Bill Type
Congress Name
Long Title
AN ACT INCREASING THE SHARE OF LOCAL GOVERNMENT UNITS IN THE GROSS COLLECTION OF THE NATIONAL GOVERNMENT FROM TAXES ON THE UTILIZATION AND DEVELOPMENT OF THE NATIONAL RESOURCES AND RAISING THE PERCENTAGE SHARE OF LOCAL GOVERNMENT UNITS IN THE PROCEEDS THEREOF TO LOWER THE COST OF ELECTRICITY IN THE PROVINCE WHERE THE RESOURCES ARE LOCATED, AMENDING FOR THE PURPOSE THE LOCAL GOVERNMENT CODE OF 1991
Date filed
July 13, 1998
Scope
Urgent Bill
No
Legislative History
| House Bill/Resolution NO. HB00961 |
| FULL TITLE : AN ACT INCREASING THE SHARE OF LOCAL GOVERNMENT UNITS IN THE GROSS COLLECTION OF THE NATIONAL GOVERNMENT FROM TAXES ON THE UTILIZATION AND DEVELOPMENT OF THE NATIONAL RESOURCES AND RAISING THE PERCENTAGE SHARE OF LOCAL GOVERNMENT UNITS IN THE PROCEEDS THEREOF TO LOWER THE COST OF ELECTRICITY IN THE PROVINCE WHERE THE RESOURCES ARE LOCATED, AMENDING FOR THE PURPOSE THE LOCAL GOVERNMENT CODE OF 1991 |
| ABSTRACT : INCREASES the LGU share in the national government's collection from the utilization and development of the national wealth from [forty (40)] to FIFTY (50) PERCENT. Grants to RESIDENTIAL CONSUMERS ONLY the subsidy to the cost of electicity. |
| PRINCIPAL AUTHOR/S : APOSTOL, SERGIO ANTONIO F. |
| DATE FILED : 1998-07-13 |
| SIGNIFICANCE: NATIONAL |
| CO-AUTHORS : |
| 1. |
| ADMINISTRATION BILL? No |
| URGENT BILL? No |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON LOCAL GOVERNMENT ON 1998-07-30 |
| SECONDARILY REFERRED TO THE COMMITTEE(S) ON WAYS AND MEANS |
Abstract
INCREASES the LGU share in the national government's collection from the utilization and development of the national wealth from [forty (40)] to FIFTY (50) PERCENT. Grants to RESIDENTIAL CONSUMERS ONLY the subsidy to the cost of electicity.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.