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Delaware Business Roundtable

P. O. Box 192

Hockessin, DE 19707

© 2019 by Delaware Business Roundtable

Roundtable Applauds General Assembly, Urges Lawmakers To Pass House Bill 460

June 28, 2018

 

The Roundtable commends the General Assembly for approving the budget in a timely manner this year. Before they leave for the year, however, the Roundtable believes lawmakers must approve House Bill 460 – a crucial first step to bringing Delaware’s long-term finances in order.

 

This legislation begins the process of enacting a constitutional amendment to smooth out the highs and lows of revenue projections and more prudently control state spending. It does so by

limiting year-to-year spending growth based on a series of economic indicators.

 

The General Assembly has an unprecedented opportunity to demonstrate to taxpayers that they are committed to a stronger, more secure fiscal approach built on long-term economic growth and restraint in state spending.

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