CHAPTER 158
FREE SCHOOLS
AN ACT to amend Chapter 160, Volume 32, Laws of Delaware, by reducing the tax on personal and real property levied by the Levy Courts of the respective counties for the maintenance and support of the Free Public Schools of the State of Delaware.
Be it enacted by the Senate and House of Representatives of the State of Delaware in General Assembly met:
Section 1. That Article XIII, Chapter 160, Volume 32, Laws of Delaware, be and the same is hereby amended by striking out all of Section 58 of said Article XIII, and by inserting in lieu thereof the following new section:
Section 58. The free public schools of the State of Delaware shall be maintained and supported:
1. By all revenue derived from any personal income tax collected under the provisions of Article 1, Chapter 9, Volume 32, Laws of Delaware;
2. By all revenue derived from any tax on corporations collected under the provisions of Article II, Chapter 9, Volume 32, Laws of Delaware;
3. By all revenue derived from any franchise tax collected under the provisions of Article VIII, Chapter 6, Revised Code of Delaware;
4. By all revenue derived from a uniform tax on personal and real property in the respective counties at the rate of fifteen cents on each one hundred dollars of assessed value as determined and fixed for county purposes;
5. By the revenue derived from the income of the State School Fund;
6. By such moneys as shall be appropriated from time to time as additional appropriations made by the General Assembly.
Section 2. That Article XIII of Chapter 160, Volume 32, Laws of Delaware, be and the same is hereby further amended by striking out the words "twenty-five" in the fourth line of the first paragraph of Section 59 of said Article XIII, and by inserting in lieu thereof the following word, to-wit: "fifteen".
Section 3. That Article XIII of Chapter 160, Volume 32, Laws of Delaware, be and the same is hereby further amended by striking out and repealing all of Section 60 of said Article XIII, and by inserting in lieu thereof the following new section:
Section 60. The revenue derived from income taxes, franchise taxes, tax on corporations, and income of the State School Fund, as provided in Section 58 of this Article, together with any fees that may be received from the operation of the income tax and corporation tax laws, as provided in Chapter 9, Volume 32, Laws of Delaware, shall be set aside by the State Treasurer for school purposes and shall be paid out as provided in this Act on the order of the State Board of Education.
Section 4. All Acts or parts of Acts inconsistent herewith are hereby repealed to the extent of such inconsistency.
Approved May 4, A. D. 1927.