Bill Type
Long Title
AN ACT AMENDING CERTAIN SECTIONS OF PRESIDENTIAL DECREE EIGHTEEN HUNDRED AND SIXTY-NINE, OTHERWISE KNOWN AS PAGCOR CHARTER, ENTITLED 'CONSOLIDATING AND AMENDING PRESIDENTIAL DECREE NOS. 1067-A, 1067-B, 1067-C, 1399 AND 1632, RELATIVE TO THE FRANCHISE AND POWERS OF THE PHILIPPINE AMUSEMENT AND GAMING CORPORATION (PAGCOR)' AND FOR OTHER PURPOSES
Date filed
July 24, 1998
Scope
Urgent Bill
No
Legislative History
| House Bill/Resolution NO. HB01301 |
| FULL TITLE : AN ACT AMENDING CERTAIN SECTIONS OF PRESIDENTIAL DECREE EIGHTEEN HUNDRED AND SIXTY-NINE, OTHERWISE KNOWN AS PAGCOR CHARTER, ENTITLED 'CONSOLIDATING AND AMENDING PRESIDENTIAL DECREE NOS. 1067-A, 1067-B, 1067-C, 1399 AND 1632, RELATIVE TO THE FRANCHISE AND POWERS OF THE PHILIPPINE AMUSEMENT AND GAMING CORPORATION (PAGCOR)' AND FOR OTHER PURPOSES |
| ABSTRACT : Allows the PAGCOR to (1) retain up to ten percent (10%) of its earning after deducting the five percent (5%) franchise tax; (2) create its subsidiaries and privatize a portion of these subsidiaries ;retain its tax incentives; and (4) design a createnew games of chance or any other innovations. |
| PRINCIPAL AUTHOR/S : TUAZON, RODOLFO T. |
| DATE FILED : 1998-07-24 |
| SIGNIFICANCE: NATIONAL |
| AUTHORSHIP WITHDRAWALS: |
| (1999-03-17) |
| () |
| ADMINISTRATION BILL? No |
| URGENT BILL? No |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON GAMES AND AMUSEMENTS ON 1998-07-30 |
Abstract
Allows the PAGCOR to (1) retain up to ten percent (10%) of its earning after deducting the five percent (5%) franchise tax; (2) create its subsidiaries and privatize a portion of these subsidiaries ;retain its tax incentives; and (4) design a createnew games of chance or any other innovations.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.