Bill Type
Congress Name
Long Title
AN ACT RATIONALIZING THE GRANT AND ADMINISTRATION OF FISCAL AND NON-FISCAL INCENTIVES, AND FOR OTHER PURPOSES
Date filed
August 28, 2007
Scope
Legislative History
| House Bill/Resolution NO. HB02278 |
| FULL TITLE : AN ACT RATIONALIZING THE GRANT AND ADMINISTRATION OF FISCAL AND NON-FISCAL INCENTIVES, AND FOR OTHER PURPOSES |
| SHORT TITLE : "The Consolidated Investments Incentives Code of the Philippines" |
| ABSTRACT : The bill proposes the following, among others: a) promote exports, whether located inside or outside economic zones; b) promote countryside development and job generation by granting income tax incentives to investors in the 30 poorest provinces; c) harmonize tax incentive packages in economic zones and freeports; and d) clarify the mandate, roles and enhance the capabilities of key government agencies. |
| PRINCIPAL AUTHOR/S : JAVIER, EXEQUIEL B. |
| DATE FILED : 2007-08-28 |
| SIGNIFICANCE: NATIONAL |
| ACTIONS TAKEN BY THE COMMITTEE |
| COMMITEE HEARINGS/ACTIONS: |
| 1. Scheduled for first meeting/hearing on 2007-11-20 |
| 2. Under deliberation by the Mother Committee on 2008-01-29 |
| 3. Under deliberation by the Mother Committee on 2008-02-12 |
| 4. Under study by the Technical Working Group(TWG) on 2008-02-18 |
| 5. Under study by the Technical Working Group(TWG) on 2008-04-10 |
| 6. Under study by the Technical Working Group(TWG) on 2008-06-04 |
| 7. Under deliberation by the Mother Committee on 2008-09-02 |
| 8. Approved by the Committee on 2008-09-16 |
| 9. Committee Report filed on 2008-09-30 |
| MOTHER BILL: HB05241 |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON WAYS AND MEANS ON 2007-09-05 |
Abstract
The bill proposes the following, among others: a) promote exports, whether located inside or outside economic zones; b) promote countryside development and job generation by granting income tax incentives to investors in the 30 poorest provinces; c) harmonize tax incentive packages in economic zones and freeports; and d) clarify the mandate, roles and enhance the capabilities of key government agencies.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.