Two Plans Vie to Hike Delaware’s Franchise Tax

Bloomberg BNA | by Leslie A. Pappas Statement by Rep. John Kowalko My bill to raise the maximum corporate franchise tax, HB 102, would generate approximately $108 million or more. Basically multiplying the number of corporations that currently avail themselves of the cap times $60,000. The exact number of corporations that currently use the max cap can be attained from Delaware’s Department of State. I have already conceded that I would be willing to support the Administration’s legislation if it was filed, released from committee, and put on the floor for […]

Dueling tax plans offered in Dover

Delaware Public Media | by James Dawson State lawmakers will soon have a handful of plans to choose from if they decide to make over Delaware’s personal income tax brackets. Gov. John Carney’s (D) plan to fill in a projected $386 million budget shortfall partially relies on boosting each of the state’s personal income tax brackets while cutting out itemized deductions. The increases range from 0.2 to 0.4 percent. Such a move would raise nearly $65 million if it were implemented in January as planned, with even more cash coming […]

Recreational Cannabis is on the Horizon in Delaware

Culture Magazine | by Staff Writer Cannabis advocates in Delaware have reason to rejoice. A draft bill that would legalize cannabis for adults over 21 is headed to Delaware’s General Assembly. Years of lobbying from local advocates has proven successful for the effort to legalize cannabis in the nation’s second-smallest state. Those under 21 who are caught with cannabis would receive a $100 civil fine on the first offense and a misdemeanor for any further offenses. Retail licenses would be granted to 40 businesses and that number could expand in three […]

Lawmakers introduce bill to legalize marijuana

Delaware State News | by Matt Bittle DOVER — Lawmakers on Thursday filed a bill that would make Delaware the ninth state to legalize marijuana. The measure, sponsored by 13 Democrats and one Republican, would allow individuals at least 21 years old to use cannabis in their home. Using marijuana in public would still be illegal, and individuals would be restricted from growing the drug or possessing more than one ounce. “Reefer madness. We should never have agreed to allow that image to be prolonged to that extent. That’s ridiculous,” Rep. […]

State lawmaker continues push for offshore wind in Delaware

Delaware Public Media | by James Morrison One Delaware state lawmaker is not giving up on his goal to make offshore wind farms a reality along the coast of Delaware. State Rep. John Kowalko (D-Newark) has just returned from a trip to the United Kingdom, where he learned how that country became the world leader in wind energy. Kowalko was instrumental in Delaware’s previous attempt at offshore wind farms. He helped the state secure a power purchase agreement with Delmarva Electric and NRG Bluewater, but the plan expired in 2011 […]

Delaware lawmakers react to proposed tax hikes, cuts to education

WDEL | by Lauren Huet Delaware lawmakers reacted to Governor John Carney’s budget proposal Thursday. The $4.1 billion budget proposal for Fiscal Year 2018 is a 50/50 split between cuts and revenue generating proposals. Democratic Representative Paul Baumbach (D-Newark) was pleased with the proposal.  “I’m happy that it wasn’t my job to come out with a balanced budget. I think Governor Carney did a good job with an extremely difficult challenge,” said Baumbach. “I like Governor Markell’s 2/3 on revenues and 1/3 on expense. Governor Carney took a 50/50. I think […]

Elements of Carney’s budget plan draw quick opposition

Delaware Public Media | by Tom Byrne Gov. John Carney’s 2018 budget proposal is already getting some initial blowback from state lawmakers. His calls to raise personal income tax rates and cut education spending were among the ideas that drew criticism immediately after the governor unveiled his plan Thursday. Carney’s proposal to cut $37 million from what it currently sends to school districts raised eyebrows on both sides of the aisle. And State senator Ernie Lopez (R-Lewes) isn’t sure the governor’s plan to allow districts to recoup 22 million of those […]

Gov. Carney introduces proposed budget of “really tough decisions”

Newsworks | by Zoë Read Gov. John Carney, D-Delaware, announced his proposed $4.1 billion budget for fiscal year 2018, beginning July 1, on Thursday. The budget, which the Governor said will address a $385.5 million deficit and an imbalance of revenues and expenses, is a 0.29 percent growth from the current budget. Carney said he believes his proposed budget will make Delaware more competitive, while promoting economic growth. He said it will use a balanced approach that cuts spending and raises revenue, build a long-term sustainable financial plan and contain […]

UD, DSU transparency bill returns

Delaware Public Media | by James Dawson Rep. John Kowalko (D-Newark South) is reviving his attempts to wrangle Delaware’s publicly affiliated universities under the state’s public records laws. Right now, University of Delaware and Delaware State University only have to comply with the Freedom of Information Act or FOIA if it involves public money. Kowalko says that’s unacceptable. “They should be open up to FOIA because they are a public entity, because they receive public funds and that is the definition of a public entity in our law, in our […]

US Government delegates visit Humber UTC in Scunthorpe

Scunthorpe Telegraph | by Simon Leonard US Government Offshore Wind delegates visited the Humber University Technical College (UTC) in Scunthorpe this morning. The Humber UTC and Team Humber Marine Alliance (TMHA) networking event saw representatives from Massachusetts, Oregon, Delaware, Maryland, Washington DC and Hawaii meet and network with UTC staff , governors, THMA members and partners, before taking a tour of the facility. THMA was one of the founding partners of the UTC on Carlton Street which is focused on engineering and renewables. The UTC offers a new concept in […]