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HB 185

AN ACT TO AMEND TITLE 29 OF THE DELAWARE CODE RELATING TO THE SITE READINESS FUND.

153rd General Assembly (2025-2026) Introduced by Frank Cooke and 5 co-sponsors

Delaware HB 185 would amend the Site Readiness Fund financing program, though specific changes and impacts remain unclear as the bill stalled in committee.

Motion to Release Failed
0
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Bill Summary · HB 185

Legislative bill overview

HB 185 proposes amendments to Delaware's Site Readiness Fund, a financing mechanism under Title 29 of the Delaware Code. The bill was introduced in May 2025 and assigned to the Housing Committee, though a motion to release it from committee failed on May 20th. Specific amendments are not detailed in the available information, making full analysis of substantive changes impossible without the bill text.

Why is this important

Site Readiness Funds typically support economic development by financing infrastructure improvements that prepare land for commercial or residential development. Delaware's fund modifications could affect how the state finances property development, impacts on municipal budgets, or eligibility criteria for projects seeking support. The failed motion to release suggests either committee concerns about the proposal or insufficient support among sponsors.

Potential points of contention

  • Undefined scope of changes: Without access to specific amendments, it's unclear whether the bill expands fund access, modifies disbursement mechanisms, or changes who can benefit from financing
  • Committee resistance: The failed release motion indicates potential opposition or concerns that warrant public scrutiny of the underlying issues
  • Fiscal implications: Any modifications to a funding mechanism could affect state budgets, municipal finances, or private development costs, depending on the nature of changes proposed

Compiled from official sources — confirm details with the bill’s official record.

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