Bill Type
Congress Name
Long Title
AN ACT AMENDING REPUBLIC ACT NUMBERED EIGHTY FOUR HUNDRED AND TWENTY FOUR, AS AMENDED, OTHERWISE KNOWN AS THE 'TAX REFORM ACT OF 1997', AND FOR OTHER PURPOSES
Text as filed (link)
Date filed
July 1, 2004
Scope
Legislative History
| House Bill/Resolution NO. HB00269 | |
| FULL TITLE : AN ACT AMENDING REPUBLIC ACT NUMBERED EIGHTY FOUR HUNDRED AND TWENTY FOUR, AS AMENDED, OTHERWISE KNOWN AS THE 'TAX REFORM ACT OF 1997', AND FOR OTHER PURPOSES | |
| ABSTRACT : Despite the efforts of the government to provide free quality education, a great number of our citizens are unable to enroll in tertiary and vocational schools because of financial constraints. To help cushion the heavy monetary requirement of pursuing higher and technical education, this bill proposes to allow as a deduction from gross income a portion of the matriculation fee paid by the taxpayer for a qualified dependent. The savings generated can be used by the taxpayer to defray other necessities such as food, transportation and school supplies. | |
| PRINCIPAL AUTHOR/S : MICHAEL JOHN "JACK" R. DUAVIT | |
| DATE FILED : 2004-07-01 | |
| SIGNIFICANCE: NATIONAL | |
| CO-AUTHORS (Journal Entries) : | |
| 1. Alvarez (045 ) | 2. Mangudadatu (053 ) |
| ACTIONS TAKEN BY THE COMMITTEE | |
| COMMITEE HEARINGS/ACTIONS: | |
| 1. Scheduled for first meeting/hearing on 2006-01-17 | |
| 2. Scheduled for first meeting/hearing on 2006-01-17 | |
| 3. Under deliberation by the Mother Committee on 2006-01-24 | |
| 4. Under deliberation by the Mother Committee on 2006-01-24 | |
| 5. Under deliberation by the Mother Committee on 2006-01-31 | |
| 6. Under deliberation by the Mother Committee on 2006-01-31 | |
| 7. Approved by the Committee on 2006-02-14 | |
| 8. Approved by the Committee on 2006-02-14 | |
| 9. Committee Report filed on 2006-02-23 | |
| 10. Committee Report filed on 2006-02-23 | |
| MOTHER BILL: HB05296 | |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON WAYS AND MEANS ON 2004-07-27 |
Abstract
Despite the efforts of the government to provide free quality education, a great number of our citizens are unable to enroll in tertiary and vocational schools because of financial constraints. To help cushion the heavy monetary requirement of pursuing higher and technical education, this bill proposes to allow as a deduction from gross income a portion of the matriculation fee paid by the taxpayer for a qualified dependent. The savings generated can be used by the taxpayer to defray other necessities such as food, transportation and school supplies.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.