Bill Type
Congress Name
Long Title
AN ACT AMENDING SECTIONS 284 AND 285 OF REPUBLIC ACT 7160 OTHERWISE KNOWN AS THE LOCAL GOVERNMENT CODE OF 1991
Date filed
August 6, 2008
Scope
Legislative History
| House Bill/Resolution NO. HB04920 |
| FULL TITLE : AN ACT AMENDING SECTIONS 284 AND 285 OF REPUBLIC ACT 7160 OTHERWISE KNOWN AS THE LOCAL GOVERNMENT CODE OF 1991 |
| ABSTRACT : Proposes to increase the share of local government units (LGUs) in the national revenue taxes from 40% to 50%. Also seeks to amend the percentage allocation formula for LGUs by increasing the equal sharing percentage from 25% to 35% and decreasing the land area percentage from 25% to 15%. |
| PRINCIPAL AUTHOR/S : NAVA, JOAQUIN CARLOS RAHMAN A. |
| DATE FILED : 2008-08-06 |
| SIGNIFICANCE: NATIONAL |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON LOCAL GOVERNMENT ON 2008-08-12 |
Abstract
Proposes to increase the share of local government units (LGUs) in the national revenue taxes from 40% to 50%. Also seeks to amend the percentage allocation formula for LGUs by increasing the equal sharing percentage from 25% to 35% and decreasing the land area percentage from 25% to 15%.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.