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DE SB140

Bill

Official Source

Status

Introduced

1/10/2018

Primary Sponsor

Bryan Townsend

Click for details

Origin

Senate

149th General Assembly

AI Summary

  • Proposes an amendment to Article VIII of the Delaware Constitution to restrict expenditures from special funds created after January 1, 2018
  • Applies only to special funds that fund capital projects with a dedicated revenue source and contain limitations on non-capital operating or administrative expenses
  • Prohibits exceeding the designated spending limits except through a General Assembly act requiring three-fourths supermajority approval in both chambers
  • Requires any override legislation to be separate from annual budget acts, bond and capital improvement acts, or grants-in-aid acts
  • Creates a "lock box" mechanism on eligible special funds that can only be opened through legislative action meeting the supermajority threshold

Legislative Description

An Act Proposing An Amendment To The Delaware Constitution Relating To Restrictions On The Expenditure Of Moneys In Certain Special Funds.

Last Action

Reported Out of Committee (Executive) in Senate with 4 On Its Merits

6/21/2018

Committee Referrals

Executive1/10/2018

Full Bill Text

No bill text available