SPONSOR:

Rep. B. Short

HOUSE OF REPRESENTATIVES

149th GENERAL ASSEMBLY

HOUSE AMENDMENT NO. 2

TO

HOUSE BILL NO. 226

AMEND House Bill No. 226 by inserting between lines 170 and 171 the following new subsections (a) and (b) and redesignating the remaining subsections accordingly:

(a) The Public/Private Partnership shall be governed by a Board of Directors comprised of no less than 15 members, and shall to be composed of the following:

(1) The Governor, who shall serve as co-chair.

(2) 1 member of the majority party and 1 member of the minority party of the Senate appointed by the President Pro Tempore.

(3) 1 member of the majority party and 1 member of the minority party of the House of Representatives appointed by the Speaker of the House.

(4)  At least 10 additional members appointed by the Governor. Such members shall collectively represent expertise on various economic development topics, including land use planning, finance, entrepreneurial investment and incubation, workforce development, labor, higher education, and regulatory compliance. 6 of these 10 members shall be chosen from a list of recommended candidates provided by the Delaware State Chamber of Commerce and the Delaware Business Roundtable. 1 of the 6 individuals chosen from this list of recommendations shall be appointed by the Governor to serve as co-chair. The Governor may appoint additional members as necessary.

(b) No financial contribution to the Public/Private Partnership shall be required as a condition of or in connection with an appointment to the Board of Directors.

SYNOPSIS

This amendment codifies the membership of the Board of Directors and clarifies that no financial contribution to the Public/Private Partnership shall be required as a condition of appointment to the Board of Directors.