CHAPTER 293
FORMERLY HOUSE BILL NO. 511
AS AMENDED BY
HOUSE AMENDMENT NO. 1
AN ACT TO AMEND CHAPTER 19, TITLE 30, DELAWARE CODE. RELATING TO THE CORPORATE INCOME TAX.
Be it enacted by the General Assembly of the State of Delaware:
Section 1. Subsection (a), Section 1902, Title 30, Delaware Code, is amended by adding after the first sentence of said subsection the following:
"Corporations subject to the tax imposed by this subsection shall pay, in addition to the 6% tax computed in accordance with Section 1903, a surcharge equal to 20 percent of the amount of tax due. The surcharge shall be imposed only on that taxable income earned for the period beginning August 1, 1971 and ending June 30, 1973."
Section 2. Section 1906, Title 30, Delaware Code, is deleted in its entirety.
Section 3. This Act shall take effect August 1, 1971.
Approved July 30, 1971.