Bill Type
Congress Name
Long Title
AN ACT TO PROMOTE AND HASTEN THE DEVELOPMENT OF MICROFINANCE NGOs IN THE PHILIPPINES
Date filed
February 23, 2005
Scope
Legislative History
| House Bill/Resolution NO. HB03812 | |
| FULL TITLE : AN ACT TO PROMOTE AND HASTEN THE DEVELOPMENT OF MICROFINANCE NGOs IN THE PHILIPPINES | |
| SHORT TITLE : Microfinance NGOS Development Act of 2005 | |
| ABSTRACT : "Microfinance NGOs Development Act of 2005." The measure grants donee institution status to NGOs to enable donors to claim their donations as a deduction from gross income for a period of 10 years from the effectivity of the proposed act. | |
| PRINCIPAL AUTHOR/S : DE VENECIA, JOSE JR. C. | |
| DATE FILED : 2005-02-23 | |
| SIGNIFICANCE: NATIONAL | |
| CO-AUTHORS (Journal Entries) : | |
| 1. Codilla (052 ) | 2. Chatto (059 ) |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON WAYS AND MEANS ON 2005-03-01 |
Abstract
"Microfinance NGOs Development Act of 2005." The measure grants donee institution status to NGOs to enable donors to claim their donations as a deduction from gross income for a period of 10 years from the effectivity of the proposed act.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.