Bill Type
Long Title
AN ACT INCREASING THE INTERNAL REVENUE ALLOTMENTS OF LOCAL GOVERNMENT UNITS, AMENDING FOR THE PURPOSE REPUBLIC ACT NO. 7160, OTHERWISE KNOWN AS THE LOCAL GOVERNMENT CODE OF 1991
Congress Author
Date filed
July 2, 1998
Scope
Urgent Bill
No

Legislative History

House Bill/Resolution NO. HB00666
FULL TITLE : AN ACT INCREASING THE INTERNAL REVENUE ALLOTMENTS OF LOCAL GOVERNMENT UNITS, AMENDING FOR THE PURPOSE REPUBLIC ACT NO. 7160, OTHERWISE KNOWN AS THE LOCAL GOVERNMENT CODE OF 1991
ABSTRACT : INCREASES the internal revenue allotment of LGUs from the present [40%] to SIXTY PERCENT (60%), at a rate of 5% per annum over a period of four (4) years.
PRINCIPAL AUTHOR/S : COJUANGCO, CARLOS O.
DATE FILED : 1998-07-02
SIGNIFICANCE: NATIONAL
CO-AUTHORS :
1. 2.
3.
ADMINISTRATION BILL? No
URGENT BILL? No
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON LOCAL GOVERNMENT ON 1998-07-29
SECONDARILY REFERRED TO THE COMMITTEE(S) ON WAYS AND MEANS

Abstract

INCREASES the internal revenue allotment of LGUs from the present [40%] to SIXTY PERCENT (60%), at a rate of 5% per annum over a period of four (4) years.

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