Bill Type
Short Title
NATIONAL INTERNAL REVENUE CODE (SECS. 11 AND 13, R.A. NO. 8407 AND SECS. 8 AND 10, R.A. NO. 7953)
Text as Filed (File)
Third Reading Copy link (HRep)
Scope
Legislative Status
Legislative Status Date
Session Sequence No.
20
Session Type
Document Certification
All Information (Senate Website)
Legislative History (Senate Website)
Committee Referral (Senate Website)
Senate Legis Intranet Link
Legislative History
| House Bill/Resolution NO. HB06431 | |
| FULL TITLE : AN ACT RATIONALIZING THE TAX ON WINNINGS AND DOCUMENTARY STAMP TAX ON HORSE RACING, AMENDING FOR THE PURPOSE SECTIONS 126 AND 190 OF THE NATIONAL INTERNAL REVENUE CODE OF 1997, AS AMENDED, SECTIONS 11 AND 13 OF REPUBLIC ACT NO. 8407 AND SECTIONS 8 AND 10 OF REPUBLIC ACT NO. 7953 | |
| SHORT TITLE : Rationalizing The Tax On Winnings And Documentary Stamp Tax On Horse Racing | |
| ABSTRACT : Seeks to stabilize the country's horseracing industry and to raise more revenues for the government through rationalization of the taxes currently imposed on horseracing. | |
| PRINCIPAL AUTHOR/S : MITRA, ABRAHAM KAHLIL B. | |
| DATE FILED : 2009-05-27 | |
| SIGNIFICANCE: NATIONAL | |
| CO-AUTHORS : | |
| 1. Javier | 2. Bagatsing |
| 3. Lapus | 4. Aggabao |
| CO-AUTHORS (Journal Entries) : | |
| 1. Codilla (080 ) | |
| AUTHORS(Final/Third Reading) : | |
| 1. Chatto | 2. Gonzales (N.) |
| 3. De Guzman | |
| ACTIONS TAKEN BY THE COMMITTEE | |
| COMMITEE HEARINGS/ACTIONS: | |
| 1. Committee Report filed on 2009-05-27 | |
| COMMITTEE REPORT NO. 02065 | |
| SUBMITTED ON 2009-05-27 | |
| SUBMITTED BY: WAYS AND MEANS, GAMES AND AMUSEMENTS | |
| RECOMMENDATIONS: approval | |
| SUBSTITUTED BILLS: HB04176 | |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON RULES ON 2009-05-28 | |
| DATE INCLUDED IN OB: 2009-05-28 | |
| DATE CALENDARED : 2009-05-29 | |
| SECOND READING INFORMATION | |
| FINAL LIST OF AUTHORS : Chatto, Gonzales (N.), De Guzman | |
| DATE APPROVED ON SECOND READING : 2009-08-24 | |
| REMARKS : On Aug. 24, 2009, the Body approved to consider the Explanatory Note of the bill as the sponsorship remarks on the measure; terminated the period of sponsorship and debate; terminated the period of amendments and approved the same on Second Reading. | |
| THIRD READING INFORMATION | |
| DATE COPY DISTRIBUTED TO MEMBERS: 2009-09-01 | |
| DATE APPROVED BY THE HOUSE ON THIRD READING :2009-09-08 | |
| HOUSE VOTES: YEAS:165 NAYS:0 ABSTAIN:.0 | |
| DATE TRANSMITTED TO THE SENATE: 2009-09-15 | |
| ACTIONS TAKEN BY THE SENATE/HOUSE | |
| DATE RECEIVED BY THE SENATE: 2009-09-15 | |
| REMARKS : |
Abstract
Seeks to stabilize the country's horseracing industry and to raise more revenues for the government through rationalization of the taxes currently imposed on horseracing.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.