AN ACT TO AMEND CHAPTER 529, VOLUME 50, LAWS OF DELAWARE, ENTITLED "AN ACT TO PROVIDE FOR THE ENLARGEMENT AND IMPROVEMENT OF THE SYSTEM OF FREE PUBLIC SCHOOLS OF DELAWARE; APPROPRIATING MONEY FOR SAID PURPOSES; AUTHORIZING THE FINANCING OF SUCH ENLARGEMENT AND IMPROVEMENT BY THE ISSUANCE OF BONDS AND BOND ANTICIPATION NOTES OF THE STATE AND BY CONTRIBUTIONS FROM CERTAIN SCHOOL DISTRICTS, AND THE CITY OF WILMINGTON, DEFINING SCHOOL DISTRICTS; AUTHORIZING THE ISSUANCE OF BONDS OF CERTAIN SCHOOL DISTRICTS AND THE CITY OF WILMINGTON FOR THE PURPOSE OF RAISING MONEY TO MAKE SUCH CONTRIBUTIONS; AND AUTHORIZING THE ACCEPTANCE OF FEDERAL FUNDS FOR BUILDING PURPOSES AND CREATING LOCAL SCHOOL BUILDING COMMISSIONS", BY PROVIDING THAT LOCAL SHARES OF SCHOOL DISTRICTS MAY BE DEPOSITED WITH THE STATE TREASURER ON OR BEFORE DECEMBER 31, 1957.
Be it enacted by the General Assembly of the State of Delaware (three-fourths of all Members elected thereto concurring therein):
Section 1. Section 14, Chapter 529, Volume 50, Laws of Delaware, is amended by striking out the first paragraph thereof, and by inserting in lieu of said first paragraph a new first paragraph as follows :
Section 14. Except in the case of a school district for which a local share is not shown by the foregoing table, the State share apportioned to a school district shall not be expended unless the local share for such school district shall have been deposited with the State Treasurer on or before December 31, 1957.