AN ACT AGREEING TO A PROPOSED AMENDMENT TO ARTICLE 8 OF THE CONSTITUTION OF THE STATE OF DELAWARE ENTITLED "REVENUE AND TAXATION".
WHEREAS, an amendment to Article 8 of the Constitution of the State of Delaware was proposed to the 120th General Assembly as follows:
An Act Proposing An Amendment To Article 8 Of The Constitution Of The State Of Delaware Entitled "Revenue And Taxation".
Be it enacted by the General Assembly of the State of Delaware (two-thirds of all Members elected to each House thereof concurring therein):
Section 1. Article 8 of the Constitution of the State of Delaware is amended by adding a new section thereto to read as follows:
Any law which shall have the effect of increasing the rates of taxation on personal income for any year or part thereof prior to the date of the enactment thereof, or for any year or years prior to the year in which the law is enacted, shall be void., AND
WHEREAS, the said proposed amendment was agreed to by two-thirds of all the Members elected to each House in the said 120th General Assembly, NOW, THEREFORE,
Be it enacted by the General Assembly of the State of Delaware (two-thirds of all Members elected to each House concurring therein):
Section 1. The said proposed amendment is agreed to and adopted and shall forthwith become a part of the Constitution.
Effective April 17, 1962.