Bill Type
Congress Name
Long Title
AN ACT MAKING DONATIONS OR CONTRIBUTIONS IN CASH OR IN KIND FOR VICTIMS OF TYPHOONS, FLOODS, LANDSLIDES, EARTHQUAKES, STORM SURGES, TIDAL WAVES OR OTHER NATURAL CALAMITIES, DEDUCTIBLE FROM TAXABLE INCOME WITHIN PRESCRIBED LIMITS
Date filed
July 31, 2007
Scope
Legislative History
| House Bill/Resolution NO. HB01643 | |
| FULL TITLE : AN ACT MAKING DONATIONS OR CONTRIBUTIONS IN CASH OR IN KIND FOR VICTIMS OF TYPHOONS, FLOODS, LANDSLIDES, EARTHQUAKES, STORM SURGES, TIDAL WAVES OR OTHER NATURAL CALAMITIES, DEDUCTIBLE FROM TAXABLE INCOME WITHIN PRESCRIBED LIMITS | |
| ABSTRACT : The bill provides for 60% of the amount of donation or contribution to victims of natural calamities to be deductible from the donor's taxable income. | |
| PRINCIPAL AUTHOR/S : VILLAFUERTE, LUIS R. | |
| DATE FILED : 2007-07-31 | |
| SIGNIFICANCE: NATIONAL | |
| CO-AUTHORS : | |
| 1. Arroyo (D.) | 2. Romualdez |
| ACTIONS TAKEN BY THE COMMITTEE | |
| COMMITEE HEARINGS/ACTIONS: | |
| 1. Approved by the Committee on 2008-08-26 | |
| 2. Committee Report filed on 2008-09-25 | |
| MOTHER BILL: HB05210 | |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON WAYS AND MEANS ON 2007-08-13 |
Abstract
The bill provides for 60% of the amount of donation or contribution to victims of natural calamities to be deductible from the donor's taxable income.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.