CHAPTER 432
FORMERLY
SENATE BILL NO. 473
AS AMENDED BY SENATE AMENDMENT NOS. 1 AND 2 AND HOUSE AMENDMENT NO. 1
AN ACT TO AMEND CHAPTER 81. TITLE 9, OF THE DELAWARE CODE RELATING TO REAL PROPERTY TAX EXEMPTIONS FOR PARTICULAR PURPOSE PROPERTY IN NEW CASTLE COUNTY.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF DELAWARE:
Section 1. Amend Section 8104. Chapter 81. Title 9, Delaware Code by adding a new subparagraph (b) to read as follows:
"(b) No real property which has been required by New Castle County to be set aside for public parkland or public open space during the zoning or subdivision process, shall be liable to taxation and assessment for public purposes by the County or other political subdivision of the State or County. Any outstanding penalty or interest incurred as a result of unpaid taxes on said property shall be forgiven."
Section 2. This Act shall not affect any taxes owed on any said property which had been set aside for parkland or open space during the zoning or subdivision process on or prior to the date of enactment.
Section 3. This Act shall become effective on July 1, 1984.
Approved July 20, 1984.