CHAPTER 475

FORMERLY

HOUSE BILL NO. 1026

AS AMENDED BY HOUSE AMENDMENT NO. 1

AN ACT TO PROVIDE A SUPPLEMENTARY APPROPRIATION TO THE DIVISION OF ECONOMIC DEVELOPMENT FOR THE PURPOSE OF CREATING A SPECIAL PROJECTS FUND.

WHEREAS, a strong program of economic development is vital to the well-being of the citizens of this State; and

WHEREAS, the General Assembly recognizes the need of the working man and woman for jobs to support themselves and their families and is also aware of the enormous contribution industry makes to the tax base of State, county, and local governments and of the continuing need for industrial growth to keep pace with new workers entering the job market and the increased cost of all governments and their services; and

WHEREAS, many persons associated with government and business have been led to feel that Delaware must make a special effort to seek and welcome potential new industry during the next year; and

WHEREAS, no budgetary provision has been made at this time for a special program which the Division of Economic Development must develop as rapidly as possible; and

WHEREAS, it is also imperative to determine the factors involving Delaware's competitive position in regard to attracting industry and to prepare extensive materials to inform new companies of the benefits of locating in Delaware;

NOW, THEREFORE,

Section 1. The sum of $150,000 which shall constitute a "Special Projects Fund" is hereby appropriated to the Division of Economic Development to be used for the following purposes:

(1) To design and implement a special, positive program of advertising and reaching out to industry outside of Delaware to clearly impress upon the companies which might desire to locate in Delaware that the State welcomes new industry;

(2) To secure the professional services necessary to thoroughly investigate the myriad levels of permit authorities that have jurisdiction over the location of new businesses corning into the State of Delaware, and to provide a plan for the orderly outlining and co-ordination of these authorities so as to encourage the location, relocation or expansion of businesses compatible with the health and economy of this State and its citizens;

(0) To contract with whatever professional industrial location services might be available to supply leads to companies which are known by them to be considering relocation; and

(1) To assimilate any information from studies—from whatever source derived or by whatever group performed—related to the impact of recent environmental legislation on economic development in Delaware and to analyze the information for planning future public relations programs and assisting the General Assembly in its decision-making.

Section 2. This Act is a supplementary appropriation and the monies hereby appropriated shall be paid out of the funds in the General Fund of the State not otherwise appropriated.

Section 3. Any funds appropriated herein remaining unexpended on June 30, 1975, shall revert to the General Fund of the State

Approved July 19, 1974.