Delaware lawmakers are trying to maintain the state as a top destination for business incorporation after Elon Musk's move to reincorporate both Tesla and SpaceX outside of Delaware.
They are considering a bill that would change how deals between corporate leaders and major shareholders are handled, aiming to preserve the business-friendly reputation of the state.
The bill has been passed unanimously by the state Senate and will now move to the state House of Representatives for approval.
The changes are not intended to lure Musk back, but to ensure that companies considering leaving the state have predictable and consistent regulations.