AN ACT TO AMEND TITLE 30, SECTION 1101, DELAWARE CODE, RELATING TO DEFINITIONS.
Be it enacted by the General Assembly of the State of Delaware:
Section 1. Section 1101, Title 30, Delaware Code, is amended by striking the "." as the same appears after the words "trade or commerce conducted in this State" in subparagraph 7 (b) of said section defining "Taxable" and inserting the following:
", including capital gains on the sale or other disposition of real estate or tangible personal property located in the State of Delaware."
Section 2. The provisions of this Act shall apply to all property sold after the date this Act becomes effective.
Approved July 19, 1970.