Bill Type
Congress Name
Long Title
AN ACT AMENDING SECTIONS 290 AND 294 OF REPUBLIC ACT NO. 7160, OTHERWISE KNOWN AS THE LOCAL GOVERNMENT CODE OF 1991
Date filed
July 3, 1998
Scope
Urgent Bill
No
Legislative History
| House Bill/Resolution NO. HB00679 |
| FULL TITLE : AN ACT AMENDING SECTIONS 290 AND 294 OF REPUBLIC ACT NO. 7160, OTHERWISE KNOWN AS THE LOCAL GOVERNMENT CODE OF 1991 |
| ABSTRACT : Declares that the share of the national government in the co-production sharing in the utilization and development of the national wealth SHALL BE LIMITED to the THIRTY-FIVE PERCENT (35%) income tax collected. Will allow LGUs more revenues availablefor projects. |
| PRINCIPAL AUTHOR/S : SANDOVAL, VICENTE A. |
| DATE FILED : 1998-07-03 |
| SIGNIFICANCE: NATIONAL |
| ADMINISTRATION BILL? No |
| URGENT BILL? No |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON LOCAL GOVERNMENT ON 1998-07-29 |
Abstract
Declares that the share of the national government in the co-production sharing in the utilization and development of the national wealth SHALL BE LIMITED to the THIRTY-FIVE PERCENT (35%) income tax collected. Will allow LGUs more revenues availablefor projects.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.