Bill Type
Long Title
AN ACT EXEMPTING BANKS, NON-BANK FINANCIAL INTERMEDIARIES, AND FINANCE COMPANIES FROM PAYMENT OF PERCENTAGE TAX ON GROSS RECEIPTS, THEREBY REPEALING PARAGRAPH (A) OF SECTION ONE HUNDRED NINETEEN AND SECTION ONE HUNDRED TWENTY, RESPECTIVELY, OF TITLEFIVE OF PRESIDENTIAL DECREE NUMBERED ONE THOUSANDONE HUNDRED FIFTY EIGHT (P.D. 1158, AS AMENDED, OTHERWISE KNOWN AS THE NATIONAL INTERNAL REVENUE CODE)
Congress Author
Date filed
May 23, 1989
Scope
Urgent Bill
No
Administration Bill
No

Legislative History

House Bill/Resolution NO. HB24579
FULL TITLE : AN ACT EXEMPTING BANKS, NON-BANK FINANCIAL INTERMEDIARIES, AND FINANCE COMPANIES FROM PAYMENT OF PERCENTAGE TAX ON GROSS RECEIPTS, THEREBY REPEALING PARAGRAPH (A) OF SECTION ONE HUNDRED NINETEEN AND SECTION ONE HUNDRED TWENTY, RESPECTIVELY, OF TITLEFIVE OF PRESIDENTIAL DECREE NUMBERED ONE THOUSANDONE HUNDRED FIFTY EIGHT (P.D. 1158, AS AMENDED, OTHERWISE KNOWN AS THE NATIONAL INTERNAL REVENUE CODE)
PRINCIPAL AUTHOR/S : STARKE, HORTENSIA L.
DATE FILED : 1989-05-23
SIGNIFICANCE: NATIONAL
CO-AUTHORS :
1. Dragon
ADMINISTRATION BILL? No
URGENT BILL? No
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON WAYS AND MEANS ON 1989-05-26
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Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.