The Delaware Economic Development Authority (“the Authority”) shall, by rules and regulations, establish the Delaware Investment Tax Credit Program (“the Program”), which Program shall provide for qualification of businesses to receive investment from individuals obtaining tax credit certification under the Program and for the certification of qualified investments by individuals for tax credits under § 1116 of Title 30. The Authority shall by rule or regulation set forth qualifications for participation in the Program in accordance with §§ 8797A and 8798A of this title and may issue rules or regulations relating to such other matters as, in the judgment of the Authority, are necessary or desirable to further the purposes of the Program, not inconsistent with the provisions of this subchapter. Rules or regulations issued under this subchapter shall have the force and effect of law.
68 Del. Laws, c. 203, § 2; 81 Del. Laws, c. 49, § 1; 81 Del. Laws, c. 244, § 2, 5; 81 Del. Laws, c. 374, § 49, effective July 1, 2018; 81 Del. Laws, c. 244, § 2, 5.