Bill Type
Long Title
AN ACT TO REQUIRE ALL BUILDING OWNERS TO INSTALL, OPERATE AND MAINTAIN SECURITY CAMERA SYSTEM IN ALL ENCLOSED PARKING SPACES PROVIDING FOR PENALTIES FOR VIOLATIONS THEREOF AND FOR OTHER PURPOSES
Congress Author
Date filed
April 19, 2005
Scope

Legislative History

House Bill/Resolution NO. HB04197
FULL TITLE : AN ACT TO REQUIRE ALL BUILDING OWNERS TO INSTALL, OPERATE AND MAINTAIN SECURITY CAMERA SYSTEM IN ALL ENCLOSED PARKING SPACES PROVIDING FOR PENALTIES FOR VIOLATIONS THEREOF AND FOR OTHER PURPOSES
SHORT TITLE : Mandatory Installation of Security Cameras System in all Enclosed Parking Spaces of Buildings by their Respective Owners Law
ABSTRACT : "Mandatory Installation of Security Cameras System in all Enclosed Parking Spaces of Buildings by their Respective Owners Law". The bill exempts from the value-added tax all contracts of sale for the purchase or rental of security cameras and other equipment. It allows the purchase of security cameras and other equipment to be treated as "Ordinary and Necessary Expenses".
PRINCIPAL AUTHOR/S : BACANI, RODOLFO C.
DATE FILED : 2005-04-19
SIGNIFICANCE: NATIONAL
CO-AUTHORS (Journal Entries) :
1. Codilla (063 )
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON LOCAL GOVERNMENT ON 2005-04-26

Abstract

"Mandatory Installation of Security Cameras System in all Enclosed Parking Spaces of Buildings by their Respective Owners Law". The bill exempts from the value-added tax all contracts of sale for the purchase or rental of security cameras and other equipment. It allows the purchase of security cameras and other equipment to be treated as "Ordinary and Necessary Expenses".'

Disclaimer

Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.