DE HB 18
enactedAN ACT TO AMEND TITLE 18 OF THE DELAWARE CODE RELATING TO LICENSING FEES AND DEPARTMENT OF INSURANCE FUNDING.
Delaware · 2025-2026 Regular Session (153rd General Assembly) · lower
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Quick answers
Did DE HB 18 pass?
Yes. DE HB 18 has been enacted into law. Latest recorded action (2025-05-07): Signed by Governor
What is DE HB 18 about?
Section 1 of this Act allows the Department of Insurance to retain a portion of the licensing fees for insurance professionals in the Regulatory Revolving Fund. Section 1 of this bill also increases the maximum unencumbered balance that the Commissioner shall maintain in the Insurance Commissioner Regulatory Revolving Fund to $5,000,000. The previous balance was set by the General Assembly in 2005. Finally, Section 1 of this Act requires that any unencumbered balance in the Regulatory Revolving Fund in excess of $5,000,000 at the end of each fiscal year be transferred to the General Fund. Section 2 of this Act increases the licensing fees for insurance professionals by $25 and makes certain technical corrections. Sections 3 and 4 of this Act centralize licensing fees within one statutory provision (§ 701). These changes are necessary to reflect the growth of the Department operating budget and to cover further operating expenses realized as a result of additional statutory duties executed by the Insurance Department. The retention of these funds will ensure that the Department continues providing high-level services to the consumers of Delaware, maintains necessary staffing to satisfy NAIC accreditation standards, and avoids federal preemption.
Who sponsors DE HB 18?
Spiros Mantzavinos, Madinah Wilson-Anton, Melanie Ross Levin and 3 others are the primary sponsors of DE HB 18, joined by 5 cosponsors.
Description
Section 1 of this Act allows the Department of Insurance to retain a portion of the licensing fees for insurance professionals in the Regulatory Revolving Fund. Section 1 of this bill also increases the maximum unencumbered balance that the Commissioner shall maintain in the Insurance Commissioner Regulatory Revolving Fund to $5,000,000. The previous balance was set by the General Assembly in 2005. Finally, Section 1 of this Act requires that any unencumbered balance in the Regulatory Revolving Fund in excess of $5,000,000 at the end of each fiscal year be transferred to the General Fund. Section 2 of this Act increases the licensing fees for insurance professionals by $25 and makes certain technical corrections. Sections 3 and 4 of this Act centralize licensing fees within one statutory provision (§ 701). These changes are necessary to reflect the growth of the Department operating budget and to cover further operating expenses realized as a result of additional statutory duties executed by the Insurance Department. The retention of these funds will ensure that the Department continues providing high-level services to the consumers of Delaware, maintains necessary staffing to satisfy NAIC accreditation standards, and avoids federal preemption.
- Introduced
- 2025-01-30
- Latest action
- 2025-05-07 — Signed by Governor
- Bill type
- bill
- Last updated
- —
Sponsors
- Spiros Mantzavinosprimary
- Madinah Wilson-Antonprimary
- Melanie Ross Levinprimary
- William Bushprimary
- Trey Paradeeprimary
- Kimberly Williamsprimary
- William Bushcosponsor
- Melanie Ross Levincosponsor
- Madinah Wilson-Antoncosponsor
- Stephanie L. Hansencosponsor
- Spiros Mantzavinoscosponsor
Committees
Not provided by source.
Action timeline
Newest first
2025-05-07
Signed by Governor
executive-signature
2025-05-06
Passed By Senate. Votes: 20 YES 1 ABSENT
passage
2025-04-09
Reported Out of Committee (Banking, Business, Insurance & Technology) in Senate with 6 On Its Merits
committee-passage
2025-03-25
Assigned to Banking, Business, Insurance & Technology Committee in Senate
introduction,referral-committee
2025-03-25
Passed By House. Votes: 39 YES 2 ABSENT
passage
2025-03-18
Reported Out of Committee (Economic Development/Banking/Insurance & Commerce) in House with 8 On Its Merits
committee-passage
2025-01-30
Introduced and Assigned to Economic Development/Banking/Insurance & Commerce Committee in House
introduction,referral-committee
Versions
Documents
Votes
3/5
2025-03-25 · pass · 39-0
Member-level votes (41)
- Stephanie T. Bolden: yes
- Frank Burns: yes
- William Bush: yes
- William J. Carson: yes
- Nnamdi O. Chukwuocha: yes
- Richard G. Collins: yes
- Franklin D. Cooke: yes
- Daniel B. Short: yes
- Timothy D. Dukes: yes
- Mara Gorman: yes
- Ronald E. Gray: yes
- Krista Griffith: yes
- Kerri Evelyn Harris: yes
- Debra Heffernan: yes
- Kevin S Hensley: yes
- Jeff Hilovsky: yes
- Valerie Jones Giltner: yes
- Kendra Johnson: yes
- Kimberly Williams: yes
- Kamela T Smith: yes
- Larry Lambert: yes
- Sean M. Lynn: yes
- Michael F. Smith: yes
- Melissa Minor-Brown: yes
- Shannon Morris: yes
- Eric Morrison: yes
- DeShanna U Neal: other
- Josue O Ortega: yes
- Edward S. Osienski: yes
- Stell Parker Selby: other
- Sophie Phillips: yes
- Charles S Postles Jr.: yes
- Cyndie Romer: yes
- Melanie Ross Levin: yes
- Sherae'a Moore: yes
- Bryan W. Shupe: yes
- Claire Snyder-Hall: yes
- Jeffrey N. Spiegelman: yes
- Jesse R. Vanderwende: yes
- Madinah Wilson-Anton: yes
- Lyndon D. Yearick: yes
3/5
2025-05-06 · pass · 20-0
Member-level votes (21)
- Darius J. Brown: yes
- Eric Buckson: yes
- Daniel Cruce: yes
- Stephanie L. Hansen: yes
- Gerald W. Hocker: yes
- Kyra L. Hoffner: yes
- Russell Huxtable: yes
- Dave G. Lawson: other
- S. Elizabeth Lockman: yes
- Spiros Mantzavinos: yes
- Trey Paradee: yes
- Brian Pettyjohn: yes
- Marie Pinkney: yes
- Nicole Poore: yes
- Bryant L. Richardson: yes
- Ray Seigfried: yes
- David P. Sokola: yes
- Laura V. Sturgeon: yes
- Bryan Townsend: yes
- John "Jack" Walsh: yes
- David L. Wilson: yes
Related bills
No related bills recorded for this bill.
Official source
Attribution
Data from openstates_api_sync, retrieved 2026-10-24T15:43:44.854203Z
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