CHAPTER 340

FORMERLY

HOUSE BILL NO. 723

AN ACT TO AMEND CHAPTER 121, VOLUME 28, LAWS OF DELAWARE AND TO REPEAL CHAPTER 205, VOLUME 27, CHAPTER 93, VOLUME 55, AND SECTION 16, CHAPTER 177, VOLUME 24, LAWS OF DELAWARE, RELATING TO ASSESSMENT OF PUBLIC UTILITIES BY THE CITY OF WILMINGTON.

WHEREAS, it is desirable to revise the manner prescribed for assessment of certain property of public utilities by the City of Wilmington; and

WHEREAS, the City of Wilmington desires to use the assessments placed on such property by New Castle County as the assessments for the purposes of municipal taxation herein provided.

Be it enacted by the General Assembly of the State of Delaware (two-thirds of the members elected to each branch thereof concurring therein):

Section 1. Amend Volume 28, Laws of Delaware, Chapter 121, Section 9, by striking the words, "located on the public streets in the City of Wilmington, or on private property not otherwise taxed, excepting those now exempt from taxation by law, shall be assessed as is now provided by law", and substituting in lieu thereof the words "shall be assessed as is now provided by law for the assessment of real estate", and by adding the following sentence:

"Every person, firm, association, or corporation owning or operating property subject to assessment shall supply any information required and otherwise fully cooperate with the Board of Assessment for the purpose of arriving at a good, fair, equal, faithful and complete assessment."

Section 2. Volume 27, Laws of Delaware, Chapter 205 and Volume 55, Laws of Delaware, Chapter 93, and Volume 24, Laws of Delaware, Chapter 177, Section 16, are hereby repealed.

Section 3. This Act shall become effective upon approval by the Governor and shall govern assessments for the tax year commencing July 1, 1974.

Approved May 28, 1974.