Delaware legislation · 153rd General Assembly
Delaware HB423: Deferred Comp/Auto Enrollment/State Employees
Status: Signed into law, July 23, 2026
AN ACT TO AMEND TITLE 29 OF THE DELAWARE CODE RELATING TO DEFERRED COMPENSATION.
What the bill says
An act to amend title 29 of the delaware code relating to deferred compensation.
From the introduced text, May 14, 2026:
AN ACT TO AMEND TITLE 29 OF THE DELAWARE CODE RELATING TO DEFERRED COMPENSATION. Section 1. Amend Chapter 60, Title 29 of the Delaware Code by making deletions as shown by strike through and insertions as shown by underline as follows and by redesignating accordingly: § 6052. Definitions. As used in this chapter: (1) "Automatic enrollment" means a provision in the state plan under 26 U.S.C. § 457(b) under which an employee is treated as having elected to have the employer make a specified contribution to the plan equal to a percentage or fixed amount of compensation until the employee affirmatively elects to opt out of automatic enrollment. (3) "Covered employee" includes any person who is a new employee and who is eligible for automatic enrollment under the terms of the plan. Covered employee does not include any employee who is covered by a collective bargaining agreement unless automatic enrollment into the 457(b) plan is expressly authorized by the employee's collective bargaining agreement. (4) "Default contribution rate" means the percent of compensation that a covered employee contributes to the employee's 457(b) account from and after automatic enrollment and until such time as the employee affirmatively elects to make a contribution in a different amount. (5) "Default investment" means the investment in a qualified default investment alternative selected by the Board …
Sponsors
- William Bush (D, 29) · primary sponsor
- William Paradee (D, 17)
- William Carson (D, 28)
- Krista Griffith (D, 12)
- Debra Heffernan (D, 6)
- Kerri Harris (D, 32)
- Edward Osienski (D, 24)
- David Sokola (D, 8)
- David Wilson (R, 18)
- Kyra Hoffner (D, 14)
- Russ Huxtable (D, 6)
Latest actions
- : Signed by Governor
- : Passed By Senate. Votes: 20 YES 1 ABSENT
- : Reported Out of Committee (Elections & Government Affairs) in Senate with 4 On Its Merits
- : Assigned to Elections & Government Affairs Committee in Senate
- : Passed By House. Votes: 32 YES 8 NO 1 ABSENT
- : Reported Out of Committee (Administration) in House with 1 Favorable, 3 On Its Merits
- : Introduced and Assigned to Administration Committee in House
Votes
- Passed (SM) (June 30, 2026): 20 yea, 0 nay, passed
- Passed (SM) (June 11, 2026): 32 yea, 8 nay, passed
Common questions
- What is HB423?
- HB423 is a bill in the Delaware Legislature (153rd General Assembly): Deferred Comp/Auto Enrollment/State Employees.
- What does HB423 do?
- In its own words: An act to amend title 29 of the delaware code relating to deferred compensation.
- What is the status of HB423?
- Signed into law as of July 23, 2026. Latest action: Signed by Governor (July 23, 2026).
- Who sponsored HB423?
- William Bush (D, 29), with 10 co-sponsors.
- Where is the official record for HB423?
- On the Delaware Legislature website: https://legis.delaware.gov/BillDetail?LegislationId=143311
Source: official Delaware record. Tracked by Delilah, AI for legislation across all 50 states and Congress.