Bill Type
Congress Name
Long Title
AN ACT AMENDING SECTIONS 141, 142, 143, 144 AND 145 OF THE NATIONAL INTERNAL REVENUE CODE OF 1997(NOTE: INDEXATION OF EXCISE TAXES/SIN TAXES)
Date filed
May 8, 2002
Scope
Urgent Bill
No
Legislative History
| House Bill/Resolution NO. House Bill No. 4765, 12th Congress of the Republic |
| FULL TITLE : AN ACT AMENDING SECTIONS 141, 142, 143, 144 AND 145 OF THE NATIONAL INTERNAL REVENUE CODE OF 1997(NOTE: INDEXATION OF EXCISE TAXES/SIN TAXES) |
| ABSTRACT : This bill seeks to brign back the value of the tax rates on the following products to their 1997 lend through the process of INDEXATION: (1) Distilled spirits; (2) Wire; (3) Fermented liquor; (4) Tobacco products; cigars and cigarettes. |
| PRINCIPAL AUTHOR/S : SUPLICO, ROLEX T. |
| DATE FILED : 2002-05-08 |
| SIGNIFICANCE: NATIONAL |
| CO-AUTHORS (Journal Entries) : |
| 1. Espino (035 ) |
| ADMINISTRATION BILL? No |
| URGENT BILL? No |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON WAYS AND MEANS ON 2002-05-13 |
Abstract
This bill seeks to brign back the value of the tax rates on the following products to their 1997 lend through the process of INDEXATION: (1) Distilled spirits; (2) Wire; (3) Fermented liquor; (4) Tobacco products; cigars and cigarettes.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.