Fabio
73 lines
3.8 KiB
Markdown
73 lines
3.8 KiB
Markdown
---
|
||
type: "Bill"
|
||
title: "AN ACT TO AMEND TITLE 6 OF THE DELAWARE CODE RELATING TO THE INVESTOR PROTECTION FUND."
|
||
description: "This bill increases the amount of funds deposited into the Investor Protection Fund from money collected by the Investor Protection Unit from $100,000 to $550,000. In addition, it increases the retention cap of the Investor Protection Fund from $300,000 to $750,000. Lastly, it expands the permissible uses of the Investor Protection Fund to include expenses of the Fraud and Consumer Protection Division of the Department of Justice (DOJ) related to consumer protection and financial fraud."
|
||
jurisdiction: "us/states/de"
|
||
legislature: "Delaware General Assembly"
|
||
session: "151"
|
||
identifier: "SB 259"
|
||
citation: "Delaware SB 259 (151)"
|
||
classification: ["bill"]
|
||
subjects: []
|
||
status: "enacted"
|
||
primary_sponsors: ["Krista Griffith", "Kyle Evans Gay"]
|
||
version_count: 1
|
||
action_count: 8
|
||
vote_count: 2
|
||
first_action: "2022-04-11"
|
||
last_action: "2022-08-04"
|
||
source: "openstates"
|
||
source_identifier: "ocd-bill/8163bbc6-6ac2-4bb6-af5f-4004b749d3ac"
|
||
source_url: "https://legis.delaware.gov/BillDetail?LegislationId=99342"
|
||
source_hash: "35ca67091d8280aa7cc6e6e1d0f011561d214ecf6255f977abcd34d45296fa20"
|
||
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 259 (151) — AN ACT TO AMEND TITLE 6 OF THE DELAWARE CODE RELATING TO THE INVESTOR PROTECTION FUND.
|
||
|
||
This bill increases the amount of funds deposited into the Investor Protection Fund from money collected by the Investor Protection Unit from $100,000 to $550,000. In addition, it increases the retention cap of the Investor Protection Fund from $300,000 to $750,000. Lastly, it expands the permissible uses of the Investor Protection Fund to include expenses of the Fraud and Consumer Protection Division of the Department of Justice (DOJ) related to consumer protection and financial fraud.
|
||
|
||
## 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=99342&legislationTypeId=1&docTypeId=2&legislationName=SB259)
|
||
|
||
## Votes
|
||
|
||
- SM — **20–0** (pass) · upper
|
||
- SM — **41–0** (pass) · lower
|
||
|
||
## Sponsors
|
||
|
||
- Krista Griffith — primary (person)
|
||
- Kyle Evans Gay — primary (person)
|
||
- Bruce C. Ennis — cosponsor (person)
|
||
- David P. Sokola — cosponsor (person)
|
||
- Edward S. Osienski — cosponsor (person)
|
||
- John L. Mitchell — cosponsor (person)
|
||
- Kendra Johnson — cosponsor (person)
|
||
- Ruth Briggs King — cosponsor (person)
|
||
|
||
## Timeline
|
||
|
||
The legislative action history — every referral, reading, and vote.
|
||
|
||
- **2022-04-11** Introduced and Assigned to Banking, Business & Insurance Committee in Senate `introduction, referral-committee`
|
||
- **2022-04-12** Re-Assigned to Judiciary Committee in Senate `introduction, referral-committee`
|
||
- **2022-06-08** Reported Out of Committee (Judiciary) in Senate with 2 Favorable, 3 On Its Merits `committee-passage, committee-passage-favorable`
|
||
- **2022-06-08** Passed By Senate. Votes: 20 YES 1 ABSENT `passage`
|
||
- **2022-06-09** Assigned to Economic Development/Banking/Insurance & Commerce Committee in House `introduction, referral-committee`
|
||
- **2022-06-14** Reported Out of Committee (Economic Development/Banking/Insurance & Commerce) in House with 11 On Its Merits `committee-passage`
|
||
- **2022-06-29** Passed By House. Votes: 41 YES `passage`
|
||
- **2022-08-04** 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/8163bbc6-6ac2-4bb6-af5f-4004b749d3ac`. Confidence: reported (aggregated from official Delaware legislature records).
|
||
|