HOUSE BILL NO. 546
AN ACT TO AMEND CHAPTER 50, TITLE 29 OF THE DELAWARE CODE RELATING TO THE HIRING OF DELAWARE RESIDENTS FOR PROJECTS FINANCED UNDER THE DELAWARE ECONOMIC DEVELOPMENT AUTHORITY.
WHEREAS, unemployment continues to slow economic recovery in Delaware; and
WHEREAS, the Delaware Economic Development Authority has the power to issue bonds to finance the cost or part of the cost of any project which the Authority approves; and
WHEREAS, the Authority also has the power to make rules, regulations and policies; and
WHEREAS, it Is essential that the Authority use this power to require applicants approved for loans to hire residents of the State of Delaware as workers whenever and wherever possible.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF DELAWARE:
Section 1. Amend Section 5053, Chapter 50, Title 29 of the Delaware Code, by striking all of subsection (k) and inserting in lieu thereof the following:
"(k) The Authority shall prescribe such regulations as may be necessary to carry out the purposes of this subchapter and in addition to any other regulation the Authority shall require that any new applicant approved for a loan under this Chapter shall agree to give the first opportunity of employment to qualified Delaware residents.
Each applicant shall report to the Authority no later than August 31 of the year following the start of its operation in this State the number of employees and the number of employees who were residents of Delaware at the time of their employment. The provisions of this Section shall not apply to industry employing highly skilled workers except that any such industry, if it employs unskilled or send-skilled workers as a part of its work force, shall comply."
Approved July 2, 1984