House Bill No. 1546, 12th Congress of the Republic
Long Title
AN ACT DEDUCTING THE COST OF DEVOLVED FUNCTIONS AND PERSONNEL FROM THE SHARE OF LOCAL GOVERNMENT UNITS IN THE INTERNAL REVENUE ALLOTMENT AND THE TOTAL COST SO DEDUCTED SHALL BE DISTRIBUTED AND REMITTED DIRECTLY TO THE LOCAL GOVERNMENT UNITS CONCERNED AND REVISING THE FORMULA FOR ALLOCATING FUNDS TO LOCAL GOVERNMENT UNITS TO CORRECT INEQUITIES, AMENDING FOR THE PURPOSE SECTION 285 OF REPUBLIC ACT NO. 7160, OTHERWISE KNOWN AS THE LOCAL GOVERNMENT CODE OF 1991, AND FOR OTHER PURPOSES
Date filed
July 26, 2001