Bill Type
Congress Name
Long Title
AN ACT AMENDING SECTION 10(1) AND SECTION 11 OF REPUBLIC ACT 7156 OTHERWISE KNOWN AS THE 'MINI-HYDROELECTRIC POWER INCENTIVE ACT'
Date filed
July 2, 2007
Scope
Legislative History
| House Bill/Resolution NO. HB00494 |
| FULL TITLE : AN ACT AMENDING SECTION 10(1) AND SECTION 11 OF REPUBLIC ACT 7156 OTHERWISE KNOWN AS THE 'MINI-HYDROELECTRIC POWER INCENTIVE ACT' |
| ABSTRACT : The bill provides for 60% of the special privilege tax collected from mini-hydroelectric power developers to be remitted directly to the host local government unit as its share and for the remaining 40% to be remitted to the national government. |
| PRINCIPAL AUTHOR/S : DOMOGAN, MAURICIO G. |
| DATE FILED : 2007-07-02 |
| SIGNIFICANCE: NATIONAL |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON WAYS AND MEANS ON 2007-07-30 |
Abstract
The bill provides for 60% of the special privilege tax collected from mini-hydroelectric power developers to be remitted directly to the host local government unit as its share and for the remaining 40% to be remitted to the national government.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.