Delaware · 153rd General Assembly (2025-2026) · Bill
HB 423: AN ACT TO AMEND TITLE 29 OF THE DELAWARE CODE RELATING TO DEFERRED COMPENSATION.
Enacted Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
HB 423 is a bill introduced in the Delaware House on May 14, 2026. According to its official title, it concerns: AN ACT TO AMEND TITLE 29 OF THE DELAWARE CODE RELATING TO DEFERRED COMPENSATION. Primary sponsor: Bill Bush (Democratic), Trey Paradee (Democratic). It lists 9 additional sponsors. Most recent recorded action (July 23, 2026): 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.
This Act establishes an automatic enrollment feature for newly hired state employees in the State’s 457(b) deferred compensation retirement plan. The Board may, through a plan amendment, modify the definition of a covered employee. Under the Act, a predetermined percentage of an employee’s salary will be automatically deducted from each paycheck and contributed to the 457(b) plan upon hire. This Act allows new employees to opt out at any time prior to the commencement of automatic withdrawals, which normally commences 90 days after hire. If an employee does not opt out of automatic enrollment during this 90-day period, the employee will be enrolled and contributions will commence. The employee will thereafter have an additional 30 days to opt out and request a refund of any contributions. Refund requests must be submitted no later than 120 days after the date of hire. Employees under a collective bargaining agreement are not subjected to auto-enrollment but are able to participate if should they elect to do so. This Act takes effect 10 days after the date of publication in the Register of Regulations of a notice from the State Treasurer that the Office of Management and Budget has certified to the State Treasurer that necessary payroll upgrades necessary to implement this Act have been completed.
Sponsors
Sponsors by party (alphabetical): Democratic 10 · Republican 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Bill Bush | Primary sponsor | Democratic | House | 29 |
| Trey Paradee | Primary sponsor | Democratic | Senate | 17 |
| Bill Carson | Co-sponsor | Democratic | House | 28 |
| Krista Griffith | Co-sponsor | Democratic | House | 12 |
| Kerri Harris | Co-sponsor | Democratic | House | 32 |
| Debra Heffernan | Co-sponsor | Democratic | House | 6 |
| Kyra Hoffner | Co-sponsor | Democratic | Senate | 14 |
| Russ Huxtable | Co-sponsor | Democratic | Senate | 6 |
| Ed Osienski | Co-sponsor | Democratic | House | 24 |
| Dave Sokola | Co-sponsor | Democratic | Senate | 8 |
| Dave Wilson | Co-sponsor | Republican | Senate | 18 |
“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 (Elections & Government Affairs) in Senate with 4 On Its Merits
- Assigned to Elections & Government Affairs Committee in Senate
- Passed By House. Votes: 32 YES 8 NO 1 ABSENT
- Reported Out of Committee (Administration) in House with 1 Favorable, 3 On Its Merits
- Introduced and Assigned to Administration Committee in House