Bill Type
Long Title
AN ACT AMENDING THE STATUTORY PROVISION AUTHORIZING THE PRESIDENT OF THE PHILIPPINES TO MAKE NECESSARY ADJUSTMENT IN THE INTERNAL REVENUE ALLOTMENT OF LOCAL GOVERNMENT INCURS AN UNMANAGEABLE PUBLIC SECTOR DEFICIT, AMENDING FOR THIS PURPOSE SECTION 284 OF REPUBLIC ACT NO. 7160
Date filed
July 2, 2001
Scope
Urgent Bill
No

Legislative History

House Bill/Resolution NO. House Bill No. 143, 12th Congress of the Republic
FULL TITLE : AN ACT AMENDING THE STATUTORY PROVISION AUTHORIZING THE PRESIDENT OF THE PHILIPPINES TO MAKE NECESSARY ADJUSTMENT IN THE INTERNAL REVENUE ALLOTMENT OF LOCAL GOVERNMENT INCURS AN UNMANAGEABLE PUBLIC SECTOR DEFICIT, AMENDING FOR THIS PURPOSE SECTION 284 OF REPUBLIC ACT NO. 7160
SHORT TITLE : Amending the Statutory Provision Authorizing the President to Adjust the Internal Revenue Allotment
ABSTRACT : This bill seeks to protect the Internal Revenue Allotment (IRA) share of the local government units from funding restrictions or holdback in the event that the national government incurs an unmanageable public sector deficit.> The local governments,being at the forefront in the delivery of essential services to the people must always be assured of local autonomy and financial viability as mandated by the Constitution and the Local Government Code.
PRINCIPAL AUTHOR/S : ANGARA-CASTILLO, BELLAFLOR J.
DATE FILED : 2001-07-02
SIGNIFICANCE: NATIONAL
CO-AUTHORS (Journal Entries) :
1. Zialcita (015 ) 2. Monfort (070 )
3. Nicolas (085 )
ADMINISTRATION BILL? No
URGENT BILL? No
ACTIONS TAKEN BY THE COMMITTEE
COMMITTEE REPORT NO. 00133
SUBMITTED ON 2001-12-19
SUBMITTED BY: LOCAL GOVERNMENT
RECOMMENDATIONS: approval with amendment
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON LOCAL GOVERNMENT ON 2001-07-24
SECONDARILY REFERRED TO THE COMMITTEE(S) ON WAYS AND MEANS
DATE INCLUDED IN OB: 2001-12-20
DATE CALENDARED : 2002-01-15
SECOND READING INFORMATION
PERIOD OF SPONSORSHIP : 2002-03-12
PERIOD OF COMMITTEE AMENDMENTS : 2002-03-12
DATE APPROVED ON SECOND READING : 2002-03-12
REMARKS : The Body approved to consider the Explanatory Note of the Bill as the sponsorship remarks.
THIRD READING INFORMATION
DATE COPY DISTRIBUTED TO MEMBERS: 2002-04-22
DATE APPROVED BY THE HOUSE ON THIRD READING :2002-05-07
HOUSE VOTES:    YEAS:167     NAYS:0    ABSTAIN:.0
DATE TRANSMITTED TO THE SENATE:  2002-05-09
ACTIONS TAKEN BY THE SENATE/HOUSE
DATE RECEIVED BY THE SENATE:  2002-05-13

Abstract

This bill seeks to protect the Internal Revenue Allotment (IRA) share of the local government units from funding restrictions or holdback in the event that the national government incurs an unmanageable public sector deficit.> The local governments,being at the forefront in the delivery of essential services to the people must always be assured of local autonomy and financial viability as mandated by the Constitution and the Local Government Code.

Disclaimer

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