BECOME A MEMBER

Legislative Update, Week of January 12, 2026

ChamberCommunityHuman InterestPoliticalPress Release

 

Upcoming Events 

Tuesday, February 10: 2026 Economic Forecast Luncheon, featuring Dr. Anirban Basu.
Riverfront Events: 760 Justison Street, Wilmington, DE 19801, 11:00 a.m. registration & networking,  
12:00 – 1:30 p.m. luncheon program. 
Registration information
 
The Delaware General Assembly Convenes this Week 
The Second Session of the 153rd General Assembly convenes this week (Tuesday, January 13th). Governor Meyer will deliver a State of the State and address at a date to be determined.  After session on January 29th, the General Assembly will recess until March 10th, for the budget hearing break.   
 
The Governor’s Recommended Budget is introduced in bill form in January each year and consists of a recommended operating budget bill and a recommended capital budget bill, both of which serve as the starting point for the legislative budget process which yields appropriations bill which come before the House and Senate in June for consideration.  Upon passage, by both Chambers, the budget bills are sent to the Governor for consideration.  The three main budget vehicles each year are the operating budget, the capital budget, and the grants-in-aid budget (GIA).  While the recommended operating and capital budget bills are introduced in January, the grants-in-aid budget is not drafted in bill form until June. The GIA is the budgetary vehicle by which state funds are appropriated for grants to community nonprofit organizations (including volunteer fire companies).  In January, Governors have generally provided a recommended total appropriation amount for the GIA. 
 
December revenue estimates issued by the Delaware Economic and Financial Advisory Council (DEFAC) set appropriations limit for the recommended budget package.  At their December meeting, increased the FY 2026 revenue estimate by nearly $173 million compared to its last meeting in October and increased the FY 2027 forecast by approximately $124.5 million.  Based on current projections, the FY 2027 spending limit is nearly $7.1 billion, a rise of $365 million over what the October forecast indicated.  The panel cited the provisions in HB 255 (as amended) which decoupled certain Delaware Corporate Income Tax provisions from the federal tax code as the impetus for the increased revenue estimates.  

Legislative Update, Week of January 12, 2026