Bill Type
Long Title
AN ACT GRANTING A TAX AMNESTY ON UNTAXED INCOME AND/OR WEALTH EARNED OR ACQUIRED PRIOR TO DECEMBER 31, 1997 AND REQUIRING THE FILING OF THE STATEMENT OF ASSETS, LIABILITIES AND NET WORTH AS OF DECEMBER 31, 1997
Congress Author
Date filed
July 30, 1998
Scope
Urgent Bill
No

Legislative History

House Bill/Resolution NO. HB01534
FULL TITLE : AN ACT GRANTING A TAX AMNESTY ON UNTAXED INCOME AND/OR WEALTH EARNED OR ACQUIRED PRIOR TO DECEMBER 31, 1997 AND REQUIRING THE FILING OF THE STATEMENT OF ASSETS, LIABILITIES AND NET WORTH AS OF DECEMBER 31, 1997
ABSTRACT : Envisions an honest-to-goodn ess tax amnesty whereby all persons conerned shall be afforded a last opportunity to come up with a clean slate by making a true and faithful return of their undeclared income and/or wealth and the filing of a Statementof Assets and Liabilities as of December 31, 1997, and paying the prescribed amnesty tax in order to be accorded the full benefits of the amnesty law.
PRINCIPAL AUTHOR/S : NIEVA, ERNESTO BANZAI
DATE FILED : 1998-07-30
SIGNIFICANCE: NATIONAL
CO-AUTHORS :
1. 2.
3.
ADMINISTRATION BILL? No
URGENT BILL? No
ACTIONS TAKEN BY THE COMMITTEE
MOTHER BILL: HB05346
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON WAYS AND MEANS ON 1998-08-05

Abstract

Envisions an honest-to-goodn ess tax amnesty whereby all persons conerned shall be afforded a last opportunity to come up with a clean slate by making a true and faithful return of their undeclared income and/or wealth and the filing of a Statementof Assets and Liabilities as of December 31, 1997, and paying the prescribed amnesty tax in order to be accorded the full benefits of the amnesty law.

Disclaimer

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