Delaware Administrative Code
Title 24 - Regulated Professions and Occupations
Department of State
Division of Professional Regulation
The Delaware Sports Tourism Capital Investment Fund
Section 1.0 - Enabling Legislation

Universal Citation: 24 DE Admin Code 1.0

Current through Register Vol. 28, No. 3, September 1, 2024

1.1 The Delaware Sports Tourism Capital Investment Fund was established pursuant to Senate Bill 160 of the Bond and Capital Improvements Act of the State of Delaware and Certain of its Authorities for the Fiscal Year ending June 30, 2024; Authorizing the Issuance of General Obligations of the Bonds of the State; Appropriating Funds from the Transportation Trust Fund; Authorizing the issuance of Revenue Bonds of the Delaware Transportation Authority; Appropriating Special Funds of the Delaware Transportation Authority; Appropriating General Funds of the State; Reprogramming Certain Funds of the State; Specifying Certain Procedures, Conditions and Limitations for the Expenditure of Such Funds; and Amending Certain Statutory Provisions and appropriated to the Department of State.

1.2 The fund will be administered by the Division of Small Business.

1.3 The Division is responsible for the promulgation of regulations of the fund by December 31, 2023.

1.4 The following regulations have been adopted by the Division pursuant to its authority in 29 Del.C. § 8705A and Section 69 of Senate Bill 160.

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