Bill Type
Short Title
CORPORATE INCOME TAX AND INCENTIVES RATIONALIZATION ACT (CITIRA)
Third Reading Copy link (HRep)
Scope
Legislative Status
Legislative Status Date
Session Sequence No.
23
Session Type
Document Certification
All Information (Senate Website)
Legislative History (Senate Website)
Committee Report Senate Link
Committee Referral (Senate Website)
Committee Details
House Committee Report link
Legislative History
| House Bill/Resolution NO. HB04157 | ||
| REPUBLIC ACT NO. RA11534 | ||
| FULL TITLE : AN ACT AMENDING SECTIONS 4, 5, 20, 22, 27, 28, 34, 40, 50, 73, 112, 117, 204, 222, 237, 237-A, 255, 256, 257, 258, 261, 263, 264, 266, 275, 290, 291, 292 AND ADDING NEW SECTIONS 6-A, 282-A, 293, 294, 295, 296, 297, 298, 299, 300, 301, 302, 303, 304, 305, 306, 307, 308, 309, 310, 311, 312, 313, 314, 315 AND 316 ALL UNDER THE NATIONAL INTERNAL REVENUE CODE OF 1997, AS AMENDED, AND FOR OTHER PURPOSES | ||
| SHORT TITLE : Amending Sections 4, 5, 20, 22, 27, 28, 34, 40, 50, 73, 112, 117, 204, 222, 237, 237-a, 255, 256, 257, 258, 261, 263, 264, 266, 275, 290, 291, 292 And Adding New Sections 6-a, 282-a, 293, 294, 294-a, 295, 296, 297, 298, 299, 300, 301, 302, 303, 304, 305, 306, 307, 308, 309, 310, 311, 312, 313, 314, 315, And 316, All Under The National Internal Revenue Code Of 1997, As Amended, And For Other Purposes | ||
| ABSTRACT : Seeks to encourage investment by reducing the corporate income tax (CIT) rate from 30% to 20%; ensure that the grant of fiscal incentives helps bring in the greatest benefits, such as higher and more dispersed investments, more jobs, and better technology; ensure fairness and transparency in the grant of fiscal incentives; and enhance the accountability of taxpayers through more efficient tax administration. (CITIRA) | ||
| ALIAS NAME : Corporate Income Tax and Incentives Rationalization Act or CITIRA | ||
| PRINCIPAL AUTHOR/S : SUANSING, HORACIO JR. P., SUANSING, ESTRELLITA B., SALCEDA, JOEY SARTE, SINGSON-MEEHAN, KRISTINE, VILLAFUERTE, LUIS RAYMUND "LRAY" JR F., CUA, JUNIE E., GARIN, SHARON S., GONZALES, AURELIO "DONG" JR. D., ROMERO, MICHAEL ODYLON L., HOFER, ANN K., RODRIGUEZ, RUFUS B., UNGAB, ISIDRO T., VIOLAGO, MICAELA S., TAN, ALYSSA SHEENA P., SUAREZ, ALETA C., YAP, ERIC G., ONG, JOSE "JUN" JR. L., VALERIANO, ROLANDO, BARZAGA, ELPIDIO JR. F., SALIMBANGON, JANICE Z., UY, JULIETTE T., NUÑEZ-MALANYAON, CORAZON T., GULLAS, EDUARDO "EDDIE" R., TUPAS, RAUL C., GORRICETA, MICHAEL B., CANAMA, SABINIANO S., TEJADA, JOSE "PING-PING" I., ARAGONES, SOL, CHIPECO, JOAQUIN JR. M., CAOAGDAN, RUDY S., DPA, DEFENSOR, LORENZ R., CRISOLOGO, ANTHONY PETER "ONYX" D., SALVADOR-TAMBUNTING, JOY MYRA, FARIÑAS, RIA CHRISTINA G., ESPINO,JUMEL ANTHONY I., COLLANTES, MA. THERESA V., SACDALAN, JOSELITO "JOEL" S., DUAVIT, JOHN MICHAEL R., VILLA, JAKE VINCENT, FUENTEBELLA, ARNIE B., JIMENEZ, CESAR "JAWO" JR. I., DELOSO-MONTALLA, CHERYL P., DY, FAUSTINO MICHAEL CARLOS III T., REYES, ALLAN BENEDICT S., PADIERNOS, JOSE GAY G., LAGON, SONNY "SL" L., LACSON, VIRGILIO S., AGLIPAY, MICHAEL EDGAR Y., BUSTOS, JORGE ANTONIO P., NOGRALES, JERICHO JONAS B., EBCAS, ADRIANO A., ONG, RONNIE L., QUIMBO, STELLA LUZ A., ADVINCULA, ALEX "AA" L., CABREDO, FERNANDO T., DALOG, MAXIMO JR. Y., CHATTO, EDGAR M., AMANTE-MATBA, MA. ANGELICA M., ACOSTA, GIL "KABARANGAY JR" A., JALOSJOS, ROMEO JR. M., KHO, ELISA "OLGA" T., CALDERON, PETER JOHN D., MACAPAGAL ARROYO, JUAN MIGUEL, BAUTISTA-BANDIGAN, LORNA P., PINEDA, ENRICO A., MADRONA. ELEANDRO JESUS F., SIAO, FREDERICK W., MALAPITAN, DALE "ALONG" R., ALBANO, ANTONIO "TONYPET" T., VARGAS ALFONSO, SAMANTHA LOUISE, ALVAREZ, FRANZ "CHICOY" E., ARENAS, ROSE MARIE "BABY" J., BARBERS, ROBERT ACE S., BILLONES, EMMANUEL "TAWI", BOLILIA, LIANDA B., CASTRO, FREDENIL "FRED" H., CHUNGALAO, SOLOMON R., CUEVA, LEO RAFAEL M., DEL MAR, RAUL V., DY, IAN PAUL L., CELESTE, ARNOLD "NOLI" D., DUTERTE, PAOLO Z., GARCIA, PABLO JOHN F., LEACHON, DOY C., MANGUDADATU, ESMAEL G., PICHAY, PROSPERO JR. A., SAVELLANO, DEOGRACIAS VICTOR "DV" B., TADURAN, ROWENA NIÑA O., YAP, VICTOR A., PADUANO, JOSEPH STEPHEN S., DUJALI, ALAN "ALDU" R., FERNANDO, BAYANI F., FLORES, JONATHAN KEITH T., GO, ED CHRISTOPHER S., HERNANDEZ, FERDINAND L., HERRERA-DY, BERNADETTE "BH", NOGRALES, JUAN FIDEL FELIPE F., VILLARAZA-SUAREZ, ANNA MARIE, TALLADO, JOSEFINA B., ROMULO, ROMAN T., FERNANDEZ, DAN S., NIETO, JOHN MARVIN "YUL SERVO" C., ROBES, FLORIDA "RIDA" P., ROMUALDEZ, FERDINAND MARTIN G., FERRER, LUIS "JON-JON" IV A., SINGSON, JOSE "BONITO" JR. C., VILLANUEVA, NOEL L., MATUGAS, FRANCISCO JOSE "BINGO" II F., CPA, CESO, LLB, ZAMORA, WAY KURAT, ALBANO, RODOLFO B., DIMAPORO, ABDULLAH D., REMULLA, JESUS CRISPIN C., MOMO, ROMEO S., SINSUAT, DATU ROONIE SR. Q., UMALI, MA. VICTORIA V., GUICO, RAMON "MON-MON" III V., TULFO, JOCELYN P., AUMENTADO, ERICO ARISTOTLE C., DY, FAUSTINO "INNO" V A., BONDOC, JUAN PABLO "RIMPY" P., ZUBIRI, MANUEL F., BALINDONG, YASSER ALONTO, BRAVO, NARCISO JR. R., CUARESMA, LUISA LLOREN, ANGARA, ROMMEL RICO, GUYA, GODOFREDO N., PIMENTEL, JOHNNY TY, BENITEZ, JOSE FRANCISCO "KIKO" B., OUANO-DIZON, EMMARIE "LOLYPOP", GONZALEZ, SANDRO L., LIMKAICHONG, JOCELYN SY, SAGARBARRIA, MANUEL T., SUAREZ, DAVID "JAY-JAY" C., TY, DIEGO "NONOY" C., RUIZ DAZA, PAUL, GONZAGA, RUWEL PETER S., NATIVIDAD-NAGAÑO, MARICEL G., MD., ORTEGA, PABLO C., VERGARA, ROSANNA "RIA", CAMPOS, LUIS JR. N., DALIPE, MANUEL JOSE "MANNIX" M., TIANGCO, JOHN REYNALD M., OAMINAL, HENRY S., PALMA, WILTER "SHARKY" II WEE, UY, ROLANDO "KLAREX" A., SY-ALVARADO, "KUYA" JOSE ANTONIO R., GASATAYA, GREG G., VARGAS, ALFRED, DELOS SANTOS, ALFRED C., MARCOLETA, RODANTE D. | ||
| DATE FILED : 2019-08-22 | ||
| SIGNIFICANCE: NATIONAL | ||
| CO-AUTHORS (Journal Entries) : | ||
| 1. Abante (000 2019-09-13) | ||
| AUTHORS(Committee Report) : | ||
| 1. Suansing (H.) | 2. Suansing (E.) | 3. Salceda |
| 4. Singson-Meehan | 5. Villafuerte | 6. Cua |
| 7. Garin (S.) | 8. Gonzales (A.) | 9. Romero |
| 10. Hofer | 11. Rodriguez | 12. Ungab |
| 13. Violago | 14. Tan (A.S.) | 15. Suarez (A.) |
| 16. Yap (E.) | 17. Ong (J.) | 18. Valeriano |
| 19. Barzaga | 20. Salimbangon | 21. Uy (J.) |
| 22. Nuñez-Malanyaon | 23. Gullas | 24. Tupas |
| 25. Gorriceta | 26. Canama | 27. Tejada |
| 28. Aragones | 29. Chipeco | 30. Caoagdan |
| 31. Defensor (L.) | 32. Crisologo | 33. Salvador-Tambunting |
| 34. Fariñas (R.C.) | 35. Espino | 36. Collantes |
| 37. Sacdalan | 38. Duavit | 39. Villa |
| 40. Fuentebella | 41. Jimenez | 42. Deloso-Montalla |
| 43. Dy (F.M.C.) | 44. Reyes | 45. Padiernos |
| 46. Lagon | 47. Lacson | 48. Aglipay |
| 49. Bustos | 50. Nograles (J.J.) | 51. Ebcas |
| 52. Ong (R.) | 53. Quimbo | 54. Advincula |
| 55. Cabredo | 56. Dalog | 57. Chatto |
| 58. Amante-Matba | 59. Acosta | 60. Jalosjos |
| 61. Kho (E.) | 62. Calderon | 63. Macapagal Arroyo |
| 64. Bautista-Bandigan | 65. Pineda | 66. Madrona |
| 67. Siao | 68. Malapitan | 69. Albano (A.) |
| 70. Vargas Alfonso | 71. Alvarez (F.) | 72. Arenas |
| 73. Barbers | 74. Billones | 75. Bolilia |
| 76. Castro (F.H.) | 77. Chungalao | 78. Cueva |
| 79. Del Mar | 80. Dy (I.P.) | 81. Celeste |
| 82. Duterte | 83. Garcia (P.J.) | 84. Leachon |
| 85. Mangudadatu | 86. Pichay | 87. Savellano |
| 88. Taduran | 89. Yap (V.) | 90. Paduano |
| 91. Dujali | 92. Fernando | 93. Flores |
| 94. Go (E.C.) | 95. Hernandez | 96. Herrera-Dy |
| 97. Nograles (J.F.F.) | 98. Villaraza-Suarez | 99. Tallado |
| 100. Romulo | 101. Fernandez | 102. Nieto |
| 103. Robes | 104. Romualdez (F.M.) | 105. Ferrer (L.) |
| 106. Singson | 107. Villanueva (N.) | 108. Matugas |
| 109. Zamora (W.K.) | 110. Albano (R.) | 111. Dimaporo (A.) |
| 112. Remulla | 113. Momo | 114. Sinsuat |
| 115. Umali (M.V.) | 116. Guico | 117. Tulfo |
| 118. Aumentado | 119. Dy (F.) | 120. Bondoc |
| 121. Zubiri | 122. Balindong | 123. Bravo |
| 124. Cuaresma | 125. Angara | 126. Guya |
| 127. Pimentel | 128. Benitez | 129. Ouano-Dizon |
| 130. Gonzalez | 131. Limkaichong | 132. Sagarbarria |
| 133. Suarez (D.) | 134. Ty (D.) | 135. Ruiz Daza |
| 136. Gonzaga | 137. Natividad-Nagaño | 138. Ortega |
| 139. Vergara | 140. Campos | 141. Dalipe |
| 142. Tiangco | 143. Oaminal | 144. Palma |
| 145. Uy (R.) | 146. Sy-Alvarado | 147. Gasataya |
| 148. Vargas | 149. Delos Santos | 150. Marcoleta |
| AUTHORS(Final/Third Reading) : | ||
| 1. Suansing (H.) | 2. Suansing (E.) | |
| 3. Salceda | 4. Singson-Meehan | |
| 5. Villafuerte | 6. Cua | |
| 7. Garin (S.) | 8. Gonzales (A.) | |
| 9. Romero | 10. Hofer | |
| 11. Rodriguez | 12. Ungab | |
| 13. Violago | 14. Tan (A.S.) | |
| 15. Suarez (A.) | 16. Yap (E.) | |
| 17. Ong (J.) | 18. Valeriano | |
| 19. Barzaga | 20. Salimbangon | |
| 21. Uy (J.) | 22. Nuñez-Malanyaon | |
| 23. Gullas | 24. Tupas | |
| 25. Gorriceta | 26. Canama | |
| 27. Tejada | 28. Aragones | |
| 29. Chipeco | 30. Caoagdan | |
| 31. Defensor (L.) | 32. Crisologo | |
| 33. Salvador-Tambunting | 34. Fariñas (R.C.) | |
| 35. Espino | 36. Collantes | |
| 37. Sacdalan | 38. Duavit | |
| 39. Villa | 40. Fuentebella | |
| 41. Jimenez | 42. Deloso-Montalla | |
| 43. Dy (F.M.C.) | 44. Reyes | |
| 45. Padiernos | 46. Lagon | |
| 47. Lacson | 48. Aglipay | |
| 49. Bustos | 50. Nograles (J.J.) | |
| 51. Ebcas | 52. Ong (R.) | |
| 53. Quimbo | 54. Advincula | |
| 55. Cabredo | 56. Dalog | |
| 57. Chatto | 58. Amante-Matba | |
| 59. Acosta | 60. Jalosjos | |
| 61. Kho (E.) | 62. Calderon | |
| 63. Macapagal Arroyo | 64. Bautista-Bandigan | |
| 65. Pineda | 66. Madrona | |
| 67. Siao | 68. Malapitan | |
| 69. Albano (A.) | 70. Vargas Alfonso | |
| 71. Alvarez (F.) | 72. Arenas | |
| 73. Barbers | 74. Billones | |
| 75. Bolilia | 76. Castro (F.H.) | |
| 77. Chungalao | 78. Cueva | |
| 79. Del Mar | 80. Dy (I.P.) | |
| 81. Celeste | 82. Duterte | |
| 83. Garcia (P.J.) | 84. Leachon | |
| 85. Mangudadatu | 86. Pichay | |
| 87. Savellano | 88. Taduran | |
| 89. Yap (V.) | 90. Paduano | |
| 91. Dujali | 92. Fernando | |
| 93. Flores | 94. Go (E.C.) | |
| 95. Hernandez | 96. Herrera-Dy | |
| 97. Nograles (J.F.F.) | 98. Villaraza-Suarez | |
| 99. Tallado | 100. Romulo | |
| 101. Fernandez | 102. Nieto | |
| 103. Robes | 104. Romualdez (F.M.) | |
| 105. Ferrer (L.) | 106. Singson | |
| 107. Villanueva (N.) | 108. Matugas | |
| 109. Zamora (W.K.) | 110. Albano (R.) | |
| 111. Dimaporo (A.) | 112. Remulla | |
| 113. Momo | 114. Sinsuat | |
| 115. Umali (M.V.) | 116. Guico | |
| 117. Tulfo | 118. Aumentado | |
| 119. Dy (F.) | 120. Bondoc | |
| 121. Zubiri | 122. Balindong | |
| 123. Bravo | 124. Cuaresma | |
| 125. Angara | 126. Guya | |
| 127. Pimentel | 128. Benitez | |
| 129. Ouano-Dizon | 130. Gonzalez | |
| 131. Limkaichong | 132. Sagarbarria | |
| 133. Suarez (D.) | 134. Ty (D.) | |
| 135. Ruiz Daza | 136. Gonzaga | |
| 137. Natividad-Nagaño | 138. Ortega | |
| 139. Vergara | 140. Campos | |
| 141. Dalipe | 142. Tiangco | |
| 143. Oaminal | 144. Palma | |
| 145. Uy (R.) | 146. Sy-Alvarado | |
| 147. Gasataya | 148. Vargas | |
| 149. Delos Santos | 150. Marcoleta | |
| 151. Suntay | 152. Alonte | |
| 153. Olivarez | 154. Castelo | |
| 155. Pancho | 156. Amatong | |
| 157. Javier | 158. Defensor (M.) | |
| 159. Teves (J.) | 160. Romualdo | |
| 161. Tolentino | 162. Erice | |
| 163. Gatchalian | 164. Barba | |
| 165. Nava | 166. Fortuno | |
| 167. Dimaporo (M.K.) | 168. Bulut | |
| 169. Fongwan | 170. Arbison | |
| 171. Umali (A.) | 172. Cari | |
| COUNTERPART HOUSE BILL/CONCURRENT RESOLUTION: SB01357 | ||
| ACTIONS TAKEN BY THE COMMITTEE | ||
| COMMITTEE REPORT NO. 00002 | ||
| SUBMITTED ON 2019-08-22 | ||
| SUBMITTED BY: WAYS AND MEANS, APPROPRIATIONS | ||
| RECOMMENDATIONS: Approval in substitution of House Bills Numbered 176, 313, 1042, 1909, 2084, 2554, 2704, 2956, 3356, and 3846 | ||
| COMMITTEE REPORT AUTHORS : SUANSING, HORACIO JR. P., SUANSING, ESTRELLITA B., SALCEDA, JOEY SARTE, SINGSON-MEEHAN, KRISTINE, VILLAFUERTE, LUIS RAYMUND "LRAY" JR F., CUA, JUNIE E., GARIN, SHARON S., GONZALES, AURELIO "DONG" JR. D., ROMERO, MICHAEL ODYLON L., HOFER, ANN K., RODRIGUEZ, RUFUS B., UNGAB, ISIDRO T., VIOLAGO, MICAELA S., TAN, ALYSSA SHEENA P., SUAREZ, ALETA C., YAP, ERIC G., ONG, JOSE "JUN" JR. L., VALERIANO, ROLANDO, BARZAGA, ELPIDIO JR. F., SALIMBANGON, JANICE Z., UY, JULIETTE T., NUÑEZ-MALANYAON, CORAZON T., GULLAS, EDUARDO "EDDIE" R., TUPAS, RAUL C., GORRICETA, MICHAEL B., CANAMA, SABINIANO S., TEJADA, JOSE "PING-PING" I., ARAGONES, SOL, CHIPECO, JOAQUIN JR. M., CAOAGDAN, RUDY S., DPA, DEFENSOR, LORENZ R., CRISOLOGO, ANTHONY PETER "ONYX" D., SALVADOR-TAMBUNTING, JOY MYRA, FARIÑAS, RIA CHRISTINA G., ESPINO,JUMEL ANTHONY I., COLLANTES, MA. THERESA V., SACDALAN, JOSELITO "JOEL" S., DUAVIT, JOHN MICHAEL R., VILLA, JAKE VINCENT, FUENTEBELLA, ARNIE B., JIMENEZ, CESAR "JAWO" JR. I., DELOSO-MONTALLA, CHERYL P., DY, FAUSTINO MICHAEL CARLOS III T., REYES, ALLAN BENEDICT S., PADIERNOS, JOSE GAY G., LAGON, SONNY "SL" L., LACSON, VIRGILIO S., AGLIPAY, MICHAEL EDGAR Y., BUSTOS, JORGE ANTONIO P., NOGRALES, JERICHO JONAS B., EBCAS, ADRIANO A., ONG, RONNIE L., QUIMBO, STELLA LUZ A., ADVINCULA, ALEX "AA" L., CABREDO, FERNANDO T., DALOG, MAXIMO JR. Y., CHATTO, EDGAR M., AMANTE-MATBA, MA. ANGELICA M., ACOSTA, GIL "KABARANGAY JR" A., JALOSJOS, ROMEO JR. M., KHO, ELISA "OLGA" T., CALDERON, PETER JOHN D., MACAPAGAL ARROYO, JUAN MIGUEL, BAUTISTA-BANDIGAN, LORNA P., PINEDA, ENRICO A., MADRONA. ELEANDRO JESUS F., SIAO, FREDERICK W., MALAPITAN, DALE "ALONG" R., ALBANO, ANTONIO "TONYPET" T., VARGAS ALFONSO, SAMANTHA LOUISE, ALVAREZ, FRANZ "CHICOY" E., ARENAS, ROSE MARIE "BABY" J., BARBERS, ROBERT ACE S., BILLONES, EMMANUEL "TAWI", BOLILIA, LIANDA B., CASTRO, FREDENIL "FRED" H., CHUNGALAO, SOLOMON R., CUEVA, LEO RAFAEL M., DEL MAR, RAUL V., DY, IAN PAUL L., CELESTE, ARNOLD "NOLI" D., DUTERTE, PAOLO Z., GARCIA, PABLO JOHN F., LEACHON, DOY C., MANGUDADATU, ESMAEL G., PICHAY, PROSPERO JR. A., SAVELLANO, DEOGRACIAS VICTOR "DV" B., TADURAN, ROWENA NIÑA O., YAP, VICTOR A., PADUANO, JOSEPH STEPHEN S., DUJALI, ALAN "ALDU" R., FERNANDO, BAYANI F., FLORES, JONATHAN KEITH T., GO, ED CHRISTOPHER S., HERNANDEZ, FERDINAND L., HERRERA-DY, BERNADETTE "BH", NOGRALES, JUAN FIDEL FELIPE F., VILLARAZA-SUAREZ, ANNA MARIE, TALLADO, JOSEFINA B., ROMULO, ROMAN T., FERNANDEZ, DAN S., NIETO, JOHN MARVIN "YUL SERVO" C., ROBES, FLORIDA "RIDA" P., ROMUALDEZ, FERDINAND MARTIN G., FERRER, LUIS "JON-JON" IV A., SINGSON, JOSE "BONITO" JR. C., VILLANUEVA, NOEL L., MATUGAS, FRANCISCO JOSE "BINGO" II F., CPA, CESO, LLB, ZAMORA, WAY KURAT, ALBANO, RODOLFO B., DIMAPORO, ABDULLAH D., REMULLA, JESUS CRISPIN C., MOMO, ROMEO S., SINSUAT, DATU ROONIE SR. Q., UMALI, MA. VICTORIA V., GUICO, RAMON "MON-MON" III V., TULFO, JOCELYN P., AUMENTADO, ERICO ARISTOTLE C., DY, FAUSTINO "INNO" V A., BONDOC, JUAN PABLO "RIMPY" P., ZUBIRI, MANUEL F., BALINDONG, YASSER ALONTO, BRAVO, NARCISO JR. R., CUARESMA, LUISA LLOREN, ANGARA, ROMMEL RICO, GUYA, GODOFREDO N., PIMENTEL, JOHNNY TY, BENITEZ, JOSE FRANCISCO "KIKO" B., OUANO-DIZON, EMMARIE "LOLYPOP", GONZALEZ, SANDRO L., LIMKAICHONG, JOCELYN SY, SAGARBARRIA, MANUEL T., SUAREZ, DAVID "JAY-JAY" C., TY, DIEGO "NONOY" C., RUIZ DAZA, PAUL, GONZAGA, RUWEL PETER S., NATIVIDAD-NAGAÑO, MARICEL G., MD., ORTEGA, PABLO C., VERGARA, ROSANNA "RIA", CAMPOS, LUIS JR. N., DALIPE, MANUEL JOSE "MANNIX" M., TIANGCO, JOHN REYNALD M., OAMINAL, HENRY S., PALMA, WILTER "SHARKY" II WEE, UY, ROLANDO "KLAREX" A., SY-ALVARADO, "KUYA" JOSE ANTONIO R., GASATAYA, GREG G., VARGAS, ALFRED, DELOS SANTOS, ALFRED C., MARCOLETA, RODANTE D. | ||
| SUBSTITUTED BILLS: HB00176, HB00313, HB01042, HB01909, HB02084, HB02554, HB02704, HB02956, HB03356, HB03846 | ||
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | ||
| REFERRAL TO THE COMMITTEE ON RULES ON 2019-08-27 | ||
| DATE INCLUDED IN OB: 2019-08-27 | ||
| DATE CALENDARED : 2019-08-27 | ||
| SECOND READING INFORMATION | ||
| PERIOD OF SPONSORSHIP : 2019-08-27, 2019-08-28, 2019-09-02, 2019-09-03, 2019-09-04, 2019-09-09 | ||
| SPONSORED BY : Salceda;Suansing (E.);Garin (S.);Suansing (E.);Garin (S.);Salceda;Suansing (E.);Salceda;Salceda;Garin (S.);Salceda | ||
| PERIOD OF INTERPELLATIONS : 2019-08-28, 2019-09-02, 2019-09-03, 2019-09-04 | ||
| INTERPELLATED BY : Zarate, Castro (F.L.), Gaite, Quimbo, Rodriguez, Atienza, Rodriguez, Brosas, Lagman | ||
| DATE SPONSORSHIP/DEBATE CLOSED: 2019-09-04 | ||
| PERIOD OF COMMITTEE AMENDMENTS : 2019-09-04 | ||
| AMENDED BY THE COMMITTEE(S) ON : SALCEDA, JOEY S. | ||
| PERIOD OF INDIVIDUAL AMENDMENTS : 2019-09-04, 2019-09-09 | ||
| AMENDED BY : Rodriguez, Quimbo, Suansing (E.) | ||
| FINAL LIST OF AUTHORS : Suansing (H.), Suansing (E.), Salceda, Singson-Meehan, Villafuerte, Cua, Garin (S.), Gonzales (A.), Romero, Hofer, Rodriguez, Ungab, Violago, Tan (A.S.), Suarez (A.), Yap (E.), Ong (J.), Valeriano, Barzaga, Salimbangon, Uy (J.), Nuñez-Malanyaon, Gullas, Tupas, Gorriceta, Canama, Tejada, Aragones, Chipeco, Caoagdan, Defensor (L.), Crisologo, Salvador-Tambunting, Fariñas (R.C.), Espino, Collantes, Sacdalan, Duavit, Villa, Fuentebella, Jimenez, Deloso-Montalla, Dy (F.M.C.), Reyes, Padiernos, Lagon, Lacson, Aglipay, Bustos, Nograles (J.J.), Ebcas, Ong (R.), Quimbo, Advincula, Cabredo, Dalog, Chatto, Amante-Matba, Acosta, Jalosjos, Kho (E.), Calderon, Macapagal Arroyo, Bautista-Bandigan, Pineda, Madrona, Siao, Malapitan, Albano (A.), Vargas Alfonso, Alvarez (F.), Arenas, Barbers, Billones, Bolilia, Castro (F.H.), Chungalao, Cueva, Del Mar, Dy (I.P.), Celeste, Duterte, Garcia (P.J.), Leachon, Mangudadatu, Pichay, Savellano, Taduran, Yap (V.), Paduano, Dujali, Fernando, Flores, Go (E.C.), Hernandez, Herrera-Dy, Nograles (J.F.F.), Villaraza-Suarez, Tallado, Romulo, Fernandez, Nieto, Robes, Romualdez (F.M.), Ferrer (L.), Singson, Villanueva (N.), Matugas, Zamora (W.K.), Albano (R.), Dimaporo (A.), Remulla, Momo, Sinsuat, Umali (M.V.), Guico, Tulfo, Aumentado, Dy (F.), Bondoc, Zubiri, Balindong, Bravo, Cuaresma, Angara, Guya, Pimentel, Benitez, Ouano-Dizon, Gonzalez, Limkaichong, Sagarbarria, Suarez (D.), Ty (D.), Ruiz Daza, Gonzaga, Natividad-Nagaño, Ortega, Vergara, Campos, Dalipe, Tiangco, Oaminal, Palma, Uy (R.), Sy-Alvarado, Gasataya, Vargas, Delos Santos, Marcoleta, Suntay, Alonte, Olivarez, Castelo, Pancho, Amatong, Javier, Defensor (M.), Teves (J.), Romualdo, Tolentino, Erice, Gatchalian, Barba, Nava, Fortuno, Dimaporo (M.K.), Bulut, Fongwan, Arbison, Umali (A.), Cari | ||
| DATE APPROVED ON SECOND READING : 2019-09-09 | ||
| REMARKS : Manifestation: Hon. Herrera-Dy on Aug. 28, 2019 ; Hon. Abante on Sept. 4, 2019. Amended by substitution on Sept. 4, 2019. | ||
| THIRD READING INFORMATION | ||
| DATE COPY DISTRIBUTED TO MEMBERS: 2019-09-10 | ||
| DATE APPROVED BY THE HOUSE ON THIRD READING :2019-09-13 | ||
| THIRD READING TITLE :AN ACT AMENDING SECTIONS 4, 5, 20, 22, 27, 28, 34, 40, 50, 73, 112, 117, 204, 222, 237, 237-A, 255, 256, 257, 258, 261, 263, 264, 266, 275, 290, 291, 292 AND ADDING NEW SECTIONS 6-A, 282-A, 293, 294, 294-A, 295, 296, 297, 298, 299, 300, 301, 302, 303, 304, 305, 306, 307, 308, 309, 310, 311, 312, 313, 314, 315, AND 316, ALL UNDER THE NATIONAL INTERNAL REVENUE CODE OF 1997, AS AMENDED, AND FOR OTHER PURPOSES | ||
| HOUSE VOTES: YEAS:170 NAYS:8 ABSTAIN:.6 | ||
| Voting Details Per Member(Legend:Y-Yes N-No A-Abstain X-Did Not Vote B-Absent D-N/A) | ||
| Y---Abante | X---Abaya | |
| X---Abellanosa | X---Abu | |
| Y---Abueg-Zaldivar | Y---Abunda | |
| Y---Acop | X---Acosta | |
| X---Acosta-Alba | X---Adiong | |
| X---Advincula | Y---Agabas | |
| X---Agarao | Y---Aglipay | |
| Y---Albano (A.) | B---Albano (R.)--(Absent) | |
| X---Vargas Alfonso | Y---Almario | |
| X---Alonte | X---Alvarez (F.) | |
| X---Alvarez (G.) | X---Alvarez (P.) | |
| Y---Amante-Matba | X---Amatong | |
| B---Andaya--(Absent) | Y---Angara | |
| X---Aragones | Y---Arbison | |
| X---Arenas | Y---Macapagal Arroyo | |
| Y---Arroyo | N---Atienza | |
| X---Aumentado | X---Babasa | |
| Y---Bagatsing | X---Bainto-Aguinaldo | |
| Y---Balindong | D---Bañas-Nograles--(N/A) | |
| Y---Barba | B---Barbers--(Absent) | |
| Y---Baronda | Y---Barzaga | |
| Y---Bascug | X---Bautista | |
| Y---Bautista-Bandigan | A---Belmonte | |
| X---Benitez | Y---Bernos | |
| Y---Biazon | Y---Billones | |
| X---Biron | Y---Bolilia | |
| Y---Bondoc | A---Bordado | |
| Y---Bravo | N---Brosas | |
| X---Bulut | Y---Bustos | |
| Y---Cabatbat | X---Cabochan | |
| X---Cabredo | X---Cagas | |
| X---Calderon | Y---Calixto | |
| X---Caminero | Y---Campos | |
| X---Canama | X---Caoagdan | |
| D---Cardema--(N/A) | Y---Cari | |
| Y---Castelo | N---Castro (F.L.) | |
| Y---Castro (F.H.) | X---Cayetano (A.P.) | |
| Y---Cayetano (M.L.) | X---Celeste | |
| Y---Chatto | Y---Chipeco | |
| Y---Chungalao | Y---Co (A.N.) | |
| X---Co (E.) | X---Cojuangco | |
| X---Collantes | Y---Crisologo | |
| Y---Cua | Y---Cuaresma | |
| Y---Cueva | N---Cullamat | |
| Y---Dagooc | Y---Dalipe | |
| Y---Dalog | D---Datol--(N/A) | |
| X---Ruiz Daza | Y---De Jesus | |
| Y---De Venecia | Y---Defensor (L.) | |
| X---Defensor (M.) | Y---Del Mar | |
| Y---Delos Santos | Y---Deloso-Montalla | |
| Y---Dimaporo (A.) | Y---Dimaporo (M.K.) | |
| X---Duavit | X---Dujali | |
| X---Duterte | X---Dy (F.M.C.) | |
| Y---Dy (F.) | X---Dy (I.P.) | |
| Y---Ebcas | Y---Ecleo | |
| N---Elago | X---Enverga | |
| X---Erice | X---Eriguel | |
| Y---Ermita-Buhain | Y---Escudero | |
| Y---Espina | X---Espino | |
| X---Estrella | X---Fariñas (R.C.) | |
| X---Fariñas I (R.C.) | Y---Fernandez | |
| Y---Fernando | X---Ferrer (J.M.) | |
| X---Ferrer (L.) | Y---Flores | |
| Y---Fongwan | X---Fortun | |
| Y---Fortuno | Y---Frasco | |
| X---Fuentebella | N---Gaite | |
| Y---Garbin | X---Garcia (J.E.) | |
| X---Garcia (P.J.) | X---Garcia (V.) | |
| Y---Garin (J.) | Y---Garin (S.) | |
| X---Gasataya | X---Gatchalian | |
| Y---Gato | X---Geron | |
| Y---Go (E.C.) | X---Go (M.) | |
| X---Torres-Gomez | X---Gonzaga | |
| X---Gonzales (A.) | Y---Gonzales (N.) | |
| X---Gonzalez | X---Gorriceta | |
| Y---Guico | X---Gullas | |
| Y---Guya | X---Haresco | |
| A---Hataman | X---Hernandez | |
| Y---Herrera-Dy | X---Hofer | |
| Y---Jalosjos | Y---Javier | |
| Y---Jimenez | Y---Kho (E.) | |
| Y---Kho (W.) | X---Khonghun | |
| Y---Labadlabad | X---Lacson | |
| Y---Lacson-Noel | N---Lagman | |
| Y---Lagon | X---Lara | |
| Y---Lazatin | X---Leachon | |
| X---Legarda | Y---Lim | |
| Y---Limkaichong | X---Lopez (M.L.) | |
| Y---Loyola | D---Lusotan--(N/A) | |
| X---Maceda | B---Madrona--(Absent) | |
| Y---Malapitan | X---Mangaoang | |
| Y---Mangudadatu | Y---Marcoleta | |
| Y---Mariano-Hernandez | X---Mariño | |
| X---Marquez | X---Martinez | |
| Y---Matba | Y---Matugas | |
| X---Mendoza | D---Mercado--(N/A) | |
| Y---Momo | Y---Natividad-Nagaño | |
| X---Nava | Y---Nieto | |
| Y---Noel | X---Nograles (J.J.) | |
| Y---Nograles (J.F.F.) | Y---Nolasco | |
| Y---Nuñez-Malanyaon | Y---Oaminal | |
| X---Olivarez | Y---Ong (J.) | |
| X---Ong (R.) | D---Ordanes--(N/A) | |
| Y---Ortega | Y---Ouano-Dizon | |
| X---Pacquiao (A.) | Y---Pacquiao (R.) | |
| Y---Padiernos | Y---Paduano | |
| Y---Palma | Y---Pancho | |
| Y---Panotes | Y---Peña | |
| Y---Pichay | Y---Pimentel | |
| Y---Pineda | Y---Plaza | |
| Y---Puno | Y---Quimbo | |
| X---Radaza | X---Ramirez-Sato | |
| Y---Ramos | Y---Remulla | |
| Y---Revilla | Y---Reyes | |
| Y---Rivera | Y---Robes | |
| X---Rodriguez | X---Roman | |
| Y---Romero | Y---Romualdez (F.M.) | |
| Y---Romualdez (Y.M.) | Y---Romualdo | |
| X---Romulo | Y---Roque | |
| Y---Sacdalan | Y---Sagarbarria | |
| B---Sakaluran--(Absent) | X---Salceda | |
| X---Salimbangon | Y---Salo | |
| Y---Salvador-Tambunting | Y---Sanchez | |
| A---Sangcopan | X---Santos-Recto | |
| Y---Sarmiento | X---Saulog | |
| Y---Savellano | Y---Siao | |
| Y---Silverio | A---Singson | |
| Y---Singson-Meehan | Y---Sinsuat | |
| Y---Suansing (E.) | Y---Suansing (H.) | |
| X---Suarez (A.) | Y---Suarez (D.) | |
| Y---Suntay | Y---Sy-Alvarado | |
| Y---Taduran | Y---Tallado | |
| X---Tan (A.S.) | Y---Tan (A.) | |
| X---Tan (S.) | Y---Tan (S.A.) | |
| X---Tan-Tambut | X---Tejada | |
| A---Teves (A.) | Y---Teves (J.) | |
| X---Tiangco | Y---Tolentino | |
| Y---Tulfo | X---Tupas | |
| X---Tutor | D---Ty (A.)--(N/A) | |
| Y---Ty (D.) | Y---Umali (A.) | |
| Y---Umali (M.V.) | Y---Unabia | |
| Y---Ungab | X---Uy (J.) | |
| Y---Uy (R.) | Y---Valeriano | |
| Y---Valmayor | Y---Vargas | |
| X---Velasco | X---Veloso | |
| Y---Vergara | Y---Villa | |
| Y---Villafuerte | Y---Villanueva (E.) | |
| Y---Villanueva (N.) | X---Villar | |
| Y---Villaraza-Suarez | Y---Villarica | |
| Y---Violago | X---Yap (E.) | |
| Y---Yap (V.) | X---Yu | |
| X---Zamora (R.) | Y---Zamora (W.K.) | |
| N---Zarate | Y---Zubiri | |
| DATE TRANSMITTED TO THE SENATE: 2019-09-16 | ||
| ACTIONS TAKEN BY THE SENATE/HOUSE | ||
| DATE RECEIVED BY THE SENATE: 2019-09-16 | ||
| CONFERENCE COMMITTEE INFORMATION | ||
| DATE REQUESTED TO FORM A CONFERENCE COMMITTEE : 2020-11-26 | ||
| CONFERENCE COMMITTEEE REQUESTED BY : SENATE | ||
| DATE CC REQUEST RECEIVED BY THE HOUSE : 2020-12-03 | ||
| DATE CC REQUEST RECEIVED BY THE SENATE : 2020-12-15 | ||
| DATE AGREED TO FORM A CONFERENCE COMMITTEE : 2020-12-14 | ||
| REMARKS : Enacted into law with vetoed provisions | ||
| CONCOM MEMBERS(HOUSE) : Singson-Meehan, Salceda, Tiangco, Garin (S.), Garcia (J.E.), Romualdo, Vergara, Quimbo | ||
| CONCOM MEMBERS(SENATE) : Cayetano, Recto, Drilon, Zubiri, Gatchalian | ||
| DATE HOUSE RATIFIED CONCOM REPORT : 2021-02-03 | ||
| DATE CC MESSAGE RECEIVED BY THE SENATE : 2021-02-04 | ||
| DATE SENATE APPROVED CONCOM REPORT : 2021-02-03 | ||
| DATE CC MESSAGE RECEIVED BY THE HOUSE : 2021-02-09 | ||
| ACTIONS TAKEN BY THE PRESIDENT | ||
| DATE TRANSMITTED TO THE PRESIDENT : 2021-02-24 | ||
| DATE ACTED UPON BY THE PRESIDENT : 2021-03-26 | ||
| PRESIDENTIAL ACTION:(A)PPROVED/(V)ETOED/(L)APSED : A | ||
| REPUBLIC ACT NO.: RA11534 | ||
| REPUBLIC ACT TITLE: AN ACT REFORMING THE CORPORATE INCOME TAX AND INCENTIVES SYSTEM, AMENDING FOR THE PURPOSE SECTIONS 20, 22, 25, 27, 28, 29, 34, 40, 57, 109, 116, 204 AND 290 OF THE NATIONAL INTERNAL REVENUE CODE OF 1997, AS AMENDED, AND CREATING THEREIN NEW TITLE XIII, AND FOR OTHER PURPOSES |
Senate Legislative History
Entitled: AN ACT AMENDING SECTIONS 4, 5, 20, 22, 27, 28, 34, 40, 50, 73, 112, 117, 204, 222, 237, 237-A, 255, 256, 257, 258, 261, 263, 264, 266, 275, 290, 291, 292 AND ADDING NEW SECTIONS 6-A, 282-A, 293, 294, 294-A, 295, 296, 297, 298, 299, 300, 301, 302, 303, 304, 305, 306, 307, 308, 309, 310, 311, 312, 313, 314. 315, AND 316, ALL UNDER THE NATIONAL INTERNAL REVENUE CODE OF 1997, AS AMENDED, AND FOR OTHER PURPOSES [ FIRST REGULAR SESSION, 18TH CONGRESS ] [ 2019 ] Introduced by Representatives HORACIO JR. P. SUANSING, ESTRELLITA B. SUANSING, JOEY SARTE SALCEDA, KRISTINE SINGSON-MEEHAN et al.; Approved on Third Reading by the House of Representatives on September 13, 2019; 9/16/2019 Sent to the Senate requesting for concurrence; 9/17/2019 Read on First Reading and Referred to the Committee on WAYS AND MEANS; [ 2020 ] 2/17/2020 Returned by the Committee on WAYS AND MEANS per Committee Report No. 50, recommending that it be considered in SBN-1357; 2/18/2020 Committee Report Calendared for Ordinary Business; 2/18/2020 CONSIDERED IN SBN-1357 UNDER COMMITTEE REPORT NO. 50. [ SECOND REGULAR SESSION ] 11/26/2020 Senate designated Senators PIA S. CAYETANO, RALPH G. RECTO and FRANKLIN M. DRILON as conferees to the Bicameral Conference Committee on the disagreeing provisions of SBN-1357 and HBN-4157; 12/15/2020 House of Representatives designated Representatives Singson-Meehan, Salceda, Tiangco, Garin, Garcia III, Romualdo, Quimbo and Vergara as its conferees to the Bicameral Conference Committee on the disagreeing provisions of SBN-1357 and HBN-4157 on December 14, 2020; 1/19/2021 Senators Zubiri and Gatchalian were designated as additional conferees; [ 2021 ] 2/3/2021 Conference Committee Report on the disagreeing provisions of SBN-1357 and HBN-4157, submitted to the Senate, recommending that HBN-4157, in consolidation with SBN-1357, be approved with the attached copy of the bill as reconciled and approved by the conferees; 2/3/2021 Sponsorship speech of Senator PIA S. CAYETANO on the conference committee report; 2/3/2021 Conference Committee Report Approved by the Senate; 2/8/2021 Conference Committee Report Approved by the House of Representatives on February 3, 2021; 2/22/2021 Letter from Secretary General Mark Llandro L. Mendoza, transmitting nine (9) enrolled copies of the consolidated version of HBN-4157 and SBN-1357, for the signature of Senate Secretary Atty. Myra Marie D. Villarica and Senate President Vicente C. Sotto III; 2/23/2021 Letter for Speaker Lord Allan Jay Q. Velasco, returning eight (8) enrolled copies of consolidated version of HBN-4157 and SBN-1357, which were signed by Senate Secretary Atty. Myra Marie D. Villarica and Senate President Vicente C. Sotto III; 5/17/2021 Approved and signed into law, in consolidation with SBN-1357, by the President of the Philippines, His Excellency, President Rodrigo Roa Duterte on March 26, 2021 and became 5/17/2021 REPUBLIC ACT NO. 11534.
Abstract
Seeks to encourage investment by reducing the corporate income tax (CIT) rate from 30% to 20%; ensure that the grant of fiscal incentives helps bring in the greatest benefits, such as higher and more dispersed investments, more jobs, and better technology; ensure fairness and transparency in the grant of fiscal incentives; and enhance the accountability of taxpayers through more efficient tax administration. (CITIRA)
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Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.