Bill Type
Congress Name
Long Title
AN ACT EXEMPTING ANY PERSON WHO SELLS ANY REAL PROPERTY TO THE GOVERNMENT OR ANY OF ITS POLITICAL SUBDIVISIONS OR INSTRUMENTALITIES FROM THE PAYMENT OF CAPITAL GAINS TAX AND FOR OTHER PURPOSES
Date filed
July 2, 2007
Scope
Legislative History
| House Bill/Resolution NO. HB00620 | |
| FULL TITLE : AN ACT EXEMPTING ANY PERSON WHO SELLS ANY REAL PROPERTY TO THE GOVERNMENT OR ANY OF ITS POLITICAL SUBDIVISIONS OR INSTRUMENTALITIES FROM THE PAYMENT OF CAPITAL GAINS TAX AND FOR OTHER PURPOSES | |
| ABSTRACT : The measure aims to encourage private owners to sell their real properties to the government by exempting them from capital gains tax. | |
| PRINCIPAL AUTHOR/S : VIOLAGO, JOSEPH GILBERT F. | |
| DATE FILED : 2007-07-02 | |
| SIGNIFICANCE: NATIONAL | |
| CO-AUTHORS (Journal Entries) : | |
| 1. Almario (009 ) | 2. Chatto (030 ) |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON WAYS AND MEANS ON 2007-07-30 |
Abstract
The measure aims to encourage private owners to sell their real properties to the government by exempting them from capital gains tax.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.