Bill Type
Congress Name
Long Title
AN ACT ALLOCATING FIFTY PERCENT OF VALUE-ADDED TAX COLLECTIONS TO HEALTH AND EDUCATION SERVICES, AGRICULTURAL FACILITES AND SERVICES, HOUSING, ENVIRONMENTAL PROTECTION, AND OTHER SOCIAL SERVICES THEREBY AMENDING THE NATIONAL INTERNAL REVENUE CODE, AS AMENDED
Date filed
July 27, 2004
Scope
Legislative History
| House Bill/Resolution NO. HB01757 |
| FULL TITLE : AN ACT ALLOCATING FIFTY PERCENT OF VALUE-ADDED TAX COLLECTIONS TO HEALTH AND EDUCATION SERVICES, AGRICULTURAL FACILITES AND SERVICES, HOUSING, ENVIRONMENTAL PROTECTION, AND OTHER SOCIAL SERVICES THEREBY AMENDING THE NATIONAL INTERNAL REVENUE CODE, AS AMENDED |
| ABSTRACT : The bill proposes to allocate 50% of the total value-added tax collection for the following purposes: a) education - 25%; b) health - 25%; c) agricultural facilities and services - 25%; d) housing - 15%; e) environmental protection - 5%; and f) training and capability building programs - 5%. |
| PRINCIPAL AUTHOR/S : PICHAY, PROSPERO JR. A. |
| DATE FILED : 2004-07-27 |
| SIGNIFICANCE: NATIONAL |
| CO-AUTHORS (Journal Entries) : |
| 1. Espino (068 ) |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON APPROPRIATIONS ON 2004-08-04 |
Abstract
The bill proposes to allocate 50% of the total value-added tax collection for the following purposes: a) education - 25%; b) health - 25%; c) agricultural facilities and services - 25%; d) housing - 15%; e) environmental protection - 5%; and f) training and capability building programs - 5%.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.