HOUSE BILL NO. 492
AN ACT TO AMEND THE CHARTER OF THE TOWN OF MILLSBORO, CHAPTER 457, VOLUME 60, LAWS OF DELAWARE, AS AMENDED, ENTITLED "AN ACT TO REINCORPORATE THE TOWN OF MILLSBORO", TO DELETE THE LIMITATION ON THE ANNUAL APPROPRIATION FOR A PENSION AND HEALTH AND WELFARE PLAN FROM SECTION 30(41).
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF DELAWARE (Two-thirds of all members elected to each house thereof concurring therein):
Section 1. Subsection (41), Section 30, Enumeration of Powers, of Chapter 457, Volume 60, be and is hereby amended by striking out the second clause: "provided, however, that any annual appropriation which is made by the Town Council under any such Pension Plan or any Health and Welfare Plan, or both, shall not exceed a maximum of fifteen percent (15%) of the total annual payroll of the town;"
The remainder of the section remains unchanged.
Approved April 20, 1998