KLS Keeping Law Simple Legislation in plain English

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HS1FORHB211 • 2025

AN ACT TO AMEND TITLE 29 OF THE DELAWARE CODE RELATING TO THE INNOVATING DELAWARE ACT.

AN ACT TO AMEND TITLE 29 OF THE DELAWARE CODE RELATING TO THE INNOVATING DELAWARE ACT.

Budget Small Business Taxes
Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
Last action
2026-06-30
Official status
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

AN ACT TO AMEND TITLE 29 OF THE DELAWARE CODE RELATING TO THE INNOVATING DELAWARE ACT.

AN ACT TO AMEND TITLE 29 OF THE DELAWARE CODE RELATING TO THE INNOVATING DELAWARE ACT.

What This Bill Does

  • AN ACT TO AMEND TITLE 29 OF THE DELAWARE CODE RELATING TO THE INNOVATING DELAWARE ACT.
  • This Substitute for House Bill 211 creates the Innovate Delaware Program.
  • This Program allows an Economic Development Organization to apply for a tax credit program through the Division of Small Business.
  • This Substitute also lowers the cap on appropriations to support the tax credit program from 10 million to 3 million dollars in a calendar year.

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

No action history is stored for this bill yet.

Official Summary Text

AN ACT TO AMEND TITLE 29 OF THE DELAWARE CODE RELATING TO THE INNOVATING DELAWARE ACT.
This Substitute for House Bill 211 creates the Innovate Delaware Program. This Program allows an Economic Development Organization to apply for a tax credit program through the Division of Small Business.
This Substitute also lowers the cap on appropriations to support the tax credit program from 10 million to 3 million dollars in a calendar year.