Bill Type
Long Title
AN ACT PROVIDING ADDITIONAL INCENTIVES TO SELLERS OF REAL ESTATE PROPERTIES, THE SUBJECT MATTER OF THE COMMUNITY MORTGAGE PROGRAM OF THE NATIONAL GOVERNMENT AND FOR OTHER PURPOSES
Congress Author
Date filed
April 22, 2002
Scope
Urgent Bill
No

Legislative History

House Bill/Resolution NO. House Bill No. 4682, 12th Congress of the Republic
FULL TITLE : AN ACT PROVIDING ADDITIONAL INCENTIVES TO SELLERS OF REAL ESTATE PROPERTIES, THE SUBJECT MATTER OF THE COMMUNITY MORTGAGE PROGRAM OF THE NATIONAL GOVERNMENT AND FOR OTHER PURPOSES
ABSTRACT : All real estate properties acquired under the Community Mortgage Program by any of the Government Housing Agencies or the Local Government Units shall be exempt from the payment of Documentary Stamp Tax and Transfer Tax.
PRINCIPAL AUTHOR/S : PUENTEBELLA, MONICO O.
DATE FILED : 2002-04-22
SIGNIFICANCE: NATIONAL
CO-AUTHORS (Journal Entries) :
1. Ylagan (080 ) 2. Syjuco (023 )
ADMINISTRATION BILL? No
URGENT BILL? No
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON WAYS AND MEANS ON 2002-04-29

Abstract

All real estate properties acquired under the Community Mortgage Program by any of the Government Housing Agencies or the Local Government Units shall be exempt from the payment of Documentary Stamp Tax and Transfer Tax.

Disclaimer

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