Plain English Breakdown
The official source material does not provide specific details on how the act ensures DEMHRA has sufficient funds, only that it removes the cap and updates the law to match drafting standards.
Act to Change Rules for Delaware's Manufactured Home Trust Fund
This act removes the limit on how much money can be in a special fund used by the Delaware Manufactured Home Relocation Authority (DEMHRA) and makes some changes to ensure DEMHRA can manage this fund better.
What This Bill Does
- Removes the cap on the amount of money that can be in the Delaware Manufactured Home Relocation Trust Fund.
- Allows the DEMHRA Board to adjust, eliminate, or reinstate the cap on the Trust Fund with a vote from at least three out of five board members.
- Updates the law to match the standards set by the Delaware Legislative Drafting Manual.
Who It Names or Affects
- The Delaware Manufactured Home Relocation Authority (DEMHRA).
- People who rely on DEMHRA for services related to manufactured homes and relocation.
Terms To Know
- Delaware Manufactured Home Relocation Trust Fund
- A special fund used by the Delaware Manufactured Home Relocation Authority (DEMHRA) to pay for administrative costs and carry out its responsibilities.
- DEMHRA Board
- The group of five people who make decisions about how the Delaware Manufactured Home Relocation Trust Fund is managed.
Limits and Unknowns
- It does not specify when this act will take effect.
- It only changes rules for DEMHRA and does not provide new funding or resources.