FORMERLY
AN ACT TO AMEND TITLE 30 OF THE DELAWARE CODE RELATING TO TAXES ON PERSONAL INCOME.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF DELAWARE :
Section 1. Amend § 1102(a), Title 30 of the Delaware Code, by adding a new paragraph (11) to read as follows:
“(11) For taxable years beginning after December 31, 1999, the amount of tax shall be determined by reference to paragraph (10) and 5.95 % of taxable income in excess of $60,000.”
Section 2. This Act shall be effective for tax periods commencing after December 31, 1999.
