HOUSE BILL NO. 214
AS AMENDED BY HOUSE AMENDMENT NO. 1
AND SENATE AMENDMENT NOS. 1 AND 2
AN ACT TO AMEND CHAPTER 13, TITLE 30, DELAWARE CODE, RELATING TO RATES OF INHERITANCE TAXES.
Be it enacted by the General Assembly of the State of Delaware:
Section 1. Amend § 1322, Title 30, Delaware Code, by striking in its entirety the paragraph entitled "(1) Class A", and inserting in lieu thereof the following:
"(1) Class A. Where the property or any interest or estate therein passes to or for the use of the husband or wife the decedent, the tax on such property, interest or estate shall be at the following rates:
On that part of its value exceeding $70,000 and not exceeding $100,000, two per cent (2%):
On that part of its value exceeding $100,000 and not exceeding $200,000, three per cent (3%);
On that part of its value exceeding $200,000, four per cent (4%)."
Section 2. The effective date of this Act shall be January 1, 1977.