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Delaware · 153rd General Assembly (2025-2026) · Bill

SB 74: AN ACT TO AMEND CHAPTER 76, TITLE 6 OF THE DELAWARE CODE RELATING TO THE DELAWARE LEASE-PURCHASE AGREEMENT ACT.

Enacted Official data

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted

Last official action: ·Record last updated:

Plain-language summary

SB 74 is a bill introduced in the Delaware Senate on March 13, 2025. According to its official title, it concerns: AN ACT TO AMEND CHAPTER 76, TITLE 6 OF THE DELAWARE CODE RELATING TO THE DELAWARE LEASE-PURCHASE AGREEMENT ACT. Primary sponsor: Spiros Mantzavinos (Democratic), Bill Bush (Democratic). It lists 2 additional sponsors. Most recent recorded action (May 22, 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.

This Act amends Title 6 by adding "lease-purchase property" to the Delaware Lease-Purchase Agreement Act. Pursuant to the Act, "lease-purchase property" means personal property that is owned by the lessor at the time it is displayed and offered for lease-purchase to the consumer. The Act provides that, for lease-purchase property offered online and available for online sale or sale by e-commerce, a lessor may satisfy the lessor's disclosure obligations under § 7606(c) by electronic disclosure. Similarly, for personal property, other than lease-purchase property, that is offered for lease-purchase by a lessor, the lessor must disclose electronically the cash price of the item and the amount of the lease payment and the total amount of lease payments necessary to acquire ownership. These disclosures must be made before any of the disclosures required by § 7603 of the Delaware Lease-Purchase Agreement Act. Finally, the Act makes technical corrections to conform existing law to the standards of the Delaware Legislative Drafting Manual.

Sponsors

Sponsors by party (alphabetical): Democratic 4

NameRolePartyChamberDistrict
Spiros MantzavinosPrimary sponsorDemocraticSenate7
Bill BushPrimary sponsorDemocraticHouse29
Frank BurnsCo-sponsorDemocraticHouse21
Jack WalshCo-sponsorDemocraticSenate9

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

  1. Signed by Governor
  2. Passed By House. Votes: 32 YES 9 ABSENT
  3. Reported Out of Committee (Economic Development/Banking/Insurance & Commerce) in House with 12 On Its Merits
  4. Assigned to Economic Development/Banking/Insurance & Commerce Committee in House
  5. Passed By Senate. Votes: 20 YES 1 ABSENT
  6. Reported Out of Committee (Banking, Business, Insurance & Technology) in Senate with 3 Favorable, 4 On Its Merits
  7. Introduced and Assigned to Banking, Business, Insurance & Technology Committee in Senate

Sources

  1. Open States / Plural (data from the official legislature website)
  2. Official legislature source