HOUSE BILL NO. 220
AN ACT TO AMEND CHAPTER 27 OF TITLE 30, DELAWARE CODE, RELATING TO A REVISION OF MANUFACTURERS' LICENSE REQUIREMENTS AND TAXES.
Be it enacted by the General Assembly of the State of Delaware:
Section 1. Amend §2702(a) of Chapter 27, Title 30, Delaware Code, by striking said subsection (a) in its entirety and substitute a new subsection (a) to read as follows:
"(a) Any person desiring to engage in business in this State as a manufacturer shall obtain a license upon making application to the Division of Revenue and paying a fee of $50 for each place of business. Such license shall be valid until the first of January at which time it may be renewed for a full year and every year thereafter provided that the manufacturer makes application therefor and payment of $50 for each place of business, plus the license fee required by subsection (b) of this section."
Section 2. Amend §2702(b) of Chapter 27, Title 30, Delaware Code, by striking said subsection (b) in its entirety and substitute in lieu thereof a new subsection (b) to read as follows:
"(b) In addition to the license fee required by subsection (a) of this section, every manufacturer shall pay a license fee of 3/10 of one percent of the aggregate gross receipts paid to such manufacturer, which fee shall be payable monthly on or before the 20th day of each month with respect to the aggregate gross receipts for the immediately preceding month. The monthly returns shall be accompanied by a certified statement on such forms as the Department of Finance shall require in computing the fee due."
Section 3. Subsection (c) of §2702, Chapter 27, Title 30, Delaware Code, is hereby repealed.
Section 4. To implement the change in expiration date on licenses as set forth in Section 1 of this Act, all licensees shall pay one-half of the license fee as set forth in Section 1 of this Act on or before July 1, 1975 which will extend those licenses to December 31, 1975.
Section 5. This Act shall take effect on April 1, 1975.
Approved March 27, 1975. 4:30 p.m.