CHAPTER 388

FORMERLY

SENATE BILL NO. 458

AN ACT TO AMEND CHAPTER 27, TITLE 30, DELAWARE CODE, RELATING TO MANUFACTURERS' LICENSE TAX.

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

Section 1. Amend §2702. Chapter 27, Title 30 of the Delaware Code, by striking the fraction "3/10" as it appears In paragraph (b)(1) of said section and substitute in lieu thereof the fraction "1/4".

Section 2. This Act is effective for gross receipts received on or after January 1, 1987.

Approved July 2, 1986.