Will Delaware raise its corporate franchise tax?

If legislation that increases the annual franchise tax owed by stock corporations under 8 Del. C. ch. 5 is enacted in Delaware before Sep 1, 2027, then the market resolves to Yes.

Enactment requires completion of all constitutional and legal requirements for the legislation to become binding law. Standard legislation requiring executive approval: final passage by all required legislative bodies, executive signature OR becoming law despite executive inaction OR successful veto override, and satisfaction of any required waiting periods Legislation not requiring executive approval: final passage and completion of required waiting periods Constitutional amendments: passage with required supermajorities and completion of ratification processes Executive orders: official signature, publication in official government records, and legal effectiveness The following do NOT constitute enactment: Legislative passage without completed executive action Passage by only some required bodies Provisional passage Non-binding resolutions Draft orders Enactment occurs when all requirements are completed, regardless of pending judicial challenges.

opened

Aug 17 · 6:35 PM UTC

closes

Sep 1, 2027 · 3:59 AM UTC · may close early

settles by

Sep 8, 2027 · 2:00 PM UTC

ticker

KXLOCALLAW-DELCCH5-27SEP01