benchmark

Panel: Keep state budget benchmark, make it part of code

Betsy PriceGovernment, Headlines

A state review panel will recommend that Delaware not only keep a budget benchmark appropriation that limits the growth of the state budget, but also put it into law. The Delaware Economic and Financial Advisory Council‘s Benchmark Evaluation and Review Panel also agreed to suggest that incoming legislators undergo training in how the state budget works. DEFAC chairman Michael Houghton …

Retiree subcommittee

Panel: State should make 1% extra retiree funding the law 

Sam HautGovernment, Headlines

A subcommittee exploring state retiree health plans on Monday voted to recommend that the General Assembly codify putting 1% of the state budget into a fund that pays retiree benefits to lower the billions of dollars of deficit. The State Employee Benefits retiree subcommittee asked Cheiron, a consulting firm, to look into additional ways for the state to lower the …

Casinos

Senate OKs casinos offsetting license cost with investment

Sam HautGovernment, Headlines

The Senate on Tuesday unanimously approved a bill that would lower licensing fees for casinos that make capital investments. Senate Bill 64, sponsored by Sen. Trey Paradee, D-Dover, would allow the casinos, which under a 2018 bill were required to pay a $3 million license fee to operate table games, to forgo portions of that fee if they pay for …

Taxes

Bill to give low-wage workers lower taxes moves on

Sam HautGovernment, Headlines

A House finance committee released a bill that ultimately will allow low-wage earners to keep more of their money, a move that will cost the state 10s of millions every year. House Bill 89, sponsored by Rep. Paul Baumbach, D-Newark, would do three things: Increase the amount of refunded tax from 4.5% to 7.5% for low-wage earners who meet the …