CHAPTER 432

FORMERLY

HOUSE BILL NO. 354

AS AMENDED BY

HOUSE AMENDMENT NO. 1

AN ACT TO AMEND TITLE 29 OF THE DELAWARE CODE RELATING TO THE DIAMOND STATE PORT CORPORATION.

BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF DELAWARE:

Section 1. Amend § 8781, Title 29 of the Delaware Code by making deletions as shown by strike through and insertions as shown by underline as follows:

§ 8781. Creation of Diamond State Port Corporation.

(e) The Diamond State Port Corporation shall have an advisory board consisting of 9 members.  The nine-member advisory board shall be individuals representing Port businesses, labor organizations and individuals with expertise in business, trade, or economic development.  The Governor, the President Pro Tempore of Senate and the Speaker of the House shall each appoint 2 members.  The Port of Wilmington Maritime Association and the State Chamber of Commerce shall each appoint 1 member from their respective organizations. The Chair of the Diamond State Port Corporation shall appoint a member from the Diamond State Port Corporation Board.  The Chair of the Advisory board shall be selected from among the advisory board members by a majority vote. The purpose of the advisory board shall be to advise the Diamond State Board of Directors on strategic planning, capital investment, business development opportunities, and on issues involving the maritime community.  The advisory board shall meet at least quarterly. The governing board of the Diamond State Port Corporation shall meet with the Advisory board twice a year.  Four members of the advisory board will have two-year terms at advisory board creation and five shall have four-year terms. Every member thereafter shall serve 4 years, with 2 possible consecutive reappointments.

Approved September 11, 2014