Bill Type
Long Title
AN ACT GRANTING TAX BENEFITS TO PRIVATE INDIVIDUALS, CORPORATIONS, PARTNERSHIPS OR INSTRUMENTALITI ES DONATING TO A SCHOLARSHIP FOUNDATION, AMENDING FOR THE PURPOSE THE TAX REFORM ACT OF 1997
Date filed
July 28, 1998
Scope
Urgent Bill
No

Legislative History

House Bill/Resolution NO. HB01381
FULL TITLE : AN ACT GRANTING TAX BENEFITS TO PRIVATE INDIVIDUALS, CORPORATIONS, PARTNERSHIPS OR INSTRUMENTALITI ES DONATING TO A SCHOLARSHIP FOUNDATION, AMENDING FOR THE PURPOSE THE TAX REFORM ACT OF 1997
ABSTRACT : States that the total amount of donation by any individual or corporation to a scholarship foundation shall be DEDUCTED from the amount of personal or corporate tax imposed on the donor.
PRINCIPAL AUTHOR/S : LAGMAN-LUISTRO, CIELO KRISEL
DATE FILED : 1998-07-28
SIGNIFICANCE: NATIONAL
CO-AUTHORS :
1. 2.
3. 4.
ADMINISTRATION BILL? No
URGENT BILL? No
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON WAYS AND MEANS ON 1998-08-03

Abstract

States that the total amount of donation by any individual or corporation to a scholarship foundation shall be DEDUCTED from the amount of personal or corporate tax imposed on the donor.

Disclaimer

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