Legislative History
House Bill/Resolution NO. House Bill No. 3416, 12th Congress of the Republic | |
FULL TITLE : AN ACT TO PROMOTE THE DEVELOPMENT OF BREWERY-MANUFAC TURING AREAS IN THE PHILIPPINES | |
ABSTRACT : The proposed bill seeks to allocate twenty percent (20%) of the proceeds of the excise taxes on locally manufactured or produced brewery products to the host area or local government unit where the brewery plant is located. This share of the host area or local government unit will be taken from the incremental revenue collected from the excise tax on brewery products. The amount allotted to the host area or local government unit shall be used to finance local development projects such as infrastructure development, livelihood enhancement and environmental protection programs which shall be undertaken by registered cooperatives and organizations and the local government unit itself. | |
PRINCIPAL AUTHOR/S : BACULIO, AUGUSTO H. | |
DATE FILED : 2001-10-08 | |
SIGNIFICANCE: NATIONAL | |
CO-AUTHORS : | |
1. Soon-ruiz | 2. Cagas |
3. Chipeco | 4. Rodriguez |
5. Gunigundo | |
CO-AUTHORS (Journal Entries) : | |
1. Syjuco (041 ) | |
ADMINISTRATION BILL? No | |
URGENT BILL? No | |
ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
REFERRAL TO THE COMMITTEE ON APPROPRIATIONS ON 2001-10-15 | |
SECONDARILY REFERRED TO THE COMMITTEE(S) ON LOCAL GOVERNMENT |
Abstract
The proposed bill seeks to allocate twenty percent (20%) of the proceeds of the excise taxes on locally manufactured or produced brewery products to the host area or local government unit where the brewery plant is located. This share of the host area or local government unit will be taken from the incremental revenue collected from the excise tax on brewery products. The amount allotted to the host area or local government unit shall be used to finance local development projects such as infrastructure development, livelihood enhancement and environmental protection programs which shall be undertaken by registered cooperatives and organizations and the local government unit itself.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.