SENATE BILL NO. 411
AN ACT TO AMEND CHAPTER 212, VOLUME 25, LAWS OF DELAWARE ENTITLED "AN ACT TO INCORPORATE THE TOWN OF BETHANY BEACH AND GIVING IT AUTHORITY TO ISSUE BONDS" AS AMENDED, BY INCREASING THE AMOUNT WHICH THE TOWN OF BETHANY BEACH MAY RAISE BY TAXATION OF ASSESSABLE REAL ESTATE.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF DELAWARE (Two-thirds of all members elected to each House thereof concurring therein):
Section 1. Amend §19, Chapter 212, Volume 25, Laws of Delaware, as amended by striking said section in its entirety and inserting in lieu thereof a new Section 19 to read as follows:
"Section 19. That for the purpose of raising money for the general purposes of said Town, the Commissioners of said Town are authorized and empowered to levy and collect by taxation an annual sum, not exceeding three hundred thousand dollars ($300,000) on all assessable real estate within the limits of the said Town."
Approved May 19, 1978.