Bill Type
Congress Name
Long Title
AN ACT GRANTING EXEMPTION FROM INCOME TAXES ON ALL FORMS OF MONEY CLAIMS AWARDED AS A RESULT OF A LABOR DISPUTE
Date filed
August 6, 2002
Scope
Urgent Bill
No
Legislative History
House Bill/Resolution NO. House Bill No. 5079, 12th Congress of the Republic | |
FULL TITLE : AN ACT GRANTING EXEMPTION FROM INCOME TAXES ON ALL FORMS OF MONEY CLAIMS AWARDED AS A RESULT OF A LABOR DISPUTE | |
ABSTRACT : Rationale: In situations where the employee is laid off because of a labor dispute or the employer commits an unfair labor practice, it is always the employee who is at a disadvantage position. During the lengthy process of litigation, the laborer has no work and no pay.> This bill, therefore, provides that all forms of money claims arising from employer-employ ee relations which had been awarded as a result of labor dispute shall be exempted from income tax. | |
PRINCIPAL AUTHOR/S : ESPINA, GERARDO S. | |
DATE FILED : 2002-08-06 | |
SIGNIFICANCE: NATIONAL | |
CO-AUTHORS (Journal Entries) : | |
1. Ylagan (010 ) | 2. Nieva (010 ) |
3. Uy (010 ) | 4. Umali (010 ) |
5. Calalay (010 ) | 6. Monfort (017 ) |
7. Del Mar (017 ) | 8. Chipeco (028 ) |
9. Syjuco (048 ) | |
ADMINISTRATION BILL? No | |
URGENT BILL? No | |
ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
REFERRAL TO THE COMMITTEE ON WAYS AND MEANS ON 2002-08-12 |
Abstract
Rationale: In situations where the employee is laid off because of a labor dispute or the employer commits an unfair labor practice, it is always the employee who is at a disadvantage position. During the lengthy process of litigation, the laborer has no work and no pay.> This bill, therefore, provides that all forms of money claims arising from employer-employ ee relations which had been awarded as a result of labor dispute shall be exempted from income tax.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.