Bill Type
Congress Name
Long Title
AN ACT EXEMPTING LOCAL WATER DISTRICTS FROM CORPORATE INCOME TAX AMENDING FOR THE PURPOSE SEC. 27 (C) OF REPUBLIC ACT NO. 8424, OTHERWISE KNOWN AS THE NATIONAL INTERNAL REVENUE CODE OF 1997 AS AMENDED, AND FOR OTHER PURPOSES
Date filed
May 14, 2008
Scope
Legislative History
| House Bill/Resolution NO. HB04139 | |
| FULL TITLE : AN ACT EXEMPTING LOCAL WATER DISTRICTS FROM CORPORATE INCOME TAX AMENDING FOR THE PURPOSE SEC. 27 (C) OF REPUBLIC ACT NO. 8424, OTHERWISE KNOWN AS THE NATIONAL INTERNAL REVENUE CODE OF 1997 AS AMENDED, AND FOR OTHER PURPOSES | |
| ABSTRACT : Seeks to exempt local water districts (LWDs) from the payment of corporate income tax. It also proposes the condonation of all unpaid income taxes or any portion there due from LWDs from August 14, 1996 up to the effectivity of this Act. | |
| PRINCIPAL AUTHOR/S : JAVIER, EXEQUIEL B. | |
| DATE FILED : 2008-05-14 | |
| SIGNIFICANCE: NATIONAL | |
| CO-AUTHORS (Journal Entries) : | |
| 1. Escudero (006 ) | 2. Villarosa (008 ) |
| 3. Joson (010 ) | 4. Barzaga (010 ) |
| 5. Yap (011 ) | 6. Uy (R.A.) (018 ) |
| 7. Rodriguez (019 ) | 8. Roman (024 ) |
| 9. San Luis (025 ) | 10. Jalosjos (027 ) |
| ACTIONS TAKEN BY THE COMMITTEE | |
| COMMITEE HEARINGS/ACTIONS: | |
| 1. Approved by the Committee on 2008-09-09 | |
| 2. Committee Report filed on 2008-09-25 | |
| MOTHER BILL: HB05210 | |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON WAYS AND MEANS ON 2008-05-21 |
Abstract
Seeks to exempt local water districts (LWDs) from the payment of corporate income tax. It also proposes the condonation of all unpaid income taxes or any portion there due from LWDs from August 14, 1996 up to the effectivity of this Act.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.