Bill Type
Congress Name
Long Title
AN ACT GRANTING INCENTIVES TO THE SHIPBUILDING AND SHIP REPAIR INDUSTRY AND FOR OTHER PURPOSES
Date filed
January 15, 2002
Scope
Urgent Bill
No
Legislative History
House Bill/Resolution NO. House Bill No. 4212, 12th Congress of the Republic |
FULL TITLE : AN ACT GRANTING INCENTIVES TO THE SHIPBUILDING AND SHIP REPAIR INDUSTRY AND FOR OTHER PURPOSES |
ABSTRACT : "Shipbuilding and Ship Repair Industry Incentives Act of 2002". This proposed measure seeks to grant the following incentives to shipbuilding and ship repair yards: (1) Exemption from import duties and taxes; and (2) Exemption from the Value-Added Tax. Penalties for violation of this Act are likewise provided. |
PRINCIPAL AUTHOR/S : SYJUCO, AUGUSTO JR. L |
DATE FILED : 2002-01-15 |
SIGNIFICANCE: NATIONAL |
ADMINISTRATION BILL? No |
URGENT BILL? No |
ACTIONS TAKEN BY THE COMMITTEE ON RULES |
REFERRAL TO THE COMMITTEE ON WAYS AND MEANS ON 2002-01-22 |
Abstract
"Shipbuilding and Ship Repair Industry Incentives Act of 2002". This proposed measure seeks to grant the following incentives to shipbuilding and ship repair yards: (1) Exemption from import duties and taxes; and (2) Exemption from the Value-Added Tax. Penalties for violation of this Act are likewise provided.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.