Bill Type
Long Title
AN ACT AMENDING CERTAIN PROVISIONS OF CHAPTER 2, TITLE THREE, BOOK II OF REPUBLIC ACT 7160 OTHERWISE KNOWN AS THE LOCAL GOVERNMENT CODE OF 1991(RE: LGU'S SHARE...NATIONA L WEALTH)
Congress Author
Date filed
July 31, 1998
Scope
Urgent Bill
No

Legislative History

House Bill/Resolution NO. HB01583
FULL TITLE : AN ACT AMENDING CERTAIN PROVISIONS OF CHAPTER 2, TITLE THREE, BOOK II OF REPUBLIC ACT 7160 OTHERWISE KNOWN AS THE LOCAL GOVERNMENT CODE OF 1991(RE: LGU'S SHARE...NATIONA L WEALTH)
ABSTRACT : AMENDS the SHARING scheme in the proceeds from the development and utilization of the national wealth so that LGUs get SIXTY PERCENT (60%) [forty percent (40%)] of the gross collection derived by the national government.
PRINCIPAL AUTHOR/S : LIBANAN, MARCELINO C.
DATE FILED : 1998-07-31
SIGNIFICANCE: NATIONAL
CO-AUTHORS :
1.
ADMINISTRATION BILL? No
URGENT BILL? No
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON LOCAL GOVERNMENT ON 1998-08-06

Abstract

AMENDS the SHARING scheme in the proceeds from the development and utilization of the national wealth so that LGUs get SIXTY PERCENT (60%) [forty percent (40%)] of the gross collection derived by the national government.

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Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.