Fabio
70 lines
4.5 KiB
Markdown
70 lines
4.5 KiB
Markdown
---
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type: "Bill"
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title: "AN ACT TO AMEND TITLE 12 OF THE DELAWARE CODE RELATING TO UNCLAIMED PROPERTY."
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description: "This Act adopts an express reporting requirement for virtual currency, with an exemption for game-related digital content with minimal or no value; defines virtual currency and game-related digital content; requires the liquidation of and conversion to U.S. dollars of virtual currency prior to reporting and remitting this property to the State; and limits the exposure of both the State and the reporting holder to claims by the putative owners of this property type for subsequent gains in value, given the volatility inherent in this property type’s value. Liquidation of and conversion to U.S. dollars of virtual currency prior to reporting and remitting also promotes ease of administration and the return of the cash value to owners. This Act incorporates in part some of the concepts from the 2016 Revised Uniform Unclaimed Property Act promulgated by the Uniform Law Commission, as well as legislation adopted by Kentucky in 2019."
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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: "SB 103"
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citation: "Delaware SB 103 (151)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: ["Bryan Townsend", "Kyle Evans Gay", "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: "2021-04-14"
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last_action: "2021-06-30"
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source: "openstates"
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source_identifier: "ocd-bill/805577c1-1213-486f-b0a7-31d790f21f39"
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source_url: "https://legis.delaware.gov/BillDetail?LegislationId=58557"
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source_hash: "dc79c7cda42b1983d38de0cd1b63dd4932a20a0802a928f6235a3fb46874db44"
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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 SB 103 (151) — AN ACT TO AMEND TITLE 12 OF THE DELAWARE CODE RELATING TO UNCLAIMED PROPERTY.
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This Act adopts an express reporting requirement for virtual currency, with an exemption for game-related digital content with minimal or no value; defines virtual currency and game-related digital content; requires the liquidation of and conversion to U.S. dollars of virtual currency prior to reporting and remitting this property to the State; and limits the exposure of both the State and the reporting holder to claims by the putative owners of this property type for subsequent gains in value, given the volatility inherent in this property type’s value. Liquidation of and conversion to U.S. dollars of virtual currency prior to reporting and remitting also promotes ease of administration and the return of the cash value to owners. This Act incorporates in part some of the concepts from the 2016 Revised Uniform Unclaimed Property Act promulgated by the Uniform Law Commission, as well as legislation adopted by Kentucky in 2019.
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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=58557&legislationTypeId=1&docTypeId=2&legislationName=SB103)
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## Votes
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- SM — **19–0** (pass) · upper
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- SM — **40–1** (pass) · lower
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## Sponsors
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- Bryan Townsend — primary (person)
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- Kyle Evans Gay — primary (person)
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- William Bush — primary (person)
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- Gerald L. Brady — cosponsor (person)
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- Paul S. Baumbach — cosponsor (person)
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- Trey Paradee — cosponsor (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2021-04-14** Introduced and Assigned to Banking, Business & Insurance Committee in Senate `introduction, referral-committee`
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- **2021-05-13** Reported Out of Committee (Banking, Business & Insurance) in Senate with 5 On Its Merits `committee-passage`
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- **2021-05-18** Passed By Senate. Votes: 19 YES 2 ABSENT `passage`
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- **2021-05-19** Assigned to Economic Development/Banking/Insurance & Commerce Committee in House `introduction, referral-committee`
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- **2021-06-09** Reported Out of Committee (Economic Development/Banking/Insurance & Commerce) in House with 1 Favorable, 9 On Its Merits `committee-passage, committee-passage-favorable`
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- **2021-06-23** Passed By House. Votes: 40 YES 1 NO `passage`
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- **2021-06-30** 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/805577c1-1213-486f-b0a7-31d790f21f39`. Confidence: reported (aggregated from official Delaware legislature records).
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