Bill Type
Congress Name
Long Title
AN ACT PROVIDING FOR THE DIRECT PAYMENT TO THE HOST LOCAL GOVERNMENT UNITS OF ITS FORTY PERCENT (40%) SHARE OF THE GROSS TAX COLLECTION FROM THE UTILIZATION AND DEVELOPMENT OF NATIONAL WEALTH WITHIN ITS TERRITORIAL JURISDICTION, AMENDING FOR THE PURPOSE CERTAIN SECTIONS OF REPUBLIC ACT NO. 7160 OTHERWISE KNOWN AS THE LOCAL GOVERNMENT CODE OF 1991
Date filed
September 18, 2007
Scope
Legislative History
| House Bill/Resolution NO. HB02595 |
| FULL TITLE : AN ACT PROVIDING FOR THE DIRECT PAYMENT TO THE HOST LOCAL GOVERNMENT UNITS OF ITS FORTY PERCENT (40%) SHARE OF THE GROSS TAX COLLECTION FROM THE UTILIZATION AND DEVELOPMENT OF NATIONAL WEALTH WITHIN ITS TERRITORIAL JURISDICTION, AMENDING FOR THE PURPOSE CERTAIN SECTIONS OF REPUBLIC ACT NO. 7160 OTHERWISE KNOWN AS THE LOCAL GOVERNMENT CODE OF 1991 |
| ABSTRACT : The bill directs all natural and juridical persons engaged in the utilization and development of national wealth to pay the share of local government units directly to the host local government unit and the remaining share to the national government. |
| PRINCIPAL AUTHOR/S : SINGSON, RONALD V. |
| DATE FILED : 2007-09-18 |
| SIGNIFICANCE: NATIONAL |
| ACTIONS TAKEN BY THE COMMITTEE |
| MOTHER BILL: HB03195 |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON LOCAL GOVERNMENT ON 2007-09-25 |
Abstract
The bill directs all natural and juridical persons engaged in the utilization and development of national wealth to pay the share of local government units directly to the host local government unit and the remaining share to the national government.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.