Bill Type
Congress Name
Long Title
AN ACT GRANTING TAX EXEMPTION FOR RURAL ELECTRIC COOPERATIVES REGISTERED UNDER PRESIDENTIAL DECREE NUMBERED SEVEN HUNDRED AND SIXTY-NINE, AMENDING FOR THE PURPOSE THE LOCAL GOVERNMENT CODE OF 1991
Date filed
December 4, 1998
Scope
Urgent Bill
No
Legislative History
| House Bill/Resolution NO. HB05878 | |
| FULL TITLE : AN ACT GRANTING TAX EXEMPTION FOR RURAL ELECTRIC COOPERATIVES REGISTERED UNDER PRESIDENTIAL DECREE NUMBERED SEVEN HUNDRED AND SIXTY-NINE, AMENDING FOR THE PURPOSE THE LOCAL GOVERNMENT CODE OF 1991 | |
| ABSTRACT : Rural electric cooperatives are in a more urgent need for financial assistance. Electric power is a very vital and basic necessity. Exempting these cooperatives from taxation will uplift the economic condition of our people and improve the quality of life for all. | |
| PRINCIPAL AUTHOR/S : BANAAG, LEOVIGILDO B. | |
| DATE FILED : 1998-12-04 | |
| SIGNIFICANCE: NATIONAL | |
| CO-AUTHORS : | |
| 1. | 2. |
| 3. | |
| ADMINISTRATION BILL? No | |
| URGENT BILL? No | |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON LOCAL GOVERNMENT ON 1998-12-14 | |
| SECONDARILY REFERRED TO THE COMMITTEE(S) ON WAYS AND MEANS |
Abstract
Rural electric cooperatives are in a more urgent need for financial assistance. Electric power is a very vital and basic necessity. Exempting these cooperatives from taxation will uplift the economic condition of our people and improve the quality of life for all.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.