CHAPTER 273

FORMERLY

HOUSE BILL NO. 783

AN ACT TO AMEND CHAPTER578, VOLUME 58, AS AMENDED BY VOLUME 59, CHAPTER 76, LAWS OF DELAWARE, TO EXTEND THE TIME DURING WHICH THE STATE MAY BORROW MONEY UNDER SUCH ACT AS AMENDED FOR PROJECTS OF THE DEPARTMENT OF NATURAL RESOURCES AND ENVIRONMENTAL CONTROL.

BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF DELAWARE (three-fourths of all members elected to each House thereof concurring therein):

Section 1. Chapter 578, :Volume 58, Laws of Delaware, is hereby amended by deleting §26 in its entirety and substituting in lieu thereof a new §26 to read as follows:

"126. No bonds or notes shall be issued or monies borrowed on behalf of this State, pursuant to this Act, as amended, after June 30, 1978, except (i) as provided in Chapter 75, Title 29, Delaware Code, as amended, or (ii) for projects of the Department of Natural Resources and Environmental Control authorized pursuant to Volume 59, Chapter 76, Laws of Delaware, provided, further that no bonds or notes shall be issued or monies borrowed for such purposes after June 30, 1980."

Section 2. This Act shall take effect in the manner provided by law.

Approved May 12, 1978.