reglab/housing_qa huggingface dataset:
29 DE Code § 8712A. (2021)
2021 Delaware Code|Title 29 - State Government|Chapter 87A. Economic Development|Subchapter I. General Provisions|§ 8712A. Assistance for tourism and business promotion.

§ 8712A. Assistance for tourism and business promotion. (a) The Director is hereby authorized and directed to establish a special fund of the State to encourage instrumentalities and political subdivisions of the State and private and public nonprofit associations to attract new investors and businesses to the State, and to promote the State as a destination for tourists and other travelers. (b) The Director may contract with any instrumentality or political subdivision of the State, and with any private or public nonprofit association, to accomplish any work authorized by this chapter, provided that the said instrumentality or political subdivision of the State, private or public nonprofit association, contributes an equal share to the cost of the project. (c) The Director shall establish such rules and regulations as are necessary to determine the eligibility of any instrumentality or political subdivision, private or public nonprofit association for participation in contracts authorized by this section. A private or public nonprofit association shall submit a letter of exemption from the Internal Revenue Service as proof of nonprofit status. (d) The Director may, if the Director deems it necessary, limit the amount of money granted to any single project funded under this section. Expenditures from this special fund shall be in accordance with state law and shall be limited to appropriations provided therefor. Moneys on deposit in this special fund which are unexpended or unencumbered shall not revert at the end of each fiscal year. 63 Del. Laws, c. 189, §  2;  70 Del. Laws, c. 186, §  1;  81 Del. Laws, c. 49, §  1;
29 DE Code § 8713A. (2021)
2021 Delaware Code|Title 29 - State Government|Chapter 87A. Economic Development|Subchapter I. General Provisions|§ 8713A. Assumption of powers of Division.

§ 8713A. Assumption of powers of Division. The Division shall have the power to perform and shall be responsible for the performance of all powers, duties and functions heretofore vested by law in the Division of Economic Development of the Department of Community Affairs and Economic Development immediately prior to November 1, 1981, and the Delaware Economic Development Office prior to July 1, 2017, and which are not otherwise specifically transferred by this chapter. 63 Del. Laws, c. 189, §  2;  81 Del. Laws, c. 49, §  1;
29 DE Code § 8714A. (2021)
2021 Delaware Code|Title 29 - State Government|Chapter 87A. Economic Development|Subchapter I. General Provisions|§ 8714A. Rights of appeals continued.

§ 8714A. Rights of appeals continued. Any and all rights of appeal now existing by law with respect to any act or acts constituting the exercise of any function or functions transferred by this chapter to the Division, to any subdivision thereof or to any council or board created by this chapter shall continue to exist with respect to such act or acts as hereafter performed by the Division, by the subdivision, by the council or by the board to which such function is transferred by this chapter, and each such appeal shall be perfected in the manner heretofore provided by law. 63 Del. Laws, c. 189, §  2;  81 Del. Laws, c. 49, §  1;
29 DE Code § 8716A. (2021)
2021 Delaware Code|Title 29 - State Government|Chapter 87A. Economic Development|Subchapter I. General Provisions|§ 8716A. Reports.

§ 8716A. Reports. (a) The Division shall submit 1 annual report on or before December 1 of each year that includes all of the following information:  (1) The status of the Division's efforts to meet the vision, goals, objectives, strategies, and economic indicators included in its comprehensive economic development planning. (2) A summary of the work of the Council on Development Finance. (3) The uses of the Delaware Strategic Fund for the previous year. The Director shall notify the Co-Chairs of the Joint Legislative Committee on the Capital Improvement Program on the remaining Strategic Fund balance available for commitment. (4) The status of assistance for small business, including the Small Business Technology Transfer Program and the Small Business Innovative Research Program. (5) The programs and funding under the Delaware Economic Development Training Act authorized by subchapter VIII of this chapter, including an evaluation of the performance of each program, a summary of the public moneys expended and an analysis of the participants in the programs, a report on the number of minority and economically disadvantaged individuals included in the programs. (6) The names of all certified sponsor and new business firms, the total amount of tax credits awarded, and the number of jobs created under the new business certification tax program. (b) The Division shall notify the Co-Chairs of the Joint Legislative Committee on the Capital Improvement Program of its intention to make a commitment of funds from the Strategic Fund before the commitment being made to the intended recipient of the funds. (c) The Division shall also submit special reports upon the request of the Governor, the General Assembly, the Secretary, the Council on Development Finance, the Tourism Advisory Board, or at the discretion of the Director of those aspects of the Division's work which may be deemed of current interest. Copies of all reports shall be made available for general distribution or sale and published on the Division's public website. (d) In preparing any reports on its operations, the Division may seek the advice of outside experts in the fields of tourist and travel promotion or general economic development. (e) The Division shall submit all reports, when due, to the Governor, President Pro Tempore of the Senate, Speaker of the House of Representatives, the Secretary, and, for public distribution, to the Director of the Division of Research of Legislative Council and the Director of Public Archives. The Division shall also publish the reports on the Division's public website. 63 Del. Laws, c. 189, §  2;  80 Del. Laws, c. 93, §  2;  81 Del. Laws, c. 49, §  1;  81 Del. Laws, c. 374, § 8;
29 DE Code § 8717A. (2021)
2021 Delaware Code|Title 29 - State Government|Chapter 87A. Economic Development|Subchapter I. General Provisions|§ 8717A. Misnomer of Division in donation.

§ 8717A. Misnomer of Division in donation. Any misnomer shall not defeat or annul any gift, grant, devise or bequest to the Division if it sufficiently appears by the will, conveyance or other writing that the party making the same intended to pass and convey thereby to the Division, the estate or interest therein expressed or described. 63 Del. Laws, c. 189, §  2;  81 Del. Laws, c. 49, §  1;
29 DE Code § 8718A. (2021)
2021 Delaware Code|Title 29 - State Government|Chapter 87A. Economic Development|Subchapter I. General Provisions|§ 8718A. Budget.

§ 8718A. Budget. The Director shall prepare a proposed budget for the operation of the Division to be submitted along with the proposal for the Department of State for the consideration of the Secretary, Governor and the General Assembly. The budget may be presented in any manner consistent with guidelines provided by the Director of the Office of Management and Budget; provided, however, that at least 1 budget unit, or successor budgetary component, shall detail the proposed budget for the support of tourism. The Division shall be operated within the limitation of the annual appropriation and any other funds appropriated by the General Assembly. Special funds may be used in accordance with approved programs, grants or appropriations. 63 Del. Laws, c. 189, §  2;  75 Del. Laws, c. 88, §  21(13);  81 Del. Laws, c. 49, §  1;
29 DE Code § 8719A. (2021)
2021 Delaware Code|Title 29 - State Government|Chapter 87A. Economic Development|Subchapter I. General Provisions|§ 8719A. Supremacy.

§ 8719A. Supremacy. All other laws or parts of laws now in effect inconsistent with this chapter are hereby repealed, superseded, modified or amended so far as necessary to conform to, and give full force and effect to, this chapter. 63 Del. Laws, c. 189, §  2;  81 Del. Laws, c. 49, §  1;
29 DE Code § 8727A. (2021)
2021 Delaware Code|Title 29 - State Government|Chapter 87A. Economic Development|Subchapter II. Delaware Strategic Fund|§ 8727A. Findings and purpose; creation of the Fund.

§ 8727A. Findings and purpose; creation of the Fund. (a) The General Assembly finds that Delaware's development finance programs are necessary to compete for new and existing businesses. Furthermore, the General Assembly finds the number and limited previous funding of finance programs of the Delaware Economic Development Office do not maximize efficiency of administration by the State or the business community. It is the intent of the General Assembly to solve this problem by consolidating the existing development finance programs of the Delaware Economic Development Office into a Delaware Strategic Fund. (b) A special fund to be known as the “Delaware Strategic Fund” (“Fund”) shall be created. (1) The Fund shall initially consist of $2,250,000 as authorized in 69 Del. Laws, c. 77 to the Delaware Economic Development Office on behalf of the Delaware Economic Development Authority (“Authority”) and funds subsequently appropriated to the Authority or the Division. Funds appropriated pursuant to this or subsequent acts are to be used for Fund activities as defined in the following paragraphs. The Fund shall also consist of present balances and future payments of moneys transferred from discontinued programs. (2) The Fund shall be invested by the State Treasurer in securities consistent with the policies established by the Cash Management Policy Board. All moneys generated by the Fund shall be deposited in the Fund.69 Del. Laws, c. 386, §  26;  69 Del. Laws, c. 458, §  1;  81 Del. Laws, c. 49, §  1;
29 DE Code § 8729A. (2021)
2021 Delaware Code|Title 29 - State Government|Chapter 87A. Economic Development|Subchapter II. Delaware Strategic Fund|§ 8729A. Findings and determinations for assistance.

§ 8729A. Findings and determinations for assistance. (a) The Authority shall draft rules and regulations pertaining to the Fund eligibility, and establish criteria to administer the Fund. (b), (c) [Repealed.] (d) The amount and type of assistance provided by the Division to a firm through the Strategic Fund will be based upon the following criteria:  (1) Consistency with state economic development strategies; (2) Number of jobs created or retained; (3) Competitiveness of Delaware versus other locations under consideration as measured by tax comparison and relative site location factors; (4) Quality of jobs using measures such as the average wage and benefits of the jobs to be created or retained as compared to labor force characteristics of the county and community in which the project will be located; (5) Comparative overall economic impact of the project at the state, county and local levels as measured by job creation and retention, private investment leverage and revenue generation; (6) Feasibility of the project as determined by the applicant's business plan, business history and collateral or other financial resources available to adequately secure assistance; and (7) Any environmental consideration related to siting decisions, manufacturing processes or byproducts.69 Del. Laws, c. 386, §  26;  69 Del. Laws, c. 458, §  1;  72 Del. Laws, c. 489, §  39;  81 Del. Laws, c. 49, §  1;  81 Del. Laws, c. 374, § 9;
29 DE Code § 8735A. (2021)
2021 Delaware Code|Title 29 - State Government|Chapter 87A. Economic Development|Subchapter III. Delaware Technical Innovation Program|§ 8735A. Delaware Technical Innovation Program — Creation; definitions.

§ 8735A. Delaware Technical Innovation Program — Creation; definitions. (a) There is hereby created the Delaware Technical Innovation Program to be administered by the Division. (b) For the purpose of this subchapter the following definitions shall apply:  (1), (2) [Repealed.] (3) “Small business” means a corporation, partnership, limited liability company, statutory or common law business trust, sole proprietorship or individual, operating a business for profit, with 100 employees or fewer, including employees employed in any subsidiary or affiliated corporation or other form of business entity which otherwise meets the requirements of the federal Small Business Innovation Research Program or Small Business Technology Transfer Program. (4) “Small Business Innovation Research Program” or “SBIR Program” means that program, enacted pursuant to the Small Business Innovation Development Act of 1982 (P.L. 97-219) [15 U.S.C. § 638], which provides funds to small businesses to conduct innovative research having commercial application. (5) “Small Business Technology Transfer Program” or “STTR Program” means that program, enacted pursuant to the Small Business Technology Transfer Act of 1992, P.L. 102-564 (15 U.S.C. § 638), which provides funds to small businesses to conduct jointly with nonprofit research institutions, cooperative research and development having commercial application.66 Del. Laws, c. 351, §  1;  69 Del. Laws, c. 458, §  1;  74 Del. Laws, c. 314, §§  1-3;  81 Del. Laws, c. 49, §  1;
29 DE Code § 8736A. (2021)
2021 Delaware Code|Title 29 - State Government|Chapter 87A. Economic Development|Subchapter III. Delaware Technical Innovation Program|§ 8736A. Duties.

§ 8736A. Duties. In carrying out this Program, to promote technology development and utilization within the small business sector, the duties of the Division shall include but not be limited to:  (1) Promote the SBIR and STTR Programs among Delaware small businesses. (2) Seek technical assistance for small businesses to participate more effectively in the federal SBIR and STTR Programs. (3) Coordinate efforts with small business, institutions of higher education, financial institutions and government to affect timely development and utilization of new development of technology. (4) Administer state matching funds in association with the Delaware Technical Innovation Program for the federal SBIR and STTR Programs to provide state matching funds to compensate for the lag between federal Phase I and Phase II awards under the SBIR and STTR Programs. (5) Coordinate efforts within the business sector to commercialize innovative products and processes developed by small businesses. (6) Assist small businesses that are engaged in technology development and utilization in obtaining private sector financing. (7) Develop job training programs to meet specific needs for small business. (8) Review and recommend ways of streamlining relevant state regulations to expedite the development of innovative products and processes.66 Del. Laws, c. 351, §  1;  69 Del. Laws, c. 458, §  1;  74 Del. Laws, c. 314, §§  4-6;  81 Del. Laws, c. 49, §  1;
29 DE Code § 8737A. (2021)
2021 Delaware Code|Title 29 - State Government|Chapter 87A. Economic Development|Subchapter III. Delaware Technical Innovation Program|§ 8737A. Matching funds for federal Small Business Innovation Research Program.

§ 8737A. Matching funds for federal Small Business Innovation Research Program. (a) The State may provide matching funds up to a maximum of the federal grant for Phase I if:  (1) A small business has won a Phase I award in the federal SBIR or STTR Programs; (2) Such small business has submitted a proposal for a Phase II award; (3) Such small business' principal place of business is located in this State; and (4) Such small business certifies that the research to be conducted will benefit the Delaware economy. (b) The Council shall establish criteria and the Division shall administer the state matching funds. 66 Del. Laws, c. 351, §  1;  74 Del. Laws, c. 314, §  7;  81 Del. Laws, c. 49, §  1;
29 DE Code § 8746A. (2021)
2021 Delaware Code|Title 29 - State Government|Chapter 87A. Economic Development|Subchapter V. The Small Business Revolving Loan and Credit Enhancement Fund|§ 8746A. Legislative intent.

§ 8746A. Legislative intent. The General Assembly finds that small businesses in the State are of vital significance to Delaware's economic well-being and that small businesses provide the vast majority of jobs in the State. The General Assembly also finds that small businesses have a difficult time borrowing needed funds on a conventional basis due to the high cost of these funds and the reluctance of banks to provide 100 percent financing. To help allay these obstacles, the General Assembly hereby directs the Division to use the Small Business Revolving Loan and Credit Enhancement Fund to assist small businesses in reducing the cost of loan funds by offering partial, low-cost loans or by purchasing credit enhancements for small business' sustenance and growth. 67 Del. Laws, c. 46, §  26(a);  69 Del. Laws, c. 77, §  25(a);  69 Del. Laws, c. 458, §  1;  81 Del. Laws, c. 49, §  1;
29 DE Code § 8747A. (2021)
2021 Delaware Code|Title 29 - State Government|Chapter 87A. Economic Development|Subchapter V. The Small Business Revolving Loan and Credit Enhancement Fund|§ 8747A. Creation of the Fund.

§ 8747A. Creation of the Fund. (a) A special fund to be known as the “Small Business Revolving Loan and Credit Enhancement Fund,” hereinafter referred to as the “Fund” shall be created and administered by The Delaware Economic Development Authority, hereinafter referred to as the “Authority.” (b) The Fund shall be invested by the State Treasurer in securities consistent with the policies established by the Cash Management Policy Board. All interest on the Fund's moneys and any repayment of loans shall be deposited in the Fund. (c) Loans made by the Authority to small businesses under the Fund shall be loaned at a below-market rate. 67 Del. Laws, c. 46, §  26(a);  81 Del. Laws, c. 49, §  1;
29 DE Code § 8748A. (2021)
2021 Delaware Code|Title 29 - State Government|Chapter 87A. Economic Development|Subchapter V. The Small Business Revolving Loan and Credit Enhancement Fund|§ 8748A. Fund purposes.

§ 8748A. Fund purposes. (a) The moneys appropriated to the Fund may be used by the Authority for loans up to 25 percent of the total debt required, but not to exceed $100,000 for working capital and fixed asset purposes. (b) The moneys appropriated to the Fund may also be used to purchase credit enhancements on behalf of targeted businesses which shall support loans made by and/or through financial institutions to such targeted businesses. Credit enhancements purchased shall not exceed $100,000 and the credit enhancement amount purchased shall be determined by the Authority. (c) The moneys appropriated to the Fund shall not be used for the following purposes:  (1) Grants; (2) Restaurants and professional office buildings except in those targeted census tracts, defined in § 2020(1)d. of Title 30; (3) Projects which do not attract or retain employment opportunities; (4) Private, nonprofit activities; and (5) Private or public speculative real estate ventures.67 Del. Laws, c. 46, §  26(a);  67 Del. Laws, c. 285, §  21(a);  69 Del. Laws, c. 77, §  25(b);  81 Del. Laws, c. 49, §  1;
29 DE Code § 8749A. (2021)
2021 Delaware Code|Title 29 - State Government|Chapter 87A. Economic Development|Subchapter V. The Small Business Revolving Loan and Credit Enhancement Fund|§ 8749A. Fund eligibility.

§ 8749A. Fund eligibility. In order for a project to be eligible for the Fund purposes cited in § 8748A of this title, the project must meet the following criteria:  (1) For the purpose of administering the Fund, a small business shall be defined as a firm having a full-time equivalent complement of 100 or fewer Delaware based employees at the time of application; (2) The firm to benefit from Fund proceeds must create or retain direct, permanent, quality, full-time jobs; (3) The firm eligible for Fund proceeds must be eligible for and have received commitments for at least 75 percent of the debt amount needed; (4) The firm eligible for Fund proceeds must be able to collateralize the Fund proceeds to the satisfaction of the Authority which shall use to the greatest extent possible bank like underwriting procedures; (5) The firm eligible for Fund proceeds must be able to repay the Fund proceeds within a time period and at an interest rate determined by the Authority; and (6) Projects to be aided by the Fund shall be recommended by the Council on Development Finance (“Council”) and approved by the Chairperson of the Authority. No project shall receive any benefit from the Fund unless such benefit is approved by a majority of the Council.67 Del. Laws, c. 46, §  26(a);  67 Del. Laws, c. 285, §  21(b), (c);  69 Del. Laws, c. 77, §§  25(c)-(e);  70 Del. Laws, c. 186, §  1;  81 Del. Laws, c. 49, §  1;
29 DE Code § 8756A. (2021)
2021 Delaware Code|Title 29 - State Government|Chapter 87A. Economic Development|Subchapter VII. Delaware Economic Development Authority|§ 8756A. Bonds.

§ 8756A. Bonds. (a) The bonds authorized to be issued by this subchapter shall be authorized by a resolution and shall be of such series; bear such date or dates; mature at such time or times, not exceeding 20 years for state-guaranteed bonds; bear interest at such rate or rates; be in such denominations; be of a single denomination payable in installments; be in such form, either coupon or fully registered without coupon; carry such registration, exchangeability and interchangeability privileges; be payable in such medium of payment and at such place or places; be subject to such terms of redemption; and be entitled to such priorities in the revenues of the Authority as such resolution may provide. The bonds shall bear the manual or facsimile signature of the Director, and of the Secretary of the Council on Development Finance, and coupon bonds shall have attached thereto interest coupons bearing the facsimile signature of the Director. Any such bonds may be issued and delivered notwithstanding the fact that 1 or more of the officials signing such bonds, or whose facsimile signature shall be upon the bonds or coupons, shall have ceased to be such official or officials at the time when such bonds shall actually be delivered. (b) The bonds may be sold at public or private sale for such price or prices as the Authority shall determine. Any bonds may be consolidated for sale with any other bonds of the Authority and sold as a single issue. Pending the preparation of the definitive bonds, temporary bonds may be issued to the purchaser or purchasers of such bonds and may contain such terms and conditions as the Authority may determine. 6 Del. C. 1953, §  7004;  53 Del. Laws, c. 167;  57 Del. Laws, c. 679, §  3C;  58 Del. Laws, c. 316, §  7;  62 Del. Laws, c. 269, §  1;  63 Del. Laws, c. 189, §§  5(a)-(c), (e);  63 Del. Laws, c. 387, §  15;  81 Del. Laws, c. 49, §  1;