HB 336 DE
AN ACT TO AMEND THE CHARTER OF THE TOWN OF LAUREL RELATING TO THE POWER TO BORROW MONEY AND ISSUE BONDS.
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Summary
Delaware HB 336 amends the Charter of the Town of Laurel to authorize the Town to borrow money from federal, state, local government, or quasi-government funding sources. The authorization applies to funding that bears no interest on the principal, requires no principal payments by the Town, and provides for complete forgiveness of the principal debt.
AI-generated plain-language summary of the bill (from the OpenStates abstract — no full text available yet) — neutral, and may be imperfect.
Official abstract
This Act amends the Charter of the Town of Laurel by authorizing the Town to borrow money from any federal, state, local government, or quasi-government funding source provided such funding: (i) bears no interest on the principal, (ii) requires no principal payments by the Town, and (iii) provides for complete forgiveness (100%) of the principal.
Sponsors (2)
- Timothy D. Dukes Republican · primary
- Bryant L. Richardson Republican · primary
Action history (7)
- Apr 9, 2026 Introduced and Assigned to Administration Committee in House · lower
- May 6, 2026 Reported Out of Committee (Administration) in House with 5 On Its Merits · lower
- May 12, 2026 Passed By House. Votes: 40 YES 1 ABSENT · lower
- May 12, 2026 Assigned to Elections & Government Affairs Committee in Senate · upper
- May 21, 2026 Reported Out of Committee (Elections & Government Affairs) in Senate with 5 Favorable · upper
- Jun 24, 2026 Passed By Senate. Votes: 21 YES · upper
- Jul 23, 2026 Signed by Governor · executive
Full text
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