HOUSE SUBSTITUTE NO. 1 TO HOUSE BILL NO. 415
AS AMENDED BY HOUSE AMENDMENT NO. 1
AN ACT TO AMEND CHAPTER 19, TITLE 29, OF THE DELAWARE CODE RELATING TO FISCAL PROJECTIONS.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF DELAWARE:
Section 1. Amend Chapter 19, Title 29, Delaware Code, by redesignating Sections 1908 and 1907 as Sections 1907 and 1908, respectively.
Section 2. Amend Chapter 19, Title 29, Delaware Code, by adding a new Section 1908 as follows:
"1908 Local School District Funds.
Any bill or resolution in either House of the General Assembly which provides for or requires the expenditure of any local school district current expense funds shall include a three-year fiscal projection. The three-year fiscal projection shall be attached by the sponsor prior to its initial committee consideration in the House of origin."
Section 3. This Act shall become effective July 1, 1982.
Approved June 29, 1982.