Delaware HB426 amends state aid to municipalities for street improvements, detailing payment schedules and reporting requirements.

Delaware HB426 modifies Title 30 of the Delaware Code concerning state aid to municipalities for street improvements. It mandates annual reports by August 15 detailing expenditures of municipal street aid funds. Payment schedules vary based on the amount of aid received: municipalities receiving $50,000 or less are paid a lump sum in August, those receiving more than $50,000 but not exceeding $200,000 are paid in two installments, and those receiving over $200,000 are paid in four installments.

Delaware HB426 amends state aid to municipalities for street improvements, detailing payment schedules and reporting requirements.

Delaware HB426 modifies Title 30 of the Delaware Code concerning state aid to municipalities for street improvements. It mandates annual reports by August 15 detailing expenditures of municipal street aid funds. Payment schedules vary based on the amount of aid received: municipalities receiving $50,000 or less are paid a lump sum in August, those receiving more than $50,000 but not exceeding $200,000 are paid in two installments, and those receiving over $200,000 are paid in four installments.