Bill Type
Congress Name
Long Title
AN ACT INCREASING THE SHARE OF LOCAL GOVERNMENT UNITS (LGUs) IN THE GROSS INCOME EARNED BY ALL BUSINESSES AND ENTERPRISES WITHIN THE SPECIAL ECONOMIC ZONE (ECOZONE) AMENDING FOR THE PURPOSE "THE SPECIAL ECONOMIC ZONE ACT OF 1995" AS AMENDED
Date filed
November 22, 2005
Scope
Legislative History
| House Bill/Resolution NO. HB04926 |
| FULL TITLE : AN ACT INCREASING THE SHARE OF LOCAL GOVERNMENT UNITS (LGUs) IN THE GROSS INCOME EARNED BY ALL BUSINESSES AND ENTERPRISES WITHIN THE SPECIAL ECONOMIC ZONE (ECOZONE) AMENDING FOR THE PURPOSE "THE SPECIAL ECONOMIC ZONE ACT OF 1995" AS AMENDED |
| ABSTRACT : The bill seeks to increase the share of local government units in the remittances to the national government by entities operating within economic zones from 1% to 2%. |
| PRINCIPAL AUTHOR/S : AGARAO, BENJAMIN JR. C. |
| DATE FILED : 2005-11-22 |
| SIGNIFICANCE: NATIONAL |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON LOCAL GOVERNMENT ON 2005-11-29 |
| SECONDARILY REFERRED TO THE COMMITTEE(S) ON ECONOMIC AFFAIRS, TRADE AND INDUSTRY |
Abstract
The bill seeks to increase the share of local government units in the remittances to the national government by entities operating within economic zones from 1% to 2%.'
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.