Bill Type
Long Title
AN ACT TO INCREASE THE RATES OF EXCISE TAX ON ALCOHOL AND TOBACCO PRODUCTS, AMENDING FOR THE PURPOSE SECTIONS 141, 142, 143, 144 AND 145 OF THE NATIONAL INTERNAL REVENUE CODE OF 1997, AS AMENDED
Congress Author
Date filed
August 4, 2004
Scope

Legislative History

House Bill/Resolution NO. HB02135
FULL TITLE : AN ACT TO INCREASE THE RATES OF EXCISE TAX ON ALCOHOL AND TOBACCO PRODUCTS, AMENDING FOR THE PURPOSE SECTIONS 141, 142, 143, 144 AND 145 OF THE NATIONAL INTERNAL REVENUE CODE OF 1997, AS AMENDED
ABSTRACT : The bill increases the excise tax rates imposed on alcohol and tobacco products by 18% over and above the mandated 12% increase provided under RA 8240. It provides for another 15% adjustment in the excise tax rates three years after the effectivity of the law.
PRINCIPAL AUTHOR/S : CAGAS, DOUGLAS RA.
DATE FILED : 2004-08-04
SIGNIFICANCE: NATIONAL
ACTIONS TAKEN BY THE COMMITTEE
COMMITEE HEARINGS/ACTIONS:
      1. Scheduled for first meeting/hearing on 2004-09-14
      2. Scheduled for first meeting/hearing on 2004-09-14
      3. Under deliberation by the Mother Committee on 2004-09-20
      4. Under deliberation by the Mother Committee on 2004-09-20
      5. Under deliberation by the Mother Committee on 2004-09-21
      6. Under deliberation by the Mother Committee on 2004-09-21
      7. Under deliberation by the Mother Committee on 2004-09-22
      8. Under deliberation by the Mother Committee on 2004-09-22
      9. Under deliberation by the Mother Committee on 2004-10-18
      10. Under deliberation by the Mother Committee on 2004-10-18
      11. Under deliberation by the Mother Committee on 2004-10-20
      12. Under deliberation by the Mother Committee on 2004-10-20
      13. Approved by the Committee on 2004-10-25
      14. Approved by the Committee on 2004-10-25
      15. Committee Report filed on 2004-10-26
      16. Committee Report filed on 2004-10-26
      17. Bicameral Conference Report filed on 2004-12-15
      18. Bicameral Conference Report filed on 2004-12-15
MOTHER BILL: HB03174
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON WAYS AND MEANS ON 2004-08-10

Abstract

The bill increases the excise tax rates imposed on alcohol and tobacco products by 18% over and above the mandated 12% increase provided under RA 8240. It provides for another 15% adjustment in the excise tax rates three years after the effectivity of the law.'

Disclaimer

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