HOUSE BILL NO. 821
AS AMENDED BY HOUSE AMENDMENT NO. 2
AN ACT TO AMEND CHAPTER 54, TITLE 30, DELAWARE CODE, TO EXEMPT VOLUNTEER FIRE COMPANIES FROM THE REALTY TRANSFER TAX.
Be it enacted by the General Assembly of the State of Delaware:
Section 1. Section 5401 (a), Chapter 54, Title 30, relating to definition of "document," is amended by adding a new paragraph (18) to read as follows:
"(18) Any conveyance to or from a Volunteer Fire Company, organized under the laws of this State; provided, however, that only that portion of the tax which is attributable to and payable by the Volunteer Fire Company under Section 5402 of this Chapter shall be exempt."
Approved December 5, 1973.