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.