CHAPTER 74

FORMERLY

HOUSE BILL NO. 157

AS AMENDED BY

HOUSE AMENDMENT NO. 2

AN ACT TO AMEND CHAPTER 51, TITLE 30, DELAWARE CODE, RELATING TO THE MOTOR FUEL TAX.

BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF DELAWARE:

Section 1. Amend Section 5110, Title 30, Delaware Codeā€¢, by striking the figure "9" as the same appears therein and substituting in lieu thereof the figure "11".

Section 2. Amend Section 5132, Title 30, Delaware Code, by striking the figure "9" as the same appears therein, and substituting in lieu thereof the figure "11".

Section 3. The rate of tax imposed by this Act shall take affect July 1, 1977, and shall terminate on December 31, 1979

or on the last day of the month in which the State Treasurer shall deliver to the Governor, the Speaker of the House of Representatives and President Pro-Tempore of the Senate a certificate stating that there are sufficient funds in "The State of Delaware General Obligation Bonds (Special General Fund Issue) Account" to pay in full the principal of and interest on certain General Obligation Bonds issued by the State to provide funds to meet General Fund obligations incurred and payable prior to June 30, 1977, whichever date is sooner. Thereupon, the rate of tax shall revert to the rate provided by statute prior to July 1, 1977.

Approved June 8, 1977.