DE SB 74
enactedAN ACT TO AMEND CHAPTER 76, TITLE 6 OF THE DELAWARE CODE RELATING TO THE DELAWARE LEASE-PURCHASE AGREEMENT ACT.
Delaware · 2025-2026 Regular Session (153rd General Assembly) · upper
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Quick answers
Did DE SB 74 pass?
Yes. DE SB 74 has been enacted into law. Latest recorded action (2025-05-22): Signed by Governor
What is DE SB 74 about?
This Act amends Title 6 by adding "lease-purchase property" to the Delaware Lease-Purchase Agreement Act. Pursuant to the Act, "lease-purchase property" means personal property that is owned by the lessor at the time it is displayed and offered for lease-purchase to the consumer. The Act provides that, for lease-purchase property offered online and available for online sale or sale by e-commerce, a lessor may satisfy the lessor's disclosure obligations under § 7606(c) by electronic disclosure. Similarly, for personal property, other than lease-purchase property, that is offered for lease-purchase by a lessor, the lessor must disclose electronically the cash price of the item and the amount of the lease payment and the total amount of lease payments necessary to acquire ownership. These disclosures must be made before any of the disclosures required by § 7603 of the Delaware Lease-Purchase Agreement Act. Finally, the Act makes technical corrections to conform existing law to the standards of the Delaware Legislative Drafting Manual.
Who sponsors DE SB 74?
Bryant L. Richardson, John "Jack" Walsh, William Bush and 1 others are the primary sponsors of DE SB 74.
Description
This Act amends Title 6 by adding "lease-purchase property" to the Delaware Lease-Purchase Agreement Act. Pursuant to the Act, "lease-purchase property" means personal property that is owned by the lessor at the time it is displayed and offered for lease-purchase to the consumer. The Act provides that, for lease-purchase property offered online and available for online sale or sale by e-commerce, a lessor may satisfy the lessor's disclosure obligations under § 7606(c) by electronic disclosure. Similarly, for personal property, other than lease-purchase property, that is offered for lease-purchase by a lessor, the lessor must disclose electronically the cash price of the item and the amount of the lease payment and the total amount of lease payments necessary to acquire ownership. These disclosures must be made before any of the disclosures required by § 7603 of the Delaware Lease-Purchase Agreement Act. Finally, the Act makes technical corrections to conform existing law to the standards of the Delaware Legislative Drafting Manual.
- Introduced
- 2025-03-13
- Latest action
- 2025-05-22 — Signed by Governor
- Bill type
- bill
- Last updated
- —
Sponsors
- Bryant L. Richardsonprimary
- John "Jack" Walshprimary
- William Bushprimary
- Spiros Mantzavinosprimary
Committees
Not provided by source.
Action timeline
Newest first
2025-05-22
Signed by Governor
executive-signature
2025-05-06
Passed By House. Votes: 32 YES 9 ABSENT
passage
2025-04-15
Reported Out of Committee (Economic Development/Banking/Insurance & Commerce) in House with 12 On Its Merits
committee-passage
2025-04-10
Assigned to Economic Development/Banking/Insurance & Commerce Committee in House
introduction,referral-committee
2025-04-09
Passed By Senate. Votes: 20 YES 1 ABSENT
passage
2025-03-26
Reported Out of Committee (Banking, Business, Insurance & Technology) in Senate with 3 Favorable, 4 On Its Merits
committee-passage,committee-passage-favorable
2025-03-13
Introduced and Assigned to Banking, Business, Insurance & Technology Committee in Senate
introduction,referral-committee
Versions
- Bill TextCompare
Documents
Votes
SM
2025-04-09 · 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: yes
- S. Elizabeth Lockman: yes
- Spiros Mantzavinos: yes
- Trey Paradee: yes
- Brian Pettyjohn: yes
- Marie Pinkney: other
- 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
SM
2025-05-06 · pass · 32-0
Member-level votes (41)
- Stephanie T. Bolden: yes
- Frank Burns: yes
- William Bush: yes
- William J. Carson: yes
- Nnamdi O. Chukwuocha: other
- Richard G. Collins: yes
- Franklin D. Cooke: yes
- Daniel B. Short: other
- 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: other
- 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: other
- Eric Morrison: yes
- DeShanna U Neal: yes
- 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: other
- Bryan W. Shupe: yes
- Claire Snyder-Hall: yes
- Jeffrey N. Spiegelman: other
- Jesse R. Vanderwende: other
- Madinah Wilson-Anton: other
- Lyndon D. Yearick: yes
Related bills
No related bills recorded for this bill.
Official source
Attribution
Data from openstates_api_sync, retrieved 2026-08-26T22:52:09.738708Z
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