Bill Type
Congress Name
Long Title
AN ACT IMPOSING A THREE PERCENT CARDIOVASCULAR TAX ON THE RECEIPTS (EXCLUDING VALUE ADDED TAX) FROM CIGARETTE SALES TO BE BORNE BY CIGARETTE MANUFACTURERS, CREATING A CARDIOVASCULAR HEALTH FUND, AND FOR OTHER PURPOSES
Date filed
August 6, 2001
Scope
Urgent Bill
No
Legislative History
| House Bill/Resolution NO. House Bill No. 2038, 12th Congress of the Republic |
| FULL TITLE : AN ACT IMPOSING A THREE PERCENT CARDIOVASCULAR TAX ON THE RECEIPTS (EXCLUDING VALUE ADDED TAX) FROM CIGARETTE SALES TO BE BORNE BY CIGARETTE MANUFACTURERS, CREATING A CARDIOVASCULAR HEALTH FUND, AND FOR OTHER PURPOSES |
| ABSTRACT : There is hereby created a Special Cardiovascular Health Fund, which shall be known as the "Cardio Fund", and hereinafter referred to as Special Fund, to be constituted from the proceeds of the tax, to be known as the "Cardio TAx" imposed in SectionFourt of this Act to promote a comprehensive heart and lung health program adopted to the needs of the citizenry through the promotion of cardiovascular health and provisions for the research, development and procurement of the latest techniques andtechnology for the proper prevention, treatment and recuperation of smoking related illnesses. |
| 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 Cardiovascular Health Fund, which shall be known as the "Cardio Fund", and hereinafter referred to as Special Fund, to be constituted from the proceeds of the tax, to be known as the "Cardio TAx" imposed in SectionFourt of this Act to promote a comprehensive heart and lung health program adopted to the needs of the citizenry through the promotion of cardiovascular health and provisions for the research, development and procurement of the latest techniques andtechnology for the proper prevention, treatment and recuperation of smoking related illnesses.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.