Bill Type
Long Title
AN ACT EXEMPTING FROM DOCUMENTARY STAMP TAX ANY SALE, BARTER OR EXCHANGE OF SHARES OF STOCK LISTED AND TRADED THROUGH THE STOCK EXCHANGE, FURTHER AMENDING FOR THE PURPOSE SECTION 199 OF THE NATIONAL INTERNAL REVENUE CODE OF 1997, AS AMENDED BY REPUBLIC ACT NO. 9243, AND FOR OTHER PURPOSES
Congress Author
Date filed
August 4, 2008
Scope

Legislative History

House Bill/Resolution NO. HB04900
REPUBLIC ACT NO. RA09648
FULL TITLE : AN ACT EXEMPTING FROM DOCUMENTARY STAMP TAX ANY SALE, BARTER OR EXCHANGE OF SHARES OF STOCK LISTED AND TRADED THROUGH THE STOCK EXCHANGE, FURTHER AMENDING FOR THE PURPOSE SECTION 199 OF THE NATIONAL INTERNAL REVENUE CODE OF 1997, AS AMENDED BY REPUBLIC ACT NO. 9243, AND FOR OTHER PURPOSES
SHORT TITLE : Exempting From Documentary Stamp Tax Any Sale, Barter Or Exchange Of Shares Of Stock Listed And Traded Through The Stock Exchange
ABSTRACT : Seeks to enhance the development of the capital market by exempting from the documentary stamp tax the sale, barter or exchange of shares of stock listed and traded through the local stock exchange.
PRINCIPAL AUTHOR/S : ANGARA, JUAN EDGARDO M.
DATE FILED : 2008-08-04
SIGNIFICANCE: NATIONAL
CO-AUTHORS :
1. Javier
CO-AUTHORS (Journal Entries) :
1. Chatto (051 ) 2. Daza (P.) (052 )
3. Teodoro (052 ) 4. Villarosa (058 )
AUTHORS(Final/Third Reading) :
1. Gonzales (N.) 2. De Guzman
3. Agbayani 4. Velarde
5. Romulo
COUNTERPART HOUSE BILL/CONCURRENT RESOLUTION: SB03203
ACTIONS TAKEN BY THE COMMITTEE
COMMITEE HEARINGS/ACTIONS:
      1. Scheduled for first meeting/hearing on 2008-12-09
      2. Approved by the Committee on 2009-01-20
      3. Committee Report filed on 2009-01-28
COMMITTEE REPORT NO. 01734
SUBMITTED ON 2009-01-28
SUBMITTED BY: WAYS AND MEANS
RECOMMENDATIONS: approval
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON WAYS AND MEANS ON 2008-08-11
DATE INCLUDED IN OB: 2009-02-02
DATE CALENDARED : 2009-02-11
SECOND READING INFORMATION
PERIOD OF SPONSORSHIP : 2009-02-24
PERIOD OF COMMITTEE AMENDMENTS : 2009-03-03
FINAL LIST OF AUTHORS : Gonzales (N.), De Guzman, Agbayani, Velarde, Romulo
DATE APPROVED ON SECOND READING : 2009-03-03
REMARKS : The Body approved to insert into the Record of the House the sponsorship remarks of Rep. Javier on the measure.
THIRD READING INFORMATION
DATE COPY DISTRIBUTED TO MEMBERS: 2009-03-03
DATE APPROVED BY THE HOUSE ON THIRD READING :2009-04-13
HOUSE VOTES:    YEAS:169     NAYS:0    ABSTAIN:.0
DATE TRANSMITTED TO THE SENATE:  2009-04-16
ACTIONS TAKEN BY THE SENATE/HOUSE
DATE RECEIVED BY THE SENATE:  2009-04-16
DATE HOUSE AGREED TO THE SENATE AMENDMENTS:  2009-05-26
REMARKS : 
ACTIONS TAKEN BY THE PRESIDENT
DATE TRANSMITTED TO THE PRESIDENT : 2009-06-17
DATE ACTED UPON BY THE PRESIDENT : 2009-06-30
PRESIDENTIAL ACTION:(A)PPROVED/(V)ETOED/(L)APSED : A
REPUBLIC ACT NO.: RA09648
ORIGIN : HOUSE
REPUBLIC ACT TITLE: AN ACT EXEMPTING FROM DOCUMENTARY STAMP TAX ANY SALE, BARTER OR EXCHANGE OF SHARES OF STOCK LISTED AND TRADED THROUGH THE STOCK EXCHANGE, FURTHER AMENDING FOR THE PURPOSE SECTION 199 OF THE NATIONAL INTERNAL REVENUE CODE OF 1997, AS AMENDED BY REPUBLIC ACT NO. 9243, AND FOR OTHER PURPOSES

Abstract

Seeks to enhance the development of the capital market by exempting from the documentary stamp tax the sale, barter or exchange of shares of stock listed and traded through the local stock exchange.

President's Action

Approved by the President
Disclaimer

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