ARTICLE
DSCC SUPPORTS BIPARTISAN LEGISLATION HB460 June 18, 2018 Dear Chamber Members, As you may know, the Delaware State Chamber of Commerce supports HB460, a measure that is the first part of a constitutional amendment creating a budget smoothing process. In light of the report issued by the Advisory Panel on Potential Fiscal Controls and Budget Smoothing, this response will create a benchmark system whereby excess revenues in “up” budget years can be set aside to help offset shortfalls in “down” years. This is a positive solution to the longterm fiscal challenges Delaware is predicted to experience in the coming years. An op-ed I co-authored with Bob Perkins of the Delaware Business Roundtable was recently published by The News Journal on Sunday, June 17, detailing our stance on this bipartisan legislation. Click here to read the article, or search "Business leaders: Fix state government's budget now while times are good" at delawareonline.com. Sincerely, A. Richard Heffron President Delaware State Chamber of Commerce
June 18, 2018 Dear Chamber Members, As you may know, the Delaware State Chamber of Commerce supports HB460, a measure that is the first part of a constitutional amendment creating a budget smoothing process. In light of the report issued by the Advisory Panel on Potential Fiscal Controls and Budget Smoothing, this response will create a benchmark system whereby excess revenues in “up” budget years can be set aside to help offset shortfalls in “down” years. This is a positive solution to the longterm fiscal challenges Delaware is predicted to experience in the coming years. An op-ed I co-authored with Bob Perkins of the Delaware Business Roundtable was recently published by The News Journal on Sunday, June 17, detailing our stance on this bipartisan legislation. Click here to read the article, or search "Business leaders: Fix state government's budget now while times are good" at delawareonline.com. Sincerely, A. Richard Heffron President Delaware State Chamber of Commerce