CHAPTER 185

AN ACT TO INCREASE THE RATE OF INTEREST FOR DELINQUENT TAXES DUE THE STATE TAX DEPARTMENT.

Be it enacted by the General Assembly of the State of Delaware:

Section 1. Section 1187, Title 30, Delaware Code, is amended by striking the words "one-half of one per cent" as they appear in subsections (a), (b), (c), (d), (i), and (j), and inserting in lieu thereof the words "one per cent".

Section 2. Section 1342, Title 30, Delaware Code, is amended by striking the words "6% per annum", and inserting in lieu thereof the words "one per cent per month or fraction of a month".

Section 3. Section 1343, Title 30, Delaware Code, is amended by striking the words "6% per annum", and inserting in lieu thereof the words "one per cent per month or fraction of a month".

Section 4. Section 1504, Title 30, Delaware Code, is amended by striking the words "6% per annum", and inserting in lieu thereof the words "one per cent per month or fraction of a month".

Section 5. Section 1910, Title 30, Delaware Code, is amended by striking the words "one-half of one per cent" as they appear in subsections (a) and (d), and inserting in lieu thereof the words "one per cent".

Section 6. Section 1911, Title 30, Delaware Code, is amended by striking the words "one-half of one per cent" as they appear in subsections (a) and (b), and inserting in lieu thereof the words "one per cent".

Approved June 28, 1969.