Bill Type
Congress Name
Long Title
AN ACT EXEMPTING THE SALE OR IMPORTATION OF PETROLEUM PRODUCTS FOR POWER BARGES BEING UTILIZED TO ADDRESS THE POWER CRISIS IN MINDANAO AND THE ELECTRICITY GENERATED THEREFROM, FROM THE EXPANDED VALUE ADDED TAX, AMENDING FOR THIS PURPOSE REPUBLIC ACT NUMBERED EIGHTY FOUR TWENTY FOUR, OTHERWISE KNOWN AS THE TAX REFORM ACT OF 1997, AS AMENDED, AND FOR OTHER PURPOSES
Text as filed (link)
Date filed
July 1, 2013
Scope
Legislative History
| House Bill/Resolution NO. HB00507 |
| FULL TITLE : AN ACT EXEMPTING THE SALE OR IMPORTATION OF PETROLEUM PRODUCTS FOR POWER BARGES BEING UTILIZED TO ADDRESS THE POWER CRISIS IN MINDANAO AND THE ELECTRICITY GENERATED THEREFROM, FROM THE EXPANDED VALUE ADDED TAX, AMENDING FOR THIS PURPOSE REPUBLIC ACT NUMBERED EIGHTY FOUR TWENTY FOUR, OTHERWISE KNOWN AS THE TAX REFORM ACT OF 1997, AS AMENDED, AND FOR OTHER PURPOSES |
| ABSTRACT : Proposes to exempt the sale and importation of petroleum products for the power barges which shall be utilized to address the power crisis in Mindanao and the sale of electricity therefrom, from the expanded value added tax (EVAT). |
| PRINCIPAL AUTHOR/S : BIAZON, RODOLFO G. |
| DATE FILED : 2013-07-01 |
| SIGNIFICANCE: NATIONAL |
| NATURE : Economic |
| CO-AUTHORS (Journal Entries) : |
| 1. Del Rosario (A.G.) (025 2013-11-18) |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON WAYS AND MEANS ON 2013-07-24 |
Abstract
Proposes to exempt the sale and importation of petroleum products for the power barges which shall be utilized to address the power crisis in Mindanao and the sale of electricity therefrom, from the expanded value added tax (EVAT).
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.