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---
type: "Bill"
title: "AN ACT TO AMEND TITLE 29 OF THE DELAWARE CODE RELATING TO BUDGET AND FISCAL REGULATIONS, ESTABLISHING A BUDGET STABILIZATION FUND, DEFINING DEPOSIT AND WITHDRAWAL STANDARDS FOR THE FUND, AND IMPOSING DEPOSIT AND WITHDRAWAL NORMS THROUGHOUT THE ANNUAL GOVERNORS RECOMMENDED BUDGET PROCESS."
description: "This Act is the statutory recognition of the recommendations set forth in the June 2, 2023, report of the DEFAC Benchmark Evaluation and Review Panel."
jurisdiction: "us/states/de"
legislature: "Delaware General Assembly"
session: "152"
identifier: "SB 270"
citation: "Delaware SB 270 (152)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Brian Pettyjohn", "Bryant L. Richardson", "Daniel B. Short", "David L. Wilson", "David P. Sokola", "John \"Jack\" Walsh", "Michael Ramone", "Paul S. Baumbach", "Peter C. Schwartzkopf", "Stell Parker Selby", "Trey Paradee", "Valerie Longhurst"]
version_count: 1
action_count: 7
vote_count: 2
first_action: "2024-04-16"
last_action: "2024-06-30"
source: "openstates"
source_identifier: "ocd-bill/47f152f1-8e53-43e7-b6ee-8ff0eb528422"
source_url: "https://legis.delaware.gov/BillDetail?LegislationId=141209"
source_hash: "68aa11d8f0df72381dfba5f824efc907c41226305bf1a20603057a3ca6c03ed9"
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 270 (152) — AN ACT TO AMEND TITLE 29 OF THE DELAWARE CODE RELATING TO BUDGET AND FISCAL REGULATIONS, ESTABLISHING A BUDGET STABILIZATION FUND, DEFINING DEPOSIT AND WITHDRAWAL STANDARDS FOR THE FUND, AND IMPOSING DEPOSIT AND WITHDRAWAL NORMS THROUGHOUT THE ANNUAL GOVERNORS RECOMMENDED BUDGET PROCESS.
This Act is the statutory recognition of the recommendations set forth in the June 2, 2023, report of the DEFAC Benchmark Evaluation and Review Panel.
## 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=141209&legislationTypeId=1&docTypeId=2&legislationName=SB270)
## Votes
- SM — **400** (pass) · lower
- SM — **200** (pass) · upper
## Sponsors
- Brian Pettyjohn — primary (person)
- Bryant L. Richardson — primary (person)
- Daniel B. Short — primary (person)
- David L. Wilson — primary (person)
- David P. Sokola — primary (person)
- John "Jack" Walsh — primary (person)
- Michael Ramone — primary (person)
- Paul S. Baumbach — primary (person)
- Peter C. Schwartzkopf — primary (person)
- Stell Parker Selby — primary (person)
- Trey Paradee — primary (person)
- Valerie Longhurst — primary (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2024-04-16** Introduced and Assigned to Executive Committee in Senate `introduction, referral-committee`
- **2024-05-08** Reported Out of Committee (Executive) in Senate with 2 Favorable, 3 On Its Merits `committee-passage, committee-passage-favorable`
- **2024-06-18** Passed By Senate. Votes: 20 YES 1 ABSENT `passage`
- **2024-06-20** Assigned to Administration Committee in House `introduction, referral-committee`
- **2024-06-25** Reported Out of Committee (Administration) in House with 5 On Its Merits `committee-passage`
- **2024-06-30** Passed By House. Votes: 40 YES 1 ABSENT `passage`
- **2024-06-30** 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/47f152f1-8e53-43e7-b6ee-8ff0eb528422`. Confidence: reported (aggregated from official Delaware legislature records).