Entitled:
AN ACT REFORMING THE CORPORATE INCOME TAX AND INCENTIVES SYSTEM, AMENDING FOR THE PURPOSE SECTIONS 4, 20, 27, 28, 34 AND 290 OF THE NATIONAL INTERNAL REVENUE CODE OF 1997, AS AMENDED, AND CREATING THEREIN NEW TITLE XIII, AND FOR OTHER PURPOSES
[ FIRST REGULAR SESSION, 18TH CONGRESS ]
[ 2020 ]
2/17/2020	Prepared and submitted by the Committee on WAYS AND MEANS with Senators JUAN MIGUEL "MIGZ" F. ZUBIRI, RALPH G. RECTO, SONNY ANGARA and PIA S. CAYETANO as authors per Committee Report No. 50, recommending its approval in substitution of SBNos. 535, 595 and 702, taking into consideration HBN-4157;
2/18/2020	Committee Report Calendared for Ordinary Business;
2/18/2020	Sponsor: Senator PIA S. CAYETANO;
2/19/2020	Transferred from the Calendar for Ordinary Business to the Calendar for Special Order;
2/19/2020	Sponsorship speech delivered by Senator PIA S. CAYETANO;
3/3/2020	Interpellation of Senator FRANCIS "TOL" N. TOLENTINO;
3/3/2020	Manifestation of Senator JUAN MIGUEL "MIGZ" F. ZUBIRI;
3/11/2020	Certified by the President of the Philippines for its IMMEDIATE enactment on 03/09/2020;
9/15/2020	Period of interpellation closed;
9/15/2020	Amended copy of SBN-1357 (amendment by substitution), as of September 15, 2020, were distributed on the floor as the new working draft;
9/15/2020	Period of interpellation re-opened;
9/23/2020	Interpellation of Senator RALPH G. RECTO;
9/28/2020	Interpellation of Senators CHRISTOPHER LAWRENCE T. GO, RALPH G. RECTO and AQUILINO "KOKO" III PIMENTEL;
9/29/2020	Interpellation of Senators SONNY ANGARA and RISA HONTIVEROS;
9/29/2020	Remarks of Senators FRANKLIN M. DRILON, CYNTHIA A. VILLAR, FRANCIS "TOL" N. TOLENTINO, JOEL VILLANUEVA, RICHARD J. GORDON and FRANCIS "KIKO" N. PANGILINAN;
9/29/2020	Manifestation of Senator CYNTHIA A. VILLAR;
9/30/2020	Interpellation of Senators FRANCIS "KIKO" N. PANGILINAN and JOEL VILLANUEVA;
9/30/2020	Manifestation of Senator CYNTHIA A. VILLAR;
9/30/2020	Remarks of Senator RICHARD J. GORDON;
10/5/2020	Interpellation of Senator JOEL VILLANUEVA;
10/6/2020	Interpellation of Senators RICHARD J. GORDON and RALPH G. RECTO;
10/7/2020	Interpellation of Senator FRANKLIN M. DRILON;
10/12/2020	Interpellation of Senators FRANKLIN M. DRILON and RALPH G. RECTO;
10/12/2020	Remarks of Senator RALPH G. RECTO;
10/12/2020	Manifestation of Senator IMEE R. MARCOS;
10/12/2020	Period of interpellation closed;
10/12/2020	Period of individual amendments;
10/13/2020	Amended copies as of October 12, 2020 were distributed electronically to the Senators;
10/13/2020	Period of individual amendments;
10/14/2020	Amended copies as of October 13, 2020 were distributed electronically to the Senators;
10/14/2020	Period of individual amendments;
10/15/2020	Period of individual amendments;
11/5/2020	Amended copies as of October 15, 2020 were distributed electronically to the Senators;
11/24/2020	Period of individual amendments;
11/25/2020	Period of individual amendments;
11/26/2020	Period of individual amendments;
11/26/2020	Period of individual amendments closed;
11/26/2020	Approved on Second Reading with Amendments;
AMENDED TITLE: AN ACT REFORMING THE CORPORATE INCOME TAX AND INCENTIVES SYSTEM, AMENDING FOR THE PURPOSE SECTIONS 20, 22, 25, 27, 28, 29, 34, 40, 109, 116 AND 290 OF THE NATIONAL INTERNAL REVENUE CODE OF 1997, AS AMENDED, AND CREATING THEREIN NEW TITLE XIII, AND FOR OTHER PURPOSES
11/26/2020	Approved on Third Reading;
11/26/2020	In favor: (20) Senators SONNY ANGARA, MARIA LOURDES NANCY S. BINAY, PIA S. CAYETANO, FRANKLIN M. DRILON, WIN GATCHALIAN, CHRISTOPHER LAWRENCE T. GO, RISA HONTIVEROS, PANFILO "PING" M. LACSON, MANUEL "LITO" M. LAPID, IMEE R. MARCOS, FRANCIS "KIKO" N. PANGILINAN, AQUILINO "KOKO" III PIMENTEL, GRACE POE, RALPH G. RECTO, RAMON BONG REVILLA JR., VICENTE C. SOTTO III, FRANCIS "TOL" N. TOLENTINO, JOEL VILLANUEVA, CYNTHIA A. VILLAR and JUAN MIGUEL "MIGZ" F. ZUBIRI;
11/26/2020	Against: (1) Senator RICHARD J. GORDON;
11/26/2020	Abstention: (None) ;
11/26/2020	Senate designated Senators PIA S. CAYETANO, RALPH G. RECTO and FRANKLIN M. DRILON as conferees to the Bicameral Conference Committee on the disagreeing provisions of SBN-1357 and HBN-4157;
12/9/2020	Sent to the House of Representatives for concurrence;
12/15/2020	House of Representatives designated Representatives Singson-Meehan, Salceda, Tiangco, Garin, Garcia III, Romualdo, Quimbo and Vergara as its conferees to the Bicameral Conference Committee on the disagreeing provisions of SBN-1357 and HBN-4157 on December 14, 2020;
[ 2021 ]
1/19/2021	Senators Zubiri and Gatchalian were designated as additional conferees;
2/3/2021	Conference Committee Report on the disagreeing provisions of SBN-1357 and HBN-4157, submitted to the Senate, recommending that HBN-4157, in consolidation with SBN-1357, be approved with the attached copy of the bill as reconciled and approved by the conferees;
2/3/2021	Sponsorship speech of Senator PIA S. CAYETANO on the conference committee report;
2/3/2021	Conference Committee Report Approved by the Senate;
2/8/2021	Conference Committee Report Approved by the House of Representatives on February 3, 2021;
2/22/2021	Letter from Secretary General Mark Llandro L. Mendoza, transmitting nine (9) enrolled copies of the consolidated version of HBN-4157 and SBN-1357, for the signature of Senate Secretary Atty. Myra Marie D. Villarica and Senate President Vicente C. Sotto III;
2/23/2021	Letter for Speaker Lord Allan Jay Q. Velasco, returning eight (8) enrolled copies of consolidated version of HBN-4157 and SBN-1357, which were signed by Senate Secretary Atty. Myra Marie D. Villarica and Senate President Vicente C. Sotto III;
5/17/2021	Consolidated with HBN-4157, which was Approved and Signed into Law by the President of the Philippines, His Excellency, President Rodrigo Roa Duterte on March 26, 2021 and became
5/17/2021	REPUBLIC ACT NO. 11534.