CHAPTER 342

FORMERLY HOUSE

BILL NO. 608

AN ACT TO AMEND CHAPTER 11, PART II, TITLE 30, DELAWARE CODE, RELATING TO DEDUCTIONS FOR STATE INDIVIDUAL INCOME TAX PURPOSES FROM GROSS INCOME FOR INCOME TAXES PAID TO THE UNITED STATES.

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

Section 1. Section 1106 (b) Title 30, Delaware Code, is amended by deleting paragraph (3) in its entirety.

Section 2. Section 1107, Title 30, Delaware Code, is amended by numbering the present section as subsection (a) and by adding a new subsection (b) to read as follows:

(b) In addition to the standard deductions as provided by Section 1108 of this title, or the itemized deductions provided by Section 1109 of this title, the resident individual shall be allowed a deduction for the amount of income taxes paid to the United States, but not in excess of $300 for a separate return, nor $600 for a joint return.

Section 3. Subchapter III, Title 30, Delaware Code, is amended by adding a new Section 1127 to read as follows:

§ 1127. Deductions for federal income taxes

In addition to the standard deduction provided by Section 1123 of this title, or the itemized deductions provided by Section 1124 of this title, the nonresident individual shall be allowed a deduction for the amount of income taxes paid to the United States, but not in excess of $300 for a separate return, nor $600 for a joint return.

Section 4. The effective date of this act shall be January 1, 1971.

Approved February 2, 1972