Fabio
72 lines
4.8 KiB
Markdown
72 lines
4.8 KiB
Markdown
---
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type: "Bill"
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title: "AN ACT TO AMEND THE TOWN CHARTER OF THE TOWN OF MAGNOLIA."
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description: "This Act amends the Charter of the Town of Magnolia to update and clarify the authority of the Town to borrow money. Specifically, this Act increases the short-term borrowing limit from $15,000 to $50,000, which borrowings are to be authorized by a majority vote of the Town Council. This Act establishes procedures for the Town Council to borrow up to 15% of the assessed value of real property in the Town pursuant to a super-majority vote of the Town Council following a public hearing on the borrowing. The Town’s long-term debt limit pursuant to the favorable vote of the qualified voters is being increased from 15% to 25% of the total assessed value of real property in the Town. This Act clarifies that the owner of more than one lot in an unfinished subdivision may only vote once in a borrowing referendum. This Act makes various miscellaneous changes to internal references to establish consistency with the changes made herein."
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jurisdiction: "us/states/de"
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legislature: "Delaware General Assembly"
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session: "152"
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identifier: "HB 38"
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citation: "Delaware HB 38 (152)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: ["Charles S Postles Jr.", "Franklin D. Cooke", "Kerri Evelyn Harris"]
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version_count: 2
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action_count: 10
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vote_count: 3
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first_action: "2023-01-05"
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last_action: "2023-04-12"
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source: "openstates"
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source_identifier: "ocd-bill/0e84144f-13af-43b5-9086-759d0f937ce6"
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source_url: "https://legis.delaware.gov/BillDetail?LegislationId=129905"
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source_hash: "247c3f67ceef5f2a0f5bbfe4a040bc36266d5a3681a0d67cd7e03a6f6368fa4f"
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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 38 (152) — AN ACT TO AMEND THE TOWN CHARTER OF THE TOWN OF MAGNOLIA.
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This Act amends the Charter of the Town of Magnolia to update and clarify the authority of the Town to borrow money. Specifically, this Act increases the short-term borrowing limit from $15,000 to $50,000, which borrowings are to be authorized by a majority vote of the Town Council. This Act establishes procedures for the Town Council to borrow up to 15% of the assessed value of real property in the Town pursuant to a super-majority vote of the Town Council following a public hearing on the borrowing. The Town’s long-term debt limit pursuant to the favorable vote of the qualified voters is being increased from 15% to 25% of the total assessed value of real property in the Town. This Act clarifies that the owner of more than one lot in an unfinished subdivision may only vote once in a borrowing referendum. This Act makes various miscellaneous changes to internal references to establish consistency with the changes made herein.
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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=129905&legislationTypeId=1&docTypeId=2&legislationName=HB38)
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2. **SA 1 to HB 38** (committee substitute) — [source](http://legis.delaware.gov/json/BillDetail/GeneratePdfDocument?legislationId=130045&legislationTypeId=5&docTypeId=2)
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## Votes
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- 2/3 — **40–0** (pass) · lower
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- 2/3 — **21–0** (pass) · upper
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- 2/3 — **37–0** (pass) · lower
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## Sponsors
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- Charles S Postles Jr. — primary (person)
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- Franklin D. Cooke — primary (person)
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- Kerri Evelyn Harris — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2023-01-05** Introduced and Assigned to Administration Committee in House `introduction, referral-committee`
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- **2023-01-11** Reported Out of Committee (Administration) in House with 5 On Its Merits `committee-passage`
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- **2023-01-12** Passed By House. Votes: 37 YES 4 ABSENT `passage`
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- **2023-01-12** Assigned to Elections & Government Affairs Committee in Senate `introduction, referral-committee`
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- **2023-03-06** Amendment SA 1 to HB 38 - Introduced and Placed With Bill `amendment-introduction`
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- **2023-03-15** Reported Out of Committee (Elections & Government Affairs) in Senate with 4 On Its Merits `committee-passage`
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- **2023-03-29** Amendment SA 1 to HB 38 - Passed By Senate. Votes: 21 YES `amendment-passage`
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- **2023-03-29** Passed By Senate. Votes: 21 YES `passage`
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- **2023-03-30** Passed By House. Votes: 40 YES 1 ABSENT `passage`
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- **2023-04-12** 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/0e84144f-13af-43b5-9086-759d0f937ce6`. Confidence: reported (aggregated from official Delaware legislature records).
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