Entitled:
AN ACT AMENDING SECTIONS 27, 28, 34, 106, 108, 109, 110, 111, 112, 113, 114, 116, 117, 118, 119, 125, 148, 236, 237 AND 288 OF THE NATIONAL INTERNAL REVENUE CODE OF 1997, AS AMENDED, AND FOR OTHER PURPOSES.
[ First Regular Session, 13th Congress ]
[ 2005 ]
3/7/2005	Prepared and submitted by the Committee(s) on WAYS AND MEANS, with Senators RECTO, DRILON, FLAVIER, PANGILINAN and RICHARD "DICK" J. GORDON as authors per Committee Report No. 16, recommending its approval in substitution of SBNos. 1337, 1838 and 1873 taking into consideration of HBNos. 3555 and 3705;
3/7/2005	Submitted said Committee Report to the Senate;
3/7/2005	Sponsor: Senator Recto;
3/7/2005	Calendared for Ordinary Business;
3/7/2005	Assigned for consideration by Special Order;
3/7/2005	Sponsorship speech of Senator Recto;
3/8/2005	Interpellation of Senators Osmeña and Enrile;
3/9/2005	Interpellation of Senators Revilla, Jr. and Mar Roxas;
3/14/2005	Certified by the President of the Philippines Gloria Macapagal Arroyo for its immediate enactment on March 11, 2005;
3/14/2005	Interpellation of Senators Lim, Miriam Defensor Santiago and M.A. Madrigal;
3/15/2005	Interpellation of Senators of Lapid, Luisa 'Loi' P. Ejercito Estrada, and Mar Roxas;
3/16/2005	Interpellation of Senators Jinggoy Ejercito Estrada and Lacson;
3/18/2005	Interpellation of Senator Pimentel, Jr.;
3/18/2005	House of Representatives requested the Senate for a conference on the disagreeing provisions of SBN-1950 and HBNos-3555 and 3705, designating Representatives Lapus, Suarez, Fuentebella, Singson, Cua (J.), Locsin, Jr., Baterina, Lagman, Villafuerte, Teves, Gullas, Salceda, Nograles, Javier, Andaya, Jr., Cua (G.), Defensor, Del Mar, Zamora, Suplico, Paras, Crisologo, Cayetano, Santiago, and Malapitan as conferees on March 17, 2005;
3/30/2005	Interpellation of Senators Osmena and Biazon;
3/31/2005	Debate speech of Senator Miriam Defensor Santiago, entitled "Yes to VAT, Except Power and Petroleum";
3/31/2005	Clarificatory question of Senator Enrile;
3/31/2005	Interpellation of Senators Miriam Defensor Santiago and Osmena;
4/1/2005	Interpelation of Senators M.A. Madrigal and Osmeña;
4/1/2005	Period of interpellations closed;
4/1/2005	Period of committee amendments;
4/1/2005	Period of committee amendments closed;
4/12/2005	Period of Individual amendments;
4/12/2005	Manifestation of Senator Arroyo;
4/12/2005	Inquiry of Senator Enrile;
4/13/2005	Period of individual amendments;
4/13/2005	Period of individual amendments closed;
4/13/2005	Approved on Second Reading:
4/13/2005	In favor: (8) Senators Angara, Biazon, Enrile, Richard "Dick" Gordon, Magsaysay, Jr., Osmena, Mar Roxas, and Villar, Jr.;
4/13/2005	Against: (6) Senators Cayetano, Jinggoy Ejercito Estrada, Luisa 'Loi' Ejercito Estrada, Lacson, M.A. Madrigal, and Pimentel, Jr.;
4/13/2005	Approved on Third Reading:
4/13/2005	In favor: (14) Senators Angara, Arroyo, Biazon, Drilon, Enrile, Flavier, Richard "Dick" Gordon, Magsaysay, Jr., Osmeña, Pangilinan, Recto, Revilla, Jr., Roxas, and Villar, Jr.;
4/13/2005	Against: (6) Senators Cayetano, Jinggoy Ejercito Estrada, Luisa 'Loi' P. Ejercito Estrada, Lacson, M.A. Madrigal, and Pimentel, Jr.;
4/13/2005	Abstention; N o n e;
4/13/2005	Senate agreed to the request of the House of Representative for a conference on the disagreeing provisions of SBN-1950 and HBNos. 3705, and 3555, designating Senators Recto, Villar, Jr., Arroyo, Richard "Dick" Gordon, Osmena, Enrile, Angara, M.A. Madrigal, and Biazon as its conferees;
4/25/2005	House of Representatives elected Representatives Roman, Figueroa and Marcos as additional conferees on April 18, 2005;
5/10/2005	Conference Committee Report submitted to the Senate, recommending that HBN-3550 and HBN-3705 in consolidation with SBN-1950 be approved as reconciled;
5/10/2005	Sponsorship speech of Senator Recto on the Conference Committee Report;
5/10/2005	Interpellation of Senator Lacson and Osmena (S);
5/10/2005	Conference Committee Report approved by the Senate;
5/10/2005	In favor: (13) EDGARDO J. ANGARA, RODOLFO G. BIAZON, COMPANERA PIA S. CAYETANO, FRANKLIN M. DRILON, MIRIAM DEFENSOR SANTIAGO, JUAN M. FLAVIER, RICHARD "DICK" J. GORDON, MANUEL "LITO" M. LAPID, RAMON B. MAGSAYSAY JR., RALPH G. RECTO, RAMON A. REVILLA JR., MAR ROXAS and MANUEL B. VILLAR JR.;
5/10/2005	Against: (9) JOKER P. ARROYO, LUISA "LOI" P. EJERCITO ESTRADA, JINGGOY P. EJERCITO-ESTRADA, JUAN PONCE ENRILE, PANFILO M. LACSON, ALFREDO S. LIM, M. A. MADRIGAL, SERGIO R. OSMENA III and AQUILINO Q. PIMENTEL JR.;
5/10/2005	Abstention: (None) ;
5/10/2005	Conference Committee Report approved by the House Of Representatives (See: O.B. dated 05-23-05);
5/19/2005	Enrolled Copy of the consolidated version of HBN-3555, HBN-3705 and SBN-1950, already signed by the Speaker and Secretary General of the House of Representatives received by the Senate;
5/23/2005	Enrolled copy of the consolidated version of HBN-3555, HBN-3705 and SBN-1950, already signed by the Senate President and Senate Secretary sent to Malacanang for the signature of the President of the Philippines;
5/24/2005	Consolidated with HBN-3555 and HBN-3705 which was Approved and Signed into Law by the President of the Philippines and became
5/24/2005	REPUBLIC ACT NO. 9337