Bill Type
Congress Name
Long Title
AN ACT IMPOSING A TEN PERCENT (10%) VOCATIONAL AND TECHNOLOGICAL EDUCATION TAX ON THE RECEIPTS (EXCLUDING VALUE ADDED TAX) FROM CELLULAR PHONE CALLS TO BE BORNE BY CELLULAR PHONE COMPANIES, CREATING A SPECIAL VOCATIONAL AND TECHNICAL EDUCATION FUND,AND FOR OTHER PURPOSES
Date filed
August 6, 2001
Scope
Urgent Bill
No
Legislative History
House Bill/Resolution NO. House Bill No. 2037, 12th Congress of the Republic |
FULL TITLE : AN ACT IMPOSING A TEN PERCENT (10%) VOCATIONAL AND TECHNOLOGICAL EDUCATION TAX ON THE RECEIPTS (EXCLUDING VALUE ADDED TAX) FROM CELLULAR PHONE CALLS TO BE BORNE BY CELLULAR PHONE COMPANIES, CREATING A SPECIAL VOCATIONAL AND TECHNICAL EDUCATION FUND,AND FOR OTHER PURPOSES |
ABSTRACT : There is hereby created a Special Vocational and Technological Education Fund, which shall be known as the "VocTech Fund", and hereinafter referred to as Special Fund, to be constituted from the proceeds of the tax imposed in Section of this Act topromote a comprehensive vocational and technological education program adopted to the needs of the economy, and utilize this knowledge as an effective instrument for the advancement of a globally competitive citizenry through a highly skilled labor force. |
PRINCIPAL AUTHOR/S : FAILON, TED |
DATE FILED : 2001-08-06 |
SIGNIFICANCE: NATIONAL |
CO-AUTHORS (Journal Entries) : |
1. Soon-ruiz (013 ) |
ADMINISTRATION BILL? No |
URGENT BILL? No |
ACTIONS TAKEN BY THE COMMITTEE ON RULES |
REFERRAL TO THE COMMITTEE ON WAYS AND MEANS ON 2001-08-13 |
Abstract
There is hereby created a Special Vocational and Technological Education Fund, which shall be known as the "VocTech Fund", and hereinafter referred to as Special Fund, to be constituted from the proceeds of the tax imposed in Section of this Act topromote a comprehensive vocational and technological education program adopted to the needs of the economy, and utilize this knowledge as an effective instrument for the advancement of a globally competitive citizenry through a highly skilled labor force.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.