CHAPTER 86

FORMERLY

SENATE BILL NO. 95

AN ACT TO AMEND THE CHARTER OF THE TOWN OF MILLSBORO, CHAPTER 457, VOLUME 60, LAWS OF DELAWARE, AS AMENDED, ENTITLE "AN ACT TO REINCORPORATE THE TOWN OF MILLSBORO", TO CORRECT AN ERROR AND TO CLARIFY BY ADDING AUTHORIZATION TO COLLECT PENALTIES AND INTEREST ON DELINQUENT TAXES.

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. Amend Section 28(e), of Chapter 457, volume 60, Laws of Delaware, as amended, by adding the following after the second sentence thereof:

“On all taxes paid on or after the expiration of ninety (90) days next succeeding the delivery of the duplicate Annual tax List to the Town Manager, there shall be added interest at the rate of 0.5% per month and an additional sum of 1% per month as a penalty for each month or fraction thereof such taxes shall remain unpaid and said penalties shall be collected in the same manner as the original amount of the tax.”

Approved June 28,1999