Bill Type
Long Title
AN ACT AMENDING SECTION 110 (B) OF THE NATIONAL INTERNAL REVENUE CODE OF 1997, AS AMENDED, AND FOR OTHER PURPOSES
Short Title
EXCESS OUTPUT OR INPUT TAX (NIRC)
Text as Filed (File)
Sponsor
Congress Author
Scope
Legislative Status Date
Session Sequence No.
30
Session Type
Document Certification
Document Certification Date

Committee Details

Primary Committee
Committee Report No.
108

Floor Activity

Floor Activity
Date Parliamentary status Senator(s)
10/9/2006 Interpellation Osmena III, Sergio R.
10/9/2006 Period of Individual Amendments Closed
10/9/2006 Sponsorship Speech Recto, Ralph G.
10/9/2006 Period of Interpellation Closed
10/9/2006 Period of Committee Amendments Closed

Legislative History

House Bill/Resolution NO. HB05742
REPUBLIC ACT NO. RA09361
FULL TITLE : AN ACT AMENDING SECTION 110 (B) OF THE NATIONAL INTERNAL REVENUE CODE OF 1997, AS AMENDED, AND FOR OTHER PURPOSES
SHORT TITLE : Amending Section 110 (b) of the National Internal Revenue Code of 1997, As Amended
ABSTRACT : The bill seeks to remove the cap on the amount of input VAT (value-added tax) that can be credited against the output VAT by a VAT-registered taxpayers.
PRINCIPAL AUTHOR/S : SINGSON, ERIC D.
DATE FILED : 2006-08-31
SIGNIFICANCE: NATIONAL
CO-AUTHORS :
1. Javier 2. Pablo
3. Valdez 4. Noel
5. Teves 6. Madamba
AUTHORS(Final/Third Reading) :
1. Singson 2. Javier
3. Pablo 4. Valdez
5. Noel 6. Teves
7. Madamba 8. Codilla
9. Gidaya 10. Villanueva
11. Villafuerte
DATE CERTIFIED AS URGENT:2006-09-21
URGENT BILL? Yes
DATE CERTIFIED AS URGENT:2006-09-21
ACTIONS TAKEN BY THE COMMITTEE
COMMITEE HEARINGS/ACTIONS:
      1. Committee Report filed on 2006-08-31
COMMITTEE REPORT NO. 01907
SUBMITTED ON 2006-08-31
SUBMITTED BY: WAYS AND MEANS
RECOMMENDATIONS: approval
SUBSTITUTED BILLS: HB04493, HB04535, HB04633, HB04974, HB05507
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON RULES ON 2006-09-05
DATE INCLUDED IN OB: 2006-09-05
SECOND READING INFORMATION
PERIOD OF INTERPELLATIONS : 2006-09-26
INTERPELLATED BY : Plaza, Suplico
FINAL LIST OF AUTHORS : Singson, Javier, Pablo, Valdez, Noel, Teves, Madamba, Codilla, Gidaya, Villanueva, Villafuerte
DATE APPROVED ON SECOND READING : 2006-09-26
REMARKS : On Sept. 26, 2006, the Body approved to consider the Explanatory Note of the Bill as the sponsorship remarks on the measure.
THIRD READING INFORMATION
DATE APPROVED BY THE HOUSE ON THIRD READING :2006-09-26
HOUSE VOTES:    YEAS:150     NAYS:0    ABSTAIN:.0
DATE TRANSMITTED TO THE SENATE:  2006-10-02
ACTIONS TAKEN BY THE SENATE/HOUSE
DATE RECEIVED BY THE SENATE:  2006-10-02
DATE PASSED BY THE SENATE:  2006-10-09
REMARKS : 
ACTIONS TAKEN BY THE PRESIDENT
DATE TRANSMITTED TO THE PRESIDENT : 2006-11-06
DATE ACTED UPON BY THE PRESIDENT : 2006-11-21
PRESIDENTIAL ACTION:(A)PPROVED/(V)ETOED/(L)APSED : A
REPUBLIC ACT NO.: RA09361
ORIGIN : HOUSE
REPUBLIC ACT TITLE: AN ACT AMENDING SECTION 110(B) OF THE NATIONAL INTERNAL REVENUE CODE OF 1997, AS AMENDED, AND FOR OTHER PURPOSES

Senate Legislative History

Entitled:
AN ACT AMENDING SECTION 110 (B) OF THE NATIONAL INTERNAL REVENUE CODE OF 1997, AS AMENDED, AND FOR OTHER PURPOSES
[ THIRD REGULAR SESSION, 13TH CONGRESS ]
[ 2006 ]
9/25/2006 Certified by the President of the Philippines Gloria Macapagal Arroyo for its immediate enactment on September 21, 2006;
10/2/2006 Filed in the Senate requesting for concurrence by Representatives ERIC D. SINGSON, EXEQUIEL B. JAVIER and ERNESTO "ERNIE" C. PABLO;
10/2/2006 Read on First Reading and referred to the Committee on WAYS AND MEANS;
10/9/2006 Returned and submitted by the Committee on WAYS AND MEANS per Committee Report No. 108, recommending its approval without amendment;
10/9/2006 Committee Report calendared for Ordinary Business;
10/9/2006 Sponsor: Senator RALPH G. RECTO;
10/9/2006 Assigned for consideration by Special Order;
10/9/2006 Sponsorship speech of Senator(s) RALPH G. RECTO;
10/9/2006 Interpellation of Senator(s) SERGIO R. OSMENA III;
10/9/2006 Period of interpellation closed;
10/9/2006 Period of committee amendments closed;
10/9/2006 Period of individual amendments closed;
10/9/2006 Approved on Second Reading without amendment;
10/9/2006 Approved on Third Reading:
10/9/2006 In favor: (13) Senators Jinggoy P. Ejercito Estrada, Luisa Loi P. Ejercito Estrada, Flavier, Richard Dick Gordon, Lacson, Lim, M.A. Madrigal, Magsaysay, Jr., Osmena, Pangilinan, Pimentel, Jr., Recto, and Villar;
Against: N o n e;
Abstention: N o n e;
10/10/2006 Sent back to the House of Representatives;
10/11/2006 Enrolled copy of HBN-5742 sent to the Senate for the signature of Senate President Villar Jr. and Senate Secretary Yabes;
10/30/2006 Enrolled copy of HBN-5742 sent back to the House of Representatives which was already signed by Senate President Villar Jr. and Senate Secretary Yabes;
11/21/2006 Approved and signed into law by the President of the Philippines, Her Excellency President Gloria Macapagal Arroyo, and became (See: O.B. dated November 27, 2006);
11/21/2006 REPUBLIC ACT NO. 9361
====================

Abstract

The bill seeks to remove the cap on the amount of input VAT (value-added tax) that can be credited against the output VAT by a VAT-registered taxpayers.'

President's Action

Date Received by the President
Date Signed by the President
Disclaimer

Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.