On June 29, 2017, Delaware Governor John Carney signed into law Senate Substitute 1 for Senate Bill 79, which revises parts of Senate Bill 13, the major unclaimed property legislation passed earlier this year.
Perhaps most significantly, SS1/SB 79 gives the Secretary of Finance a five-month extension, to December 1, 2017, to publish the required estimation methodology regulations for audits and voluntary disclosure agreements (VDAs). This was in response to the proposed regulations issued in April from the Department of Finance, which did not correspond to those proposed by the Department of State.
Please see full publication below for more information.