Bill Type
Congress Name
Long Title
AN ACT ALLOCATING FIFTY PERCENT (50%) OF VALUE-ADDED TAX COLLECTIONS TO HEALTH AND EDUCATION SERVICES, AGRICULTURAL FACILITIES AND SERVICES, HOUSING, ENVIRONMENTAL PROTECTION, AND OTHER SOCIAL SERVICES THEREBY AMENDING THE NATIONAL INTERNAL REVENUECODE, AS AMENDED
Date filed
August 14, 1998
Scope
Urgent Bill
No
Legislative History
| House Bill/Resolution NO. HB02291 |
| FULL TITLE : AN ACT ALLOCATING FIFTY PERCENT (50%) OF VALUE-ADDED TAX COLLECTIONS TO HEALTH AND EDUCATION SERVICES, AGRICULTURAL FACILITIES AND SERVICES, HOUSING, ENVIRONMENTAL PROTECTION, AND OTHER SOCIAL SERVICES THEREBY AMENDING THE NATIONAL INTERNAL REVENUECODE, AS AMENDED |
| ABSTRACT : Allocates FIFTY PERCENT (50%) of the total value-added tax (VAT) collections for a period of FIVE YEARS beginning fiscal year 1999 to directly finance programs for social reform and poverty alleviation and institutional intervention mechanisms, without having to be subjected to the bureaucracy's layers of discretion. |
| PRINCIPAL AUTHOR/S : PICHAY, PROSPERO JR. A. |
| DATE FILED : 1998-08-14 |
| SIGNIFICANCE: NATIONAL |
| CO-AUTHORS : |
| 1. |
| ADMINISTRATION BILL? No |
| URGENT BILL? No |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON WAYS AND MEANS ON 1998-08-24 |
Abstract
Allocates FIFTY PERCENT (50%) of the total value-added tax (VAT) collections for a period of FIVE YEARS beginning fiscal year 1999 to directly finance programs for social reform and poverty alleviation and institutional intervention mechanisms, without having to be subjected to the bureaucracy's layers of discretion.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.