CHAPTER 464

FORNIERLY

HOUSE BILL NO. 590

AS AMENDED BY SENATE AMENDMENT NO. 1 AND

HOUSE AMENDMENT NO. 1

AN ACT TO AMEND CHAPTER 7, TITLE 18, DELAWARE CODE RELATING TO THE DISTRIBUTION OF INSURANCE PREMIUM TAXES AND FEES.

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

Section 1. Amend § 708, Chapter 7, Title 18, Delaware Code by striking the number "50%" as it appears after the word "cover" and before the word "or and substituting in lieu thereof the number "25%".

Approved July 9, 1996