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Cape Gazette Legislative Wrap-up 2-4-2010

Legislative Wrap Up
By Kevin Spence

 Last week, Gov. Jack Markell recommended a balanced $3.2 billion budget that includes state-agency cuts and new pension plans for new state hires, striving to close a $254 million budget gap. The proposed budget relies on revenue from table games, which are permitted under a bill that passed in the House Jan. 21 and the Senate Thursday, Jan. 28. Markell signed the bill the same day and a $40 million revenue booster was counted among anticipated revenues in the proposed 2011 budget. The Legislature will now break until Tuesday, March 16. Meanwhile, in February, the 12-member Joint Finance Committee is holding public hearings until the General Assembly reconvenes.  more…

About HBA of Delaware

HBA/DE has been an integral part of the growth and economic development of the State of Delaware since 1947. HBA/DE was founded as a non-profit state affiliate of the National Association of Home Builders (NAHB) representing home builders and other businesses directly related to Delaware's Home Building Industry. Consisting of Builders, Remodelers and a group of diversified associate members, the Home Builders Association of Delaware strives to protect and preserve housing as a symbol of America. www.hbade.org

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