Bill Type
Congress Name
Long Title
AN ACT GRANTING REAL PROPERTY AND TRANSFER TAX EXEMPTIONS TO REAL ESTATE DEVELOPERS, AMENDING FOR THIS PURPOSE SECTIONS 135 AND 234 OF THE LOCAL GOVERNMENT CODE OF 1991 AND FOR OTHER PURPOSES
Date filed
November 16, 2005
Scope
Legislative History
| House Bill/Resolution NO. HB04904 |
| FULL TITLE : AN ACT GRANTING REAL PROPERTY AND TRANSFER TAX EXEMPTIONS TO REAL ESTATE DEVELOPERS, AMENDING FOR THIS PURPOSE SECTIONS 135 AND 234 OF THE LOCAL GOVERNMENT CODE OF 1991 AND FOR OTHER PURPOSES |
| SHORT TITLE : "Act Amending Sections 135 and 234 of the Local Government Code of 1991" |
| ABSTRACT : “Act Amending Sections 135 and 234 of the Local Government Code of 1991”. The bill seeks to exempt real estate developers from the payment of real property and transfer taxes for donations of roads, alleys, sidewalks, open spaces for parks, playgrounds and recreation facilities as mandated under PD 957. |
| PRINCIPAL AUTHOR/S : ZIALCITA, EDUARDO C. |
| DATE FILED : 2005-11-16 |
| SIGNIFICANCE: NATIONAL |
| CO-AUTHORS (Journal Entries) : |
| 1. Codilla (032 ) |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON LOCAL GOVERNMENT ON 2005-11-22 |
Abstract
“Act Amending Sections 135 and 234 of the Local Government Code of 1991”. The bill seeks to exempt real estate developers from the payment of real property and transfer taxes for donations of roads, alleys, sidewalks, open spaces for parks, playgrounds and recreation facilities as mandated under PD 957.'
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.