Legislative History
| House Bill/Resolution NO. House Bill No. 142, 12th Congress of the Republic | |
| FULL TITLE : AN ACT AMENDING SECTIONS 285 AND 286 OF REPUBLIC ACT NO. 7160, OTHERWISE KNOWN AS THE LOCAL GOVERNMENT CODE OF 1991, PROVIDING FOR AN EQUITABLE DISTRIBUTION OF THE INTERNAL REVENUE ALLOTMENT (IRA) TO LOCAL GOVERNMENT UNITS | |
| ABSTRACT : The share of local government units in the internal revenue allotment shall be allocated [in the following manner:] BEGINNING IN 1996 AFTER DEDUCTING THERE FROM THE COSTS OF DEVOLUTION, OTHERWISE KNOWN AS GUARANTEED FUND. THE GUARANTEED FUND SHALL BE DISTRIBUTED AND REMITTED DIRECTLY TO THE LOCAL GOVERNMENT UNITS CONCERNED AND THE NET OR BALANCE OF THE INTERNAL REVENUE ALLOTMENT SHALL BE ALLOCATED IN THE FOLLOWING MANNER: (a) Provinces - Twenty-three percent (23%); (b) Cities - Twenty-three percent (23%); (c) Municipalities - [Thirty-four percent (34%))] THIRTY-PERCENT (30%); and (d) Barangays - Twenty percent (20%): Provided, however, That the share of each province, city and municipality shall be determined on the basis of the followingformula: (a) Population DENSITY -Fifty percent (50%); AND (b) [Land Area - Twenty-five percent (25%) and] POVERTY INCIDENCE - FIFTY PERCENT (50%). | |
| PRINCIPAL AUTHOR/S : ANGARA-CASTILLO, BELLAFLOR J. | |
| DATE FILED : 2001-07-02 | |
| SIGNIFICANCE: NATIONAL | |
| CO-AUTHORS (Journal Entries) : | |
| 1. Del Mar (005 ) | 2. Espina (005 ) |
| 3. Espinosa (014 ) | 4. Zialcita (015 ) |
| 5. Punzalan (015 ) | 6. Monfort (022 ) |
| 7. Echiverri (025 ) | 8. Syjuco (041 ) |
| ADMINISTRATION BILL? No | |
| URGENT BILL? No | |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON LOCAL GOVERNMENT ON 2001-07-24 |
Abstract
The share of local government units in the internal revenue allotment shall be allocated [in the following manner:] BEGINNING IN 1996 AFTER DEDUCTING THERE FROM THE COSTS OF DEVOLUTION, OTHERWISE KNOWN AS GUARANTEED FUND. THE GUARANTEED FUND SHALL BE DISTRIBUTED AND REMITTED DIRECTLY TO THE LOCAL GOVERNMENT UNITS CONCERNED AND THE NET OR BALANCE OF THE INTERNAL REVENUE ALLOTMENT SHALL BE ALLOCATED IN THE FOLLOWING MANNER: (a) Provinces - Twenty-three percent (23%); (b) Cities - Twenty-three percent (23%); (c) Municipalities - [Thirty-four percent (34%))] THIRTY-PERCENT (30%); and (d) Barangays - Twenty percent (20%): Provided, however, That the share of each province, city and municipality shall be determined on the basis of the followingformula: (a) Population DENSITY -Fifty percent (50%); AND (b) [Land Area - Twenty-five percent (25%) and] POVERTY INCIDENCE - FIFTY PERCENT (50%).
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.