Plain English Breakdown
The official source does not provide specific details on donation limits or additional rules regarding donations beyond the scope of this amendment.
Amendment to Allow Corporate Donations for Volunteer Fire Service
This amendment allows corporations to donate to the Delaware Volunteer Fire Service Revolving Loan Fund and clarifies that loan funds are received from a county, not by a county.
What This Bill Does
- Allows corporations to give money to the Delaware Volunteer Fire Service Revolving Loan Fund.
- Clarifies that loan funds come from a county, not given to a county.
- Adds a part saying the law will take effect 90 days after it is passed.
Who It Names or Affects
- Delaware volunteer fire services
- Corporations in Delaware
Terms To Know
- Revolving Loan Fund
- A fund that lends money to people or groups and gets the money back to lend again.
Limits and Unknowns
- The bill does not specify how much corporations can donate.
- It is unclear if there are other rules about donations besides this amendment.