Chamber Blog

Results Found: 52 RSS Feed
Joe Fitzgerald
Monday, May 1, 2017
Senate Bill 20, a Constitutional Amendment to Reserve Capital Funding for Capital Projects, Passes the Senate On April 26, SB 20, sponsored by Senate Minority Whip Greg Lavelle (R-Sharpley) passed the Delaware State Senate, by a vote of 19 “yes” votes and 1 “not voting”. This legislation would serve as the second leg of an amendment to the Delaware Constitution, which would limit the ability of the State of Delaware to appropriate Transportation Trust Fund (TTF) moneys to a purpose other than: Capital expenditures on the public transportation system, including the road system and allocations for investments in transportation Payment of the interest and principal on all bonds issued before and after the effective date of this Act and secured by monies in the Transportation Trust Fund Other transportation-related purposes, including operating expenses funding the Delaware Department of Transportation. Read more
Copyright 2016 New Castle County Chamber of Commerce