Bill Type
Long Title
AN ACT AMENDING SECTION 8 OF REPUBLIC ACT NO. 6713, ALSO KNOWN AS THE CODE OF CONDUCT AND ETHICAL STANDARDS FOR PUBLIC OFFICIALS AND EMPLOYEES PROVIDING FOR STATEMENTS AND DISCLOSURE
Congress Author
Date filed
August 13, 2020
Scope

Legislative History

House Bill/Resolution NO. HB07373
FULL TITLE : AN ACT AMENDING SECTION 8 OF REPUBLIC ACT NO. 6713, ALSO KNOWN AS THE CODE OF CONDUCT AND ETHICAL STANDARDS FOR PUBLIC OFFICIALS AND EMPLOYEES PROVIDING FOR STATEMENTS AND DISCLOSURE
ABSTRACT : Proposes to amend the law by requiring public officials to use a more detailed SALN form, which will require the declaration of the gifts received, financial transactions, and travels for the year.Aims for transparency to curb corruption by reflecting the true wealth of a government official; and further provides that for the purpose of computing the declarant's net worth, the current fair market value of the real property indicated in the tax declaration of the real property concerned shall be used.
PRINCIPAL AUTHOR/S : VILLA, JAKE VINCENT
DATE FILED : 2020-08-13
SIGNIFICANCE: NATIONAL
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON CIVIL SERVICE AND PROFESSIONAL REGULATION ON 2020-08-24

Abstract

Proposes to amend the law by requiring public officials to use a more detailed SALN form, which will require the declaration of the gifts received, financial transactions, and travels for the year.Aims for transparency to curb corruption by reflecting the true wealth of a government official; and further provides that for the purpose of computing the declarant's net worth, the current fair market value of the real property indicated in the tax declaration of the real property concerned shall be used.

Disclaimer

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