Legislative History
| House Bill/Resolution NO. HB00355 | |
| FULL TITLE : AN ACT PROVIDING FOR THE AUTOMATIC RETENTION BY THE BARANGAY OF ITS SHARE OF FIFTY PERCENT (50%) IN THE COMMUNITY TAX COLLECTED BY SAID BARANGAY, AMENDING FOR THE PURPOSE SECTION 164 OF REPUBLIC ACT NO. 7160, OTHERWISE KNOWN AS THE LOCAL GOVERNMENT CODE OF 1991 | |
| ABSTRACT : Section 164 (c) of the Local Government Code (LGC) provides that the barangay is entitled to a share of up to 50% of its community tax collection. However, said section also provides that the share of the national government from the community tax collection shall be remitted by the city or municipality concerned within 10 days after the end of each quarter. It is silent as to when the barangay shall receive its share. To correct this situation, the bill proposes to amend the LGC by allowing the barangay treasurer to automatically retain the 50% share of the barangay in the community tax collection and to remit the share of the city or municipality within 10 days after the end of each month. | |
| PRINCIPAL AUTHOR/S : BARINAGA, ROSELLER L. | |
| DATE FILED : 2004-07-01 | |
| SIGNIFICANCE: NATIONAL | |
| CO-AUTHORS (Journal Entries) : | |
| 1. Amin (007 ) | 2. Gullas (039 ) |
| 3. Espino (042 ) | 4. Gonzalez (018 ) |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON LOCAL GOVERNMENT ON 2004-07-27 |
Abstract
Section 164 (c) of the Local Government Code (LGC) provides that the barangay is entitled to a share of up to 50% of its community tax collection. However, said section also provides that the share of the national government from the community tax collection shall be remitted by the city or municipality concerned within 10 days after the end of each quarter. It is silent as to when the barangay shall receive its share. To correct this situation, the bill proposes to amend the LGC by allowing the barangay treasurer to automatically retain the 50% share of the barangay in the community tax collection and to remit the share of the city or municipality within 10 days after the end of each month.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.