Bill Type
Congress Name
Long Title
AN ACT REMOVING THE SALE OF ELECTRICITY POWER FROM THE COVERAGE OF THE EXPANDED VALUE-ADDED TAX LAW BY AMENDING CERTAIN PROVISIONS OF THE NATIONAL INTERNAL REVENUE CODE OF 1997, AS AMENDED BY REPUBLIC ACT NO. 9337, AND FOR OTHER PURPOSES
Date filed
May 12, 2008
Scope
Legislative History
| House Bill/Resolution NO. HB04104 |
| FULL TITLE : AN ACT REMOVING THE SALE OF ELECTRICITY POWER FROM THE COVERAGE OF THE EXPANDED VALUE-ADDED TAX LAW BY AMENDING CERTAIN PROVISIONS OF THE NATIONAL INTERNAL REVENUE CODE OF 1997, AS AMENDED BY REPUBLIC ACT NO. 9337, AND FOR OTHER PURPOSES |
| ABSTRACT : Proposes to mitigate the impact of high electricity prices by removeing the sale of electric power from the ambit of the value-added tax. |
| PRINCIPAL AUTHOR/S : FUENTEBELLA, ARNULFO P. |
| DATE FILED : 2008-05-12 |
| SIGNIFICANCE: NATIONAL |
| CO-AUTHORS (Journal Entries) : |
| 1. Guingona (079 ) |
| ACTIONS TAKEN BY THE COMMITTEE |
| COMMITEE HEARINGS/ACTIONS: |
| 1. Scheduled for first meeting/hearing on 2008-05-27 |
| 2. Under deliberation by the Mother Committee on 2008-06-03 |
| 3. Under deliberation by the Mother Committee on 2008-06-10 |
| 4. Under deliberation by the Mother Committee on 2008-07-29 |
| 5. Under deliberation by the Mother Committee on 2008-08-05 |
| 6. Under deliberation by the Mother Committee on 2008-08-12 |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON WAYS AND MEANS ON 2008-05-19 |
Abstract
Proposes to mitigate the impact of high electricity prices by removeing the sale of electric power from the ambit of the value-added tax.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.