Legislative History
| House Bill/Resolution NO. House Bill No. 1599, 12th Congress of the Republic | |
| FULL TITLE : AN ACT GRANTING TAX INCENTIVES TO BROADCAST AND PRINT MEDIA DEVOTING AIR TIME AND SPACE TO EDUCATION, AS WELL AS, TO SPONSORS SUPPORTING SUCH PROGRAMS AND FOR OTHER PURPOSES | |
| ABSTRACT : Rationale: Admittedly, media is an effective alternate vehicle to deliver educational services to our population. In this context, every Filipino can be extended educational services beyond the four corners of the classroom and in the comfort of their homes. Cognizant of the problem being encountered by the media industry and recognizing its importance to the present educational program, this bill grants tax incentives to media programs and publications, as well as, to their respective advertisers and sponsors, with educational thrust. It is hoped that the measures contained in this bill will alleviate the economic plight of the media industry as a whole and shall become an effective tool in the success of the national educational programm. | |
| PRINCIPAL AUTHOR/S : ESCUDERO, FRANCIS G. | |
| DATE FILED : 2001-07-30 | |
| SIGNIFICANCE: NATIONAL | |
| CO-AUTHORS (Journal Entries) : | |
| 1. Lacson (008 ) | 2. Lopez (022 ) |
| 3. Macarambon (022 ) | 4. Puentebella (022 ) |
| 5. Tulagan (022 ) | 6. Dy (041 ) |
| ADMINISTRATION BILL? No | |
| URGENT BILL? No | |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON WAYS AND MEANS ON 2001-08-06 |
Abstract
Rationale: Admittedly, media is an effective alternate vehicle to deliver educational services to our population. In this context, every Filipino can be extended educational services beyond the four corners of the classroom and in the comfort of their homes. Cognizant of the problem being encountered by the media industry and recognizing its importance to the present educational program, this bill grants tax incentives to media programs and publications, as well as, to their respective advertisers and sponsors, with educational thrust. It is hoped that the measures contained in this bill will alleviate the economic plight of the media industry as a whole and shall become an effective tool in the success of the national educational programm.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.