This week a few bills of interest were worked on in Dover. SB13, related to abandoned property, passed the House and now awaits Governor Carney’s signature. The bill is a substantial rewrite of how the state of Delaware will handle abandoned property, and includes direction for the Division of Revenue to promulgate new rules clarifying how estimation and extrapolation methodology will be utilized in audits. We expect there to be a second related bill later this session to address a few technical issues not addressed in the first bill, such as how virtual currency will be handled.
Also of interest was the slate of cabinet nominees confirmed by the Senate, including Brigadier General Carol Timmons as Delaware’s new Adjutant General for the National Guard, Susan Bunting as the new Secretary of Education, and Michael Scuse as the new Secretary of Agriculture. A full list of confirmed names can be found here. (Note that the nominee for DNREC, Shawn Garvin, was not confirmed on Wednesday.)
For the next six weeks, the General Assembly is on break for Joint Finance Committee (JFC) hearings to be held. These are the markups that help the JFC set next year’s budget, and members have promised a deeper dive review on how agencies are spending their money. Also, the special election to fill the vacancy left by Bethany Hall-Long when she left the Senate to be Lt. Governor will be held on February 25th. This election will determine which party has control of the Senate when they return in March.