CHAPTER 470

FORMERLY

HOUSE BILL NO. 468

AN ACT TO AMEND CHAPTER 11, TITLE 30 OF THE DELAWARE CODE TO EXEMPT BENEFITS RECEIVED UNDER THE FEDERAL RAILROAD RETIREMENT ACT FROM DELAWARE PERSONAL INCOME TAX.

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

Section 1. Amend Chapter 11, Title 30 of the Delaware Code by striking §1106 (b)(4) and inserting in lieu thereof the following:

"(4) Social Security benefits paid by the United States and all payments received under the Railroad Retirement Act to the extent included In Federal Adjusted Gross Income."

Section 2. This Act shall apply to taxable years beginning on or alter January 1, 1984.

Approved September 29, 1984.