Bill Type
Congress Name
Long Title
AN ACT TO AMEND SECTION TWO HUNDRED TWENTY OF REPUBLIC ACT NUMBERED SEVEN THOUSAND ONE HUNDRED AND SIXTY, OTHERWISE KNOWN AS THE "LOCAL GOVERNMENT CODE OF 1991," AND FOR OTHER PURPOSES(RE: REAL PROPERTY CLASSIFIED AS RESIDENTIAL SHALL NOT BE REASSESSED OFTENER THAN ONCE EVERY TEN YEARS
Date filed
September 16, 1998
Scope
Urgent Bill
No
Legislative History
| House Bill/Resolution NO. HB03653 |
| FULL TITLE : AN ACT TO AMEND SECTION TWO HUNDRED TWENTY OF REPUBLIC ACT NUMBERED SEVEN THOUSAND ONE HUNDRED AND SIXTY, OTHERWISE KNOWN AS THE "LOCAL GOVERNMENT CODE OF 1991," AND FOR OTHER PURPOSES(RE: REAL PROPERTY CLASSIFIED AS RESIDENTIAL SHALL NOT BE REASSESSED OFTENER THAN ONCE EVERY TEN YEARS |
| ABSTRACT : Declares that real property classified as RESIDENTIAL shall NOT be reassessed oftener than ONCE every TEN YEARS. Each ressessment shall NOT exceed 20% on land and 10% on buildings. |
| PRINCIPAL AUTHOR/S : MONFORT, NARCISO D. |
| DATE FILED : 1998-09-16 |
| SIGNIFICANCE: NATIONAL |
| CO-AUTHORS : |
| 1. |
| ADMINISTRATION BILL? No |
| URGENT BILL? No |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON LOCAL GOVERNMENT ON 1998-09-30 |
Abstract
Declares that real property classified as RESIDENTIAL shall NOT be reassessed oftener than ONCE every TEN YEARS. Each ressessment shall NOT exceed 20% on land and 10% on buildings.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.