Insurance & Commerce) in House with 2 Favorable, 8 On Its Merits `committee-passage, committee-passage-favorable`
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- **2022-03-15** Passed By House. Votes: 40 YES 1 ABSENT `passage`
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- **2022-03-15** 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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- **2022-05-04** Passed By Senate. Votes: 20 YES 1 ABSENT `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/30aeb2e6-bab1-423e-b572-93f3eb69c4e9`. Confidence: reported (aggregated from official Delaware legislature records).
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