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DE SB86
Bill
AI Summary
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Expands funding sources for the Delaware Volunteer Fire Service Revolving Loan Fund to include contributions from counties and donations from individuals, corporations, or charitable organizations, in addition to General Assembly appropriations
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Requires that loan funds received from a specific county must be used exclusively for upgrading equipment and facilities located within that county
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Provides loans to eligible volunteer fire, rescue, and emergency medical service companies for upgrading equipment and improving facilities essential to emergency response services
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Allows eligible companies to pledge state grant-in-aid and health insurance rebate funds as collateral for securing loans from the Fund
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Takes effect 90 days after enactment into law
Legislative Description
An Act To Amend Title 29 Of The Delaware Code Relating To The Delaware Volunteer Fire Service Revolving Loan Fund.
Last Action
Signed by Governor
9/9/2025