Bill Type
Congress Name
Long Title
AN ACT PROVIDING FOR THE QUALIFIED EXEMPTION OF BASIC ALL-PURPOSE UTILITY VEHICLES FROM EXCISE TAXES OR AD VALOREM TAXES PROVIDED BY LAW
Date filed
October 3, 2002
Scope
Urgent Bill
No
Legislative History
| House Bill/Resolution NO. House Bill No. 5282, 12th Congress of the Republic |
| FULL TITLE : AN ACT PROVIDING FOR THE QUALIFIED EXEMPTION OF BASIC ALL-PURPOSE UTILITY VEHICLES FROM EXCISE TAXES OR AD VALOREM TAXES PROVIDED BY LAW |
| ABSTRACT : This bill provides that any four-wheeled motor vehicle, with a wholesale price or cost of production and distribution not higher than Seven Hundred Ninety-Nine Thousand Pesos (P799,000.00) and with a seating capacity of ten persons, shall be considered as BASIC ALL-PURPOSE UTILITY VEHICLE which shall enjoy exemption from excise taxes or ad valorem taxes provided by law. |
| PRINCIPAL AUTHOR/S : SYJUCO, AUGUSTO JR. L |
| DATE FILED : 2002-10-03 |
| SIGNIFICANCE: NATIONAL |
| CO-AUTHORS (Journal Entries) : |
| 1. Calalay (024 ) |
| ADMINISTRATION BILL? No |
| URGENT BILL? No |
| ACTIONS TAKEN BY THE COMMITTEE |
| MOTHER BILL: House Bill No. 5719, 12th Congress of the Republic |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON WAYS AND MEANS ON 2002-10-08 |
Abstract
This bill provides that any four-wheeled motor vehicle, with a wholesale price or cost of production and distribution not higher than Seven Hundred Ninety-Nine Thousand Pesos (P799,000.00) and with a seating capacity of ten persons, shall be considered as BASIC ALL-PURPOSE UTILITY VEHICLE which shall enjoy exemption from excise taxes or ad valorem taxes provided by law.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.