Delaware · 153rd General Assembly (2025-2026) · Bill
HB 18: AN ACT TO AMEND TITLE 18 OF THE DELAWARE CODE RELATING TO LICENSING FEES AND DEPARTMENT OF INSURANCE FUNDING.
Enacted Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
HB 18 is a bill introduced in the Delaware House on January 30, 2025. According to its official title, it concerns: AN ACT TO AMEND TITLE 18 OF THE DELAWARE CODE RELATING TO LICENSING FEES AND DEPARTMENT OF INSURANCE FUNDING. Primary sponsor: Kim Williams (Democratic), Trey Paradee (Democratic). It lists 5 additional sponsors. Most recent recorded action (May 7, 2025): Signed by Governor.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
Section 1 of this Act allows the Department of Insurance to retain a portion of the licensing fees for insurance professionals in the Regulatory Revolving Fund. Section 1 of this bill also increases the maximum unencumbered balance that the Commissioner shall maintain in the Insurance Commissioner Regulatory Revolving Fund to $5,000,000. The previous balance was set by the General Assembly in 2005. Finally, Section 1 of this Act requires that any unencumbered balance in the Regulatory Revolving Fund in excess of $5,000,000 at the end of each fiscal year be transferred to the General Fund. Section 2 of this Act increases the licensing fees for insurance professionals by $25 and makes certain technical corrections. Sections 3 and 4 of this Act centralize licensing fees within one statutory provision (§ 701). These changes are necessary to reflect the growth of the Department operating budget and to cover further operating expenses realized as a result of additional statutory duties executed by the Insurance Department. The retention of these funds will ensure that the Department continues providing high-level services to the consumers of Delaware, maintains necessary staffing to satisfy NAIC accreditation standards, and avoids federal preemption.
Sponsors
Sponsors by party (alphabetical): Democratic 7
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Kim Williams | Primary sponsor | Democratic | House | 19 |
| Trey Paradee | Primary sponsor | Democratic | Senate | 17 |
| Bill Bush | Co-sponsor | Democratic | House | 29 |
| Stephanie Hansen | Co-sponsor | Democratic | Senate | 10 |
| Melanie Ross Levin | Co-sponsor | Democratic | House | 10 |
| Spiros Mantzavinos | Co-sponsor | Democratic | Senate | 7 |
| Madinah Wilson-Anton | Co-sponsor | Democratic | House | 26 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Signed by Governor
- Passed By Senate. Votes: 20 YES 1 ABSENT
- Reported Out of Committee (Banking, Business, Insurance & Technology) in Senate with 6 On Its Merits
- Assigned to Banking, Business, Insurance & Technology Committee in Senate
- Passed By House. Votes: 39 YES 2 ABSENT
- Reported Out of Committee (Economic Development/Banking/Insurance & Commerce) in House with 8 On Its Merits
- Introduced and Assigned to Economic Development/Banking/Insurance & Commerce Committee in House