Bill Type
Long Title
AN ACT PROVIDING FOR A MORE EQUITABLE SHARE IN FAVOR OF LOCAL GOVERNMENT UNITS (LGUs) IN THE PROCEEDS FROM THE DEVELOPMENT AND UTILIZATION OF THE NATIONAL WEALTH, AMENDING SECTIONS 289, 290, 291 AND 293 OF REPUBLIC ACT NO. 7160, OTHERWISE KNOWN AS THE LOCAL GOVERNMENT ACT OF 1991
Congress Author
Date filed
August 3, 1998
Scope
Urgent Bill
No

Legislative History

House Bill/Resolution NO. HB01619
FULL TITLE : AN ACT PROVIDING FOR A MORE EQUITABLE SHARE IN FAVOR OF LOCAL GOVERNMENT UNITS (LGUs) IN THE PROCEEDS FROM THE DEVELOPMENT AND UTILIZATION OF THE NATIONAL WEALTH, AMENDING SECTIONS 289, 290, 291 AND 293 OF REPUBLIC ACT NO. 7160, OTHERWISE KNOWN AS THE LOCAL GOVERNMENT ACT OF 1991
ABSTRACT : Defines "NATIONAL WEALTH". Grants LGUs a SIXTY PERCENT (60%) share in the development and utilization of the national wealth.
PRINCIPAL AUTHOR/S : BUNYE, IGNACIO R.
DATE FILED : 1998-08-03
SIGNIFICANCE: NATIONAL
CO-AUTHORS :
1. 2.
3.
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

Defines "NATIONAL WEALTH". Grants LGUs a SIXTY PERCENT (60%) share in the development and utilization of the national wealth.

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