CHAPTER 363

FORMERLY

SENATE BILL NO. 221

AN ACT TO AMEND VOLUME 57, CHAPTER 736, LAWS OF DELAWARE, ENTITLED "AN ACT AUTHORIZING THE STATE OF DELAWARE TO BORROW MONEY TO BE USED FOR CAPITAL IMPROVEMENTS AND EXPENDITURES IN THE NATURE OF CAPITAL INVESTMENTS AND TO ISSUE BONDS AND NOTES THEREFOR AND APPROPRIATING THE MONIES TO VARIOUS AGENCIES OF THE STATE" BY EXTENDING THE DATE ON SALES OF THE BONDS AND NOTES.

Be it enacted by the General Assembly of the State of Delaware (three fourths of all the members elected to each branch thereof concurring therein):

Section 1. Amend Chapter 736, Volume 57, Laws of Delaware, by striking Sections 18 and 19 as the same appears therein, and inserting in lieu thereof new Sections 18 and 19 reading as follows:

"Section 18. No bonds or notes shall be issued or monies borrowed on behalf of this State, pursuant to this Act, after June 30, 1978, except as provided in Chapter 75, Title 29, Delaware Code.

"Section 19. This Act may be known, styled or referred to as the "Annual Capital Improvement Act of 1971."

Approved April 13, 1976