Bill Type
Congress Name
Long Title
AN ACT AMENDING SECTION 15 OF REPUBLIC ACT NO. 7227, AS AMENDED, OTHERWISE KNOWN AS THE BASES CONVERSION AND DEVELOPMENT ACT OF 1992
Text as filed (link)
Date filed
July 1, 2019
Scope
Legislative History
| House Bill/Resolution NO. HB00063 |
| FULL TITLE : AN ACT AMENDING SECTION 15 OF REPUBLIC ACT NO. 7227, AS AMENDED, OTHERWISE KNOWN AS THE BASES CONVERSION AND DEVELOPMENT ACT OF 1992 |
| ABSTRACT : Aims to diffuse income opportunities that will serve as additional funding source for the development and promotion of the Clark Special Economic Zone (CSEZ).Proposes to amend the allocation of gross income on taxes earned within the CSEZ as follows: 1% will be remitted to the national government, 1% to be equally shared by the provincial governments of Pampanga and Tarlac, 1% to municipalities or cities, and 2% to the governing body of the CSEZ or the Clark Development Corporation. |
| PRINCIPAL AUTHOR/S : YAP, VICTOR A. |
| DATE FILED : 2019-07-01 |
| SIGNIFICANCE: NATIONAL |
| CO-AUTHORS (Journal Entries) : |
| 1. Espino (000 2019-12-05) |
| ACTIONS TAKEN BY THE COMMITTEE |
| MOTHER BILL: HB10241 |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON BASES CONVERSION ON 2019-07-23 |
Abstract
Aims to diffuse income opportunities that will serve as additional funding source for the development and promotion of the Clark Special Economic Zone (CSEZ).Proposes to amend the allocation of gross income on taxes earned within the CSEZ as follows: 1% will be remitted to the national government, 1% to be equally shared by the provincial governments of Pampanga and Tarlac, 1% to municipalities or cities, and 2% to the governing body of the CSEZ or the Clark Development Corporation.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.