Delaware Business Magazine - January/February 2022

Page 20

LEGISLATIVE LEGISLATIVETRACKING TRACKING ST ST 151151 GENERAL ASSEMBLY GENERAL ASSEMBLY

DSCC SUPPORTED: HB 16: Earned Income Tax Credit (EITC) - PASSED Allows recipients to choose the most beneficial credit to be applied against their Delaware personal income taxes. Under this Act, recipients can choose between a non-refundable credit of up to 20% of the value of the corresponding federal EITC or a refundable EITC credit of up to 4.5% of the value of the corresponding federal EITC.

HB 200: Clean Water - PASSED Establishes a framework for assessing needs and planning and implementing projects that support Delaware’s efforts to improve the quality of the State’s water supply and waterways.

SB 127: Site Readiness - PASSED Establishes a fund to provide grants, loans or other economic assistance to businesses or public entities that invest in constructing, renovating, or improving infrastructure for sites that will attract new businesses or expand existing businesses within the State to initiate economic development opportunities that will create a significant number of direct, permanent, quality, full-time jobs.

SB 65: Focus on Alternative Skills Training Program (FAST) - PASSED

HB 166: Elevate Delaware - PASSED

Provides payments for tuition and auxiliary expenses, up to $10,000, for individuals to attend an approved non-credit certificate program.

SB 12: Student Excellence Equals Degree Act (SEED) - PASSED Increases eligibility for SEED scholarships and funding for Delaware residents who are not recent high school graduates to attend Delaware Tech.

SB 95: Inspire Scholarship Program PASSED

Provides Delaware students with strong academic credentials and a demonstrated commitment to volunteer public service to receive scholarship monies sufficient to cover the full cost of tuition at Delaware State University.

HB 158: Low Income Tax Credit (LITC) CURRENTLY IN HOUSE REVENUE & FINANCE COMMITTEE

Creates a $500 tax credit applicable to individual personal income taxes for certain lower income, working poor, individuals. In the case of spouses filing a joint return, the tax credit is $1,000. If spouses file their Delaware taxes separately, each spouse with the required income will be entitled to a $500 tax credit.

Provides up to $10,000 in tuition assistance to Delaware residents who have obtained a high school diploma and have enrolled in an approved skills training program.

DSCC MONITORED: HB 205: Delaware EARNS Act - CURRENTLY IN

SB 140: Polystyrene - CURRENTLY IN SENATE

Establishes the Delaware Expanding Access for Retirement and Necessary Saving (“EARNS”) program to serve as a vehicle through which eligible employees may, on a voluntary basis, provide for additional retirement security through a State-facilitated retirement savings program.

Prohibits the sale of containers, food service products, or packing materials made of expanded polystyrene. Prohibits food establishments and public schools from providing readyto-eat food and beverages in expanded polystyrene containers and limits the use of single-service plastic items in food establishments.

HOUSE APPROPRIATIONS

18

ENVIRONMENT & ENERGY COMMITTEE

Jan uar y / Fe b r uar y 2022  |  DELAWARE BUSINESS


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Articles inside

Diversifying Your Supply Chain is Good for Your Business

3min
pages 56-57

Small Business, United Voice

3min
pages 84-85

Realigned Mission, A Renewed Focus

4min
pages 82-83

Despite Supply Chain Issues, Shoppers 'Won't Go Home Empty-Handed'

4min
pages 80-81

Rethinking Retail

3min
pages 78-79

Where Manufacturers Will Lead in 2022

3min
page 76

Making the Future

3min
page 74

Facing the Challenge

4min
pages 72-73

Connecting People, Solving Problems

4min
pages 70-71

Adaption Resilience

4min
pages 68-69

Delaware's Fiscal Picture

3min
page 66

The Future of Work

4min
page 65

A Job at the End of the Tunnel

4min
page 64

Smart Use of Funds Will Yield Long-term Benefits

4min
pages 62-63

Investing in Delaware's Future

3min
pages 60-61

Together, We Are Stronger

4min
pages 58-59

Delaware Will Be a Majority-Minority State by Mid-Century

4min
pages 54-55

Fostering Innovation Through Inclusion and Diversity

3min
pages 52-53

A Secret No More

4min
pages 50-51

Better Growing Through Science

6min
pages 46-48

Are We Having Fun Yet?

2min
page 34

Grants Available to Help You Switch to Cleaner Transportation Vehicles

2min
page 33

Intern Delaware is Engaging Delaware's Emerging Talent

3min
page 32

State Chamber awards Gilman Bowl to John M. Burris

4min
pages 30-31

Celebrating Gary Stockbridge's Retrement

2min
page 29

Diverse Supplier Spotlight: Technical Broadcast Solutions, Inc.

3min
pages 28-29

Committee Spotlight: Technology Committee

2min
page 27

Nonprofit Spotlight: Down Syndrome Association of Delaware

3min
pages 26-27

Business Spotlight: Delmarva Central Railroad

3min
pages 23-24

Legislative Tracking - 151st General Assembly

5min
pages 20-21

Legislative Priority

3min
page 19

Top Priorities for Delaware

2min
page 17

Chair's Message - Nick Lambrow

3min
page 14

Chair's Message - Katie K. Wilkinson

4min
page 12

Newsbites

16min
pages 86-91

Message from the President

3min
page 7
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Delaware Business Magazine - January/February 2022 by Delaware State Chamber of Commerce - Issuu