CHAPTER 299

FORMERLY HOUSE BILL NO. 516

AN ACT AMENDING CHAPTER 5, TITLE 28, DELAWARE CODE, RELATING TO THE TAX ON PARI-MUTUEL AND TOTALIZATOR POOLS.

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

Section 1. Section 555, subsection (a), Chapter 5, Title 28, Delaware Code, is amended by striking the words "5%" and substituting in lieu thereof the words "5 1/2%."

Section 2. Section 555, subsection (a), Chapter 5, Title 28, Delaware Code, is further amended by inserting between the words "made" and "on" the phrase "on or after August 1, 1971."

Section 3. This Act shall become effective August 1, 1971.

Approved July 31, 1971.