Delaware Gov. Matt Meyer on Friday praised a unanimous Delaware Supreme Court decision upholding Senate Bill 21, calling it a win for the state’s corporate franchise and long-standing reputation as a hub for incorporation.

A new bill introduced in the Delaware House of Representatives could alter how businesses and individuals deduct expenses on their state tax returns by breaking with recent federal tax changes.

 Senate Bill 21 seeks to clarify business laws in an effort to keep major corporations in the state, which provide a significant source of revenue.