Bill Type
Congress Name
Long Title
AN ACT PROVIDING FOR THE EXEMPTION OF GOVERNMENT RAILWAYS FROM THE PAYMENT OF REAL PROPERTY TAX
Date filed
January 3, 2005
Scope
Legislative History
| House Bill/Resolution NO. HB03540 |
| FULL TITLE : AN ACT PROVIDING FOR THE EXEMPTION OF GOVERNMENT RAILWAYS FROM THE PAYMENT OF REAL PROPERTY TAX |
| SHORT TITLE : Government Railways Real Property Tax Exemption Act |
| ABSTRACT : "Government Railways Real Property Tax Exemption Act." The bill directs all provinces, cities and municipalities to exempt from the payment of real property tax all government railways operating within their jurisdictions. The exemption shall be deemed ipso facto revoked in the event the railways are privatized. |
| PRINCIPAL AUTHOR/S : BACULIO, AUGUSTO H. |
| DATE FILED : 2005-01-03 |
| SIGNIFICANCE: NATIONAL |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON LOCAL GOVERNMENT ON 2005-01-05 |
Abstract
"Government Railways Real Property Tax Exemption Act." The bill directs all provinces, cities and municipalities to exempt from the payment of real property tax all government railways operating within their jurisdictions. The exemption shall be deemed ipso facto revoked in the event the railways are privatized.'
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.