# Delaware SB 21: AN ACT TO AMEND TITLE 8 OF THE DELAWARE CODE RELATING TO THE GENERAL CORPORATION LAW. Delaware SB 21, AN ACT TO AMEND TITLE 8 OF THE DELAWARE CODE RELATING TO THE GENERAL CORPORATION LAW., is a 153rd General Assembly (2024–2026) Senate bill sponsored by Bryan Townsend (Democratic); status failed, last action 2025-03-25 (SS 1 for SB 21 - Signed by Governor); PRIA reads it as touching household money (as of 2026-10-12). - Canonical: https://policyrisk.com/state-bill/DE-SB21-153 - As of: 2026-10-12 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Bill: Delaware SB 21 - State: Delaware - Session: 153rd General Assembly (2024–2026) - Title: AN ACT TO AMEND TITLE 8 OF THE DELAWARE CODE RELATING TO THE GENERAL CORPORATION LAW. - Status: failed - Chamber: Senate - Introduced: 2025-02-17 - Last action: 2025-03-25, SS 1 for SB 21 - Signed by Governor - Sponsor: Bryan Townsend (Democratic) - Cosponsors: 11 - Touches household money: yes - Economic provisions PRIA read: 5 ## Summary No summary available. ## Bill overview: provisions PRIA read - Broader corporate records access for directors: benefit, low. Directors can examine stock ledgers, stockholder lists, books, and other corporate records for a purpose tied to their role. The Court of Chancery alone decides disputes over this access. The corporation must prove that the director has an improper purpose. - Fewer damage claims against controlling stockholders: cost, low. Controlling stockholders and control-group members are shielded from money damages for duty-of-care breaches while acting as controllers. This narrows the money that corporations and other stockholders can recover through those claims. The shield excludes loyalty breaches, bad faith, intentional mi… - Tighter corporate records access for stockholders: cost, low. Stockholders must request records in good faith for a proper purpose tied to their ownership, specifically describing that purpose and the related records. The list covers governing documents, board and committee records and materials, specified corporate agreements, independence questionnaires, an… - New corporate control and independence rules: mixed, low. A controlling stockholder holds majority voting power, including related holdings, or at least one-third plus equivalent control and managerial authority. Two or more people count as a control group when an agreement or understanding gives them control together. For exchange-listed companies, a boa… - New protections for insider corporate deals: mixed, low. The law protects qualifying Delaware corporate deals from damages and other court remedies for covered conflicts or duty claims. Director or officer deals qualify through fairness, informed good-faith approval by a majority of disinterested directors, or an informed, uncoerced majority of disintere… ## Sponsors and cosponsors - Sponsor: Bryan Townsend (Democratic), Senate - Cosponsor: Timothy D. Dukes (Republican), House - Cosponsor: Krista Griffith (Democratic), House - Cosponsor: Kerri Evelyn Harris (Democratic), House - Cosponsor: Gerald W. Hocker (Republican), Senate - Cosponsor: S. Elizabeth Lockman (Democratic), Senate - Cosponsor: Melissa Minor-Brown (Democratic), House - Cosponsor: Edward S. Osienski (Democratic), House - Cosponsor: Brian Pettyjohn (Republican), Senate - Cosponsor: Ray Seigfried (Democratic), Senate - Cosponsor: David P. Sokola (Democratic), Senate - Cosponsor: Jeffrey N. Spiegelman (Republican), House ## Actions (17) - 2025-03-25: SS 1 for SB 21 - Signed by Governor (Governor) - 2025-03-25: SS 1 for SB 21 - Passed By House. Votes: 32 YES 7 NO 2 ABSENT (House) - 2025-03-25: SS 1 for SB 21 - - Defeated By House. Votes: 8 YES 31 NO 2 ABSENT (House) - 2025-03-25: SS 1 for SB 21 - - Stricken in House (House) - 2025-03-25: SS 1 for SB 21 - - Defeated By House. Votes: 8 YES 31 NO 2 ABSENT (House) - 2025-03-25: SS 1 for SB 21 - - Defeated By House. Votes: 8 YES 31 NO 2 ABSENT (House) - 2025-03-25: SS 1 for SB 21 - - Defeated By House. Votes: 9 YES 30 NO 2 ABSENT (House) - 2025-03-25: SS 1 for SB 21 - - Defeated By House. Votes: 6 YES 32 NO 1 NOT VOTING 2 ABSENT (House) - 2025-03-25: SS 1 for SB 21 - - Stricken in House (House) - 2025-03-25: Substituted in Senate by SS 1 for SB 21 (Senate) - 2025-03-19: SS 1 for SB 21 - Reported Out of Committee (Judiciary) in House with 9 On Its Merits (House) - 2025-03-18: Substituted in Senate by SS 1 for SB 21 (Senate) - 2025-03-13: SS 1 for SB 21 - Assigned to Judiciary Committee in House (House) - 2025-03-13: SS 1 for SB 21 - Passed By Senate. Votes: 20 YES 1 ABSENT (Senate) - 2025-03-12: SS 1 for SB 21 - Reported Out of Committee (Judiciary) in Senate with 2 Favorable, 2 On Its Merits (Senate) - 2025-03-12: Substituted in Senate by SS 1 for SB 21 (Senate) - 2025-02-17: Introduced and Assigned to Judiciary Committee in Senate (Senate) ## Bill text - Current, 2025-02-17: [HTML](https://legis.delaware.gov/json/BillDetail/GenerateHtmlDocument?legislationId=141857&legislationTypeId=1&docTypeId=2) ## Related bills - HS 1 for HB 449: AN ACT TO AMEND TITLE 24 OF THE DELAWARE CODE RELATING TO THE DIETITIAN/NUTRITIONIST LICENSURE ACT. (passed house) - HB 357: AN ACT TO AMEND TITLES 10 AND 13 OF THE DELAWARE CODE RELATING TO THE DUTY TO SUPPORT POOR PERSONS. (signed) - SB 279: AN ACT TO AMEND TITLE 14 OF THE DELAWARE CODE RELATING TO SCHOOL-BASED OCCUPATIONAL THERAPISTS. (vetoed) - HB 393: AN ACT TO AMEND TITLE 26 OF THE DELAWARE CODE RELATING TO PROTECTIONS FOR PUBLIC UTILITY CONSUMERS. (vetoed) - SB 231: AN ACT TO AMEND TITLE 14 OF THE DELAWARE CODE RELATING TO SCHOOL SOCIAL WORKERS. (vetoed) - HB 356: AN ACT TO AMEND TITLE 16 OF THE DELAWARE CODE RELATING TO PFAS IN FIREFIGHTING FOAM AND EQUIPMENT. (failed) ## Sources - [Current (HTML)](https://legis.delaware.gov/json/BillDetail/GenerateHtmlDocument?legislationId=141857&legislationTypeId=1&docTypeId=2) ## Related - [HS 1 for HB 449: AN ACT TO AMEND TITLE 24 OF THE DELAWARE CODE RELATING TO THE DIETITIAN/NUTRITI…](https://policyrisk.com/state-bill/DE-HS1FORHB449-153) - [HB 357: AN ACT TO AMEND TITLES 10 AND 13 OF THE DELAWARE CODE RELATING TO THE DUTY TO S…](https://policyrisk.com/state-bill/DE-HB357-153) - [SB 279: AN ACT TO AMEND TITLE 14 OF THE DELAWARE CODE RELATING TO SCHOOL-BASED OCCUPATI…](https://policyrisk.com/state-bill/DE-SB279-153) - [HB 393: AN ACT TO AMEND TITLE 26 OF THE DELAWARE CODE RELATING TO PROTECTIONS FOR PUBLI…](https://policyrisk.com/state-bill/DE-HB393-153) - [SB 231: AN ACT TO AMEND TITLE 14 OF THE DELAWARE CODE RELATING TO SCHOOL SOCIAL WORKERS.](https://policyrisk.com/state-bill/DE-SB231-153) - [HB 356: AN ACT TO AMEND TITLE 16 OF THE DELAWARE CODE RELATING TO PFAS IN FIREFIGHTING…](https://policyrisk.com/state-bill/DE-HB356-153) - [Delaware bills](https://policyrisk.com/states/delaware/bills) - [Delaware state hub](https://policyrisk.com/states/delaware) - [All state legislation](https://policyrisk.com/state-bills) Source: PRIA, https://policyrisk.com/state-bill/DE-SB21-153 (as of 2026-10-12).