Delaware General Assembly


CHAPTER 69

AN ACT TO AMEND TITLE 29, SECTION 7424, DELAWARE CODE, RELATING TO THE ATTACHING OF A DEBT STATEMENT TO EVERY BILL WHICH AUTHORIZES THE ISSUANCE OF BONDS OR NOTES PLEDGING THE FAITH AND CREDIT OF THE STATE.

Be it enacted by the General Assembly of the State of Delaware:

Section 1. Title 29, Section 7424 (a) is hereby amended by striking out from the first sentence thereof the words:

(a) Every bill authorizing the issuance of bonds or notes pledging the faith and credit of the State introduced in the General Assembly shall be accompanied by a debt statement which shall be in form prescribed by the Budget Director and shall set forth with respect to the State:

And insert in lieu thereof the following:

(a) On the day that the final vote in each House of the General Assembly shall be taken on the passage of every bill which authorizes the issuance of bonds or notes pledging the faith and credit of the State, there shall be attached to said bill a debt statement which shall be in the form prescribed by the Budget Director and shall set forth with respect to the State.

Approved May 8, 1969.