Bill Type
Congress Name
Long Title
AN ACT AUTHORIZING THE CONDONATION OF PENALTIES ON DELINQUENT SOCIAL SECURITY CONTRIBUTIONS AND FOR OTHER PURPOSES
Date filed
October 10, 2002
Scope
Urgent Bill
No
Legislative History
| House Bill/Resolution NO. House Bill No. 5342, 12th Congress of the Republic |
| FULL TITLE : AN ACT AUTHORIZING THE CONDONATION OF PENALTIES ON DELINQUENT SOCIAL SECURITY CONTRIBUTIONS AND FOR OTHER PURPOSES |
| ABSTRACT : Any employer who is delinquent or has not remitted all contributions due and payable to Social Security System (SSS) may, without incurring the prescribed penalty: (a) Pay or remit all such delinquent contributions within a period of twelve (12) months from the effectivity of this Act; or (b) Submit in writing a proposal to pay installment such delinquent contribution within a period of six (6) months from the effectivity of this Act. > Provided: That the employer shall submit together with hisremittance or installment proposal the corresponding collection list. |
| PRINCIPAL AUTHOR/S : FLOIRENDO, ANTONIO JR. R. |
| DATE FILED : 2002-10-10 |
| SIGNIFICANCE: NATIONAL |
| CO-AUTHORS (Journal Entries) : |
| 1. Castelo-daza (049 ) |
| ADMINISTRATION BILL? No |
| URGENT BILL? No |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON GOVERNMENT ENTERPRISES AND PRIVATIZATION ON 2002-10-16 |
Abstract
Any employer who is delinquent or has not remitted all contributions due and payable to Social Security System (SSS) may, without incurring the prescribed penalty: (a) Pay or remit all such delinquent contributions within a period of twelve (12) months from the effectivity of this Act; or (b) Submit in writing a proposal to pay installment such delinquent contribution within a period of six (6) months from the effectivity of this Act. > Provided: That the employer shall submit together with hisremittance or installment proposal the corresponding collection list.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.