SENATE SUBSTITUTE NO. 2 FOR SENATE BILL NO. 551
AS AMENDED BY SENATE AMENDMENT NO. 4
AN ACT TO AMEND TITLE 30, DELAWARE CODE, RELATING TO THE COLLECTION OF REALTY TRANSFER TAX.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF DELAWARE (Three-quarters of all members elected to each House thereof concurring therein):
Section 1. Amend §5406, Title 30, Delaware Code, by striking subsection (b) as it appears therein in its entirety and substituting in lieu thereof the following new subsection (b) to read as follows:
"(b) The Department of Finance shall appoint, in each county, either the Recorder of Deeds for that county or the County Department of Finance or County Treasurer, as agent for the sale of stamps to be used in paying the tax imposed by this chapter upon documents and shall allow a commission of twenty-five percent (25%) of the face value of the stamps. The commissions allowed to these agents shall be turned over to the County Treasurer for the County in which the tax is collected, for the use of the County."
Section 2. The provisions of this Act shall become effective July 1, 1983.
Approved July 23,1982.