CHAPTER 62

INCOME TAX

AN ACT TO AMEND CHAPTER 6 OF THE REVISED CODE OF THE STATE OF DELAWARE, 1935, IN RELATION TO STATE REVENUE DERIVED FROM TAX UPON SALARIES, FEES, WAGES OR PENSIONS PAID BY THE GOVERNMENT OF THE UNITED STATES.

Be it enacted by the Senate and House of Representatives of the State of Delaware in General Assembly met:

Section 1. That Section 112 of Chapter 6 of the Revised Code of the State of Delaware, 1935, being Code Section 146 of said Code, be and the same is hereby amended by striking out and repealing paragraph (8) under (a) of said Section 112 of said Chapter.

Section 2. That any income received from salaries, wages, fees or pensions received from the United States, or from any corporation, the stock of which is owned or controlled by the government of the United States, or any department, bureau or agency thereof, shall constitute taxable income as defined in Section 110 of Chapter 6 of the Revised Code, 1935, as amended, being code Section 144, beginning with the year 1939, and shall be subject to the income tax provided by Article 12 of said Chapter 6 of the Revised Code of Delaware, 1935, as amended, in the same manner and subject to the same provisions as said taxable income included in the phrase "Net Income" as defined in said Section 110 of Chapter 6, being Code Section 144, of said Revised Code of Delaware, 1935, as amended.

Section 3. That all acts or parts of acts inconsistent with this act are hereby repealed only to the extent of such inconsistency.

Approved April 14, 1939.