Bill Type
Congress Name
Long Title
AN ACT INSTITUTING REFORMS IN THE REAL PROPERTY VALUATION AND ASSESSMENT PRACTICES IN THE PHILIPPINES AND FOR OTHER PURPOSES
Date filed
December 17, 2009
Scope
Urgent Bill
Yes
Legislative History
| House Bill/Resolution NO. HB07094 | |
| FULL TITLE : AN ACT INSTITUTING REFORMS IN THE REAL PROPERTY VALUATION AND ASSESSMENT PRACTICES IN THE PHILIPPINES AND FOR OTHER PURPOSES | |
| SHORT TITLE : Real Property Valuation Reform Act Of 2009 | |
| ABSTRACT : "Real Property Valuation Reform Act Of 2009." Seeks to remove confusion and provide reliable basis for the assessment of real property taxes, reduce costs of duplication through a single valuation base, and a single appraisal agency, and; establish an efficient and equitable utilization and allocation of land market in the Philippines that shall contribute to the country's economic growth, provide opportunities to the poor and encourage the optimal management and use of land resources. | |
| PRINCIPAL AUTHOR/S : VINZONS-CHATO, LIWAYWAY | |
| DATE FILED : 2009-12-17 | |
| SIGNIFICANCE: NATIONAL | |
| CO-AUTHORS : | |
| 1. Angara | 2. Zialcita |
| 3. Fabian | 4. Cua (J.) |
| CO-AUTHORS (Journal Entries) : | |
| 1. Villarosa (036 ) | |
| DATE CERTIFIED AS URGENT:2010-01-29 | |
| URGENT BILL? Yes | |
| DATE CERTIFIED AS URGENT:2010-01-29 | |
| COUNTERPART HOUSE BILL/CONCURRENT RESOLUTION: SB03519 | |
| URGENT SENATE BILL? Yes | |
| DATE CERTIFIED AS URGENT HOUSE BILL: 2010-01-29 | |
| ACTIONS TAKEN BY THE COMMITTEE | |
| COMMITTEE REPORT NO. 02571 | |
| SUBMITTED ON 2009-12-17 | |
| SUBMITTED BY: GOVERNMENT REORGANIZATION, APPROPRIATIONS | |
| RECOMMENDATIONS: approval | |
| SUBSTITUTED BILLS: HB00154, HB00426, HB02452 | |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON RULES ON 2009-12-18 | |
| DATE INCLUDED IN OB: 2009-12-18 | |
| DATE CALENDARED : 2010-01-19 | |
| SECOND READING INFORMATION | |
| PERIOD OF COMMITTEE AMENDMENTS : 2010-01-20 | |
| PERIOD OF INDIVIDUAL AMENDMENTS : 2010-01-20, 2010-01-26 | |
| AMENDED BY : Garcia (P.), Antonino-Custodio, Lagman | |
| DATE APPROVED ON SECOND READING : 2010-01-19 | |
| RECOMMITTED/RECONSIDERED : RECONSIDERED | |
| DATE RECONSIDERED : 2010-01-19 | |
| REASONS : to give time for the Members to interpellate the sponsor. | |
| REMARKS : On Jan. 19, 2010, 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. On the same date, on motion of Rep. Cerilles, citing that he intends to interpellate the sponsor of the bill, the same was reconsidered. However, upon his discussion with the sponsor of the bill, the motion for reconsideration was withdrawn and subsequently, the bill was approved on Second Reading. At the later time, on motion of Rep. Velarde, the same was again reconsidered to give chance for other Members to interpellate the sponsor. |
Abstract
"Real Property Valuation Reform Act Of 2009." Seeks to remove confusion and provide reliable basis for the assessment of real property taxes, reduce costs of duplication through a single valuation base, and a single appraisal agency, and; establish an efficient and equitable utilization and allocation of land market in the Philippines that shall contribute to the country's economic growth, provide opportunities to the poor and encourage the optimal management and use of land resources.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.