SENATE BILL NO. 319
AS AMENDED BY SENATE AMENDMENT NO. 1 AND HOUSE AMENDMENT NO. 2
AN ACT TO AMEND TITLE 23, CHAPTER 21 OF THE DELAWARE CODE RELATING TO LICENSES AND REGISTRATION FEES OF MOTORBOATS.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF DELAWARE:
Section 1. Amend §2113, Chapter 21, Title 23 of the Delaware Code by adding thereto a new subsection '8', said subsection to read as follows:
"(g) Annually, beginning January I, 1987, the first $150,000.00 of the funds derived by the State pursuant to this section shall be deposited by the Department with the State Treasurer and shall be specifically set aside and earmarked for the purpose of matching and securing money allotted to Delaware under the Federal Aid in Sport Fish Restoration Act (16 USC 777 i) as amended by the Deficit Reduction Act of 1984 Public Law 98- 369 (commonly known as the 'Federal Wallop Breaux Fund'). Any funds collected by the State pursuant to this Section in excess of $150,000.00 annually, shall revert to the General Fund of the State."
Approved June 30, 1986.