Legislative History
| House Bill/Resolution NO. House Bill No. 3993, 12th Congress of the Republic | |
| FULL TITLE : AN ACT AMENDING SECTION 290 OF REPUBLIC ACT NO. 7160, OTHERWISE KNOWN AS THE LOCAL GOVERNMENT CODE OF 1991(RE: SHARE OF LGU's IN THE UTILIZATION AND DEVELOPMENT OF THE NATIONAL WEALTH WITHIN THEIR JURISDICTION) | |
| SHORT TITLE : Amending RA 7160, Otherwise Known as the Local Government Code | |
| ABSTRACT : The Local Government Code is AMENDED as follows: Local government units shall, in addition to the internal revenue allotment, have a share of 40% of the gross collection derived (by the national government) from the preceding fiscal year from miningtaxes, royalties, forestry and fishery charges, and such other taxes, fees or charges, including related surcharges, interests, or fines, and from its share in any co-production, joint venture or production sharing agreement in the utilization and development of the national wealth within their territorial juridiction: Provided, that persons natural or juridical engaged in the utilization and development of the national wealth, shall pay directly the abovementioned 40% of their national wealthtaxes to the host local government units and the remaining 60% to the national government. | |
| PRINCIPAL AUTHOR/S : DOMOGAN, MAURICIO G. | |
| DATE FILED : 2001-11-28 | |
| SIGNIFICANCE: NATIONAL | |
| CO-AUTHORS : | |
| 1. Dangwa | |
| CO-AUTHORS (Journal Entries) : | |
| 1. Roman (014 ) | 2. Espino (052 ) |
| 3. De Guzman (055 ) | |
| ADMINISTRATION BILL? No | |
| URGENT BILL? No | |
| ACTIONS TAKEN BY THE COMMITTEE | |
| COMMITTEE REPORT NO. 01004 | |
| SUBMITTED ON 2002-11-12 | |
| SUBMITTED BY: LOCAL GOVERNMENT | |
| RECOMMENDATIONS: approval without amendment | |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON LOCAL GOVERNMENT ON 2001-12-05 | |
| DATE INCLUDED IN OB: 2002-11-18 | |
| DATE CALENDARED : 2002-12-10 | |
| SECOND READING INFORMATION | |
| PERIOD OF SPONSORSHIP : 2003-02-11 | |
| DATE APPROVED ON SECOND READING : 2003-02-11 | |
| REMARKS : The Body approved to consider the Explanatory Note of the Bill as the sponsorship remarks | |
| THIRD READING INFORMATION | |
| DATE COPY DISTRIBUTED TO MEMBERS: 2003-02-18 | |
| DATE APPROVED BY THE HOUSE ON THIRD READING :2003-03-18 | |
| HOUSE VOTES: YEAS:168 NAYS:0 ABSTAIN:.0 | |
| DATE TRANSMITTED TO THE SENATE: 2003-03-19 | |
| ACTIONS TAKEN BY THE SENATE/HOUSE | |
| DATE RECEIVED BY THE SENATE: 2003-03-21 |
Abstract
The Local Government Code is AMENDED as follows: Local government units shall, in addition to the internal revenue allotment, have a share of 40% of the gross collection derived (by the national government) from the preceding fiscal year from miningtaxes, royalties, forestry and fishery charges, and such other taxes, fees or charges, including related surcharges, interests, or fines, and from its share in any co-production, joint venture or production sharing agreement in the utilization and development of the national wealth within their territorial juridiction: Provided, that persons natural or juridical engaged in the utilization and development of the national wealth, shall pay directly the abovementioned 40% of their national wealthtaxes to the host local government units and the remaining 60% to the national government.
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Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.