Bill Type
Congress Name
Long Title
AN ACT REDUCING THE FINAL TAX ON ROYALTIES RECEIVED BY LOCAL BOOK AUTHORS FROM THE PRESENT TWENTY PERCENT (20%) TO TEN PERCENT (10%), AMENDING FOR THE PURPOSE SUBPARAGRAPH (1), PARAGRAPH (C), SECTION 21 OF THE NATIONAL INTERNAL REVENUE CODE, AS AMENDED, AND FOR OTHER PURPOSES
Date filed
July 10, 1998
Scope
Urgent Bill
No
Legislative History
| House Bill/Resolution NO. HB00902 | |
| FULL TITLE : AN ACT REDUCING THE FINAL TAX ON ROYALTIES RECEIVED BY LOCAL BOOK AUTHORS FROM THE PRESENT TWENTY PERCENT (20%) TO TEN PERCENT (10%), AMENDING FOR THE PURPOSE SUBPARAGRAPH (1), PARAGRAPH (C), SECTION 21 OF THE NATIONAL INTERNAL REVENUE CODE, AS AMENDED, AND FOR OTHER PURPOSES | |
| ABSTRACT : Would encourage present and future writers to write books, thus ensuring the flourishing of the book publishing industry. | |
| PRINCIPAL AUTHOR/S : CERILLES, AURORA E. | |
| DATE FILED : 1998-07-10 | |
| SIGNIFICANCE: NATIONAL | |
| CO-AUTHORS : | |
| 1. | 2. |
| ADMINISTRATION BILL? No | |
| URGENT BILL? No | |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON WAYS AND MEANS ON 1998-07-30 |
Abstract
Would encourage present and future writers to write books, thus ensuring the flourishing of the book publishing industry.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.