CHAPTER 244

FORMERLY

HOUSE BILL NO. 458

AS AMENDED BY HOUSE AMENDMENT NO. 1

AN ACT AMENDING 28 DELAWARE CODE, CHAPTER 3, RELATING TO THE TAX ON PART-MUTUEL INCOME FROM A RACING MEET.

BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF DELAWARE:

Section 1. Amend 28 Delaware Code, Chapter 3 by striking §365 and by substituting in lieu thereof the following:

"§365. Tax on Pari-Mutuel Income

(a) Every person engaged in the business of conducting a racing meet under this chapter shall pay as a tax to this State three-quarters of one percent of the total contributions to all pari-mutuel and totalizator pools conducted on each racing day.

(b) The tax levied in subsection (a) of this section shall be paid by certified check on a weekly basis. Each such check shall be transmitted by the licensee to the Secretary of Finance no later than Wednesday following the week for which the taxes are due."

Approved March 29, 1984.