Bill Sponsor
Delaware House Bill 371
Session 152
An Act To Amend Title 18 Of The Delaware Code Relating To The State Fire Prevention Commission, Fire Companies Or Departments, And The State Insurance Coverage Office.
Became Law
Became Law
Signed by Governor on Oct 29, 2024
Sponsorship by Party
Republican
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Democrat
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Democrat
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Democrat
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Democrat
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Democrat
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Republican
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Summary
This Act changes how the Insurance Commissioner and the State Treasurer provide for distributions from taxes collected by the Insurance Commissioner to be made to fire companies or departments in Delaware. The current method for reporting, calculating, and making distributions to fire companies or departments is complex to administer and can lead to incorrect payments. This Act simplifies the reporting process and provides a new method for calculating the funds distributed to fire departments and companies in the City of Wilmington, New Castle County outside of Wilmington, Kent County, and Sussex County. Specifically, it reduces the number of payments per year from two to one, gives the Insurance Commissioner more time to ensure the accuracy of insurer-reported financial data, and establishes detailed guidelines for how the funds should be distributed to the various fire companies or departments. This Act also makes changes to the reporting requirements related to payments made by the State Treasurer to the State Insurance Coverage Office. In addition, this Act amends the requirement related to the Delaware Volunteer Firefighter’s Association (“DVFA”) annual report to the Insurance Commissioner. This requirement is being amended because contrary to what the current statute states, the Insurance Commissioner does not use the report to calculate funding under this section. DVFA is now also required to send its annual report, which details the locations, apparatuses, and equipment maintained for its member fire companies or departments, to the State Fire Prevention Commission. This Act also makes technical corrections to conform existing law to the standards of the Delaware Legislative Drafting Manual. This Act is effective January 1, 2025.
Actions (7)
10/29/2024
Office of the Governor
Signed by Governor
06/27/2024
Senate
Passed By Senate. Votes: 20 YES 1 ABSENT
06/12/2024
Senate
Reported Out of Committee (Banking, Business, Insurance & Technology) in Senate with 4 Favorable, 1 On Its Merits
05/16/2024
Senate
Assigned to Banking, Business, Insurance & Technology Committee in Senate
05/16/2024
House
Passed By House. Votes: 39 YES 2 ABSENT
04/23/2024
House
Reported Out of Committee (Economic Development/Banking/Insurance & Commerce) in House with 3 Favorable, 7 On Its Merits
04/11/2024
House
Introduced and Assigned to Economic Development/Banking/Insurance & Commerce Committee in House
Sources
Record Created
Apr 11, 2024 7:01:47 PM
Record Updated
Nov 18, 2024 4:31:12 PM