CHAPTER 151

FORMERLY

HOUSE BILL NO. 546

AN ACT TO AMEND SECTION 1106, TITLE 30, DELAWARE CODE, RELATING TO MODIFICATIONS OF TAXABLE INCOME.

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

Section 1. Amend Section 1106, Title 30, Delaware Code, by striking paragraph (2) of subsection (a) of said section in its entirety, and inserting in lieu thereof a new paragraph (2) to read as follows:

(2) The amount of any long-term capital gains deduction allowable under the laws of the United States attributable to long-term capital gains realized before January 1, 1972 or after the effective date of this Act.

Section 2. The effective date of this Act shall be the day after this Act is signed by the Governor of the State of Delaware.

Approved July 6, 1973.