HOUSE BILL NO. 986
AN ACT TO AMEND CHAPTER 277, VOLUME 40, LAWS OF DELAWARE, AS AMENDED, ENTITLED "AN ACT TO RE-INCORPORATE THE TOWN OF LAUREL" BY INCREASING THE AMOUNT OF MONEY THAT MAY BE RAISED ANNUALLY BY TAXATION FOR MUNICIPAL PURPOSES.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF DELAWARE (two-thirds of all of the members elected to each House thereof concurring):
Section 1. Section 33, Chapter 277, Volume 49, Laws of Delaware, as amended by Chapter 164, Volume 58, Laws of Delaware, is hereby further amended by striking the words and figures "One Hundred Twenty Thousand Dollars ($120,000.00)" and substituting in lieu thereof the words and figures "Two Hundred Twenty-Five Thousand Dollars ($225,000)".
Approved July 12, 1978.