Bill Type
Long Title
AN ACT AMENDING CERTAIN PROVISIONS OF CHAPTER 1, TITLE THREE, BOOK II OF REPUBLIC ACT 7160, OTHERWISE KNOWN AS THE `LOCAL GOVERNMENT CODE OF 1991'(LGU INTERNAL REVENUE ALLOTMENT)
Date filed
July 31, 1998
Scope
Urgent Bill
No
Legislative History
| House Bill/Resolution NO. HB01584 |
| FULL TITLE : AN ACT AMENDING CERTAIN PROVISIONS OF CHAPTER 1, TITLE THREE, BOOK II OF REPUBLIC ACT 7160, OTHERWISE KNOWN AS THE `LOCAL GOVERNMENT CODE OF 1991'(LGU INTERNAL REVENUE ALLOTMENT) |
| ABSTRACT : INCREASES the LGU allotment of internal revenue taxes from [forty percent (40%)] to SIXTY PERCENT (60%). Provides, likewise, for AUTOMATIC [release] RETENTION of shares. |
| PRINCIPAL AUTHOR/S : LIBANAN, MARCELINO C. |
| DATE FILED : 1998-07-31 |
| SIGNIFICANCE: NATIONAL |
| ADMINISTRATION BILL? No |
| URGENT BILL? No |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON LOCAL GOVERNMENT ON 1998-08-06 |
| SECONDARILY REFERRED TO THE COMMITTEE(S) ON WAYS AND MEANS |
Abstract
INCREASES the LGU allotment of internal revenue taxes from [forty percent (40%)] to SIXTY PERCENT (60%). Provides, likewise, for AUTOMATIC [release] RETENTION of shares.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.