Legislation opponents have dubbed the "billionaire's bill" is now headed to the Delaware Senate. Here's the debate around it.

Supporters of the legislation said during the hearing that the bill is needed to quell concerns from corporations and avoid a hit to the state's largest source of revenue.

A controversial overhaul to Delaware's corporate code passed through the state Senate Thursday. The legislation would amend Delaware's corporate laws, which govern the management of most of the nation's top corporations,