SENATE BILL NO. 32
AN ACT TO AMEND THE CHARTER OF THE TOWN OF MILLSBORO, CHAPTER 212, VOLUME 68, LAWS OF DELAWARE, AS AMENDED, ENTITLED "AN ACT TO AMEND AN ACT BEING CHAPTER 457, VOLUME 60, LAWS OF DELAWARE, AS AMENDED, ENTITLED 'AN ACT TO REINCORPORATE THE TOWN OF MILLSBORO' TO INCREASE THE AMOUNT PERMITTED TO BE RAISED FROM THE TAXATION OF REAL ESTATE AND TO PERMIT QUARTERLY ASSESSMENTS OF REAL ESTATE"; AND CHAPTER 457, VOLUME 60, LAWS OF DELAWARE, AS AMENDED, ENTITLED "AN ACT TO REINCORPORATE THE TOWN OF MILLSBORO" RELATING TO THE REMOVAL OF THE LIMITATION OF THE AMOUNT OF TAXES WHICH MAY BE RAISED FROM THE TAXATION OF REAL ESTATE.
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 the Charter of the Town of Millsboro, Chapter 212, Section 1, Volume 68, Laws of Delaware, as amended, by striking Section 1 of Chapter 212 in its entirety.
Section 2. Amend the Charter of the Town of Millsboro, Chapter 457, Volume 60, Laws of Delaware, as amended, by striking Section 30(a)(30) thereof in its entirety and by substituting in lieu thereof the following:
"(30) To levy and collect taxes for any and all municipal purposes upon all real estate and improvements located thereon; provided, however, that there shall be no limitation upon the amount which may be raised from the taxation of real estate for the payment of interest on or principal of any bonded indebtedness whether hereinbefore or hereinafter incurred;”
Approved April 8, 2007