Bill Type
Congress Name
Long Title
AN ACT GRANTING TAX INCENTIVES TO INDIVIDUAL PERSONS, WHO ARE SINGLE IN CIVIL STATUS AND CHILDLESS, OR WHO, WHILE MARRIED, HAVE REMAINED CHILDLESS OR HAVE OPTED TO ADOPT A CHILD AND FOR OTHER PURPOSES
Date filed
February 21, 2002
Scope
Urgent Bill
No
Legislative History
| House Bill/Resolution NO. House Bill No. 4441, 12th Congress of the Republic |
| FULL TITLE : AN ACT GRANTING TAX INCENTIVES TO INDIVIDUAL PERSONS, WHO ARE SINGLE IN CIVIL STATUS AND CHILDLESS, OR WHO, WHILE MARRIED, HAVE REMAINED CHILDLESS OR HAVE OPTED TO ADOPT A CHILD AND FOR OTHER PURPOSES |
| ABSTRACT : "The Population Control Tax Incentive Law of 2002". All salaries and wages of individual persons, who are single in civil status and childless, or who, while married, have remained childless, or have opted to adopt a child as a godly gesture of charity to the latter, shall be subject to taxation at a rate of not higher than five percent (5%) per annum only, while being employed in government and private establishments. |
| PRINCIPAL AUTHOR/S : ECLEO, GLENDA B. |
| DATE FILED : 2002-02-21 |
| SIGNIFICANCE: NATIONAL |
| ADMINISTRATION BILL? No |
| URGENT BILL? No |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON WAYS AND MEANS ON 2002-02-27 |
Abstract
"The Population Control Tax Incentive Law of 2002". All salaries and wages of individual persons, who are single in civil status and childless, or who, while married, have remained childless, or have opted to adopt a child as a godly gesture of charity to the latter, shall be subject to taxation at a rate of not higher than five percent (5%) per annum only, while being employed in government and private establishments.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.