AN ACT PROVIDING TAX INCENTIVES TO DEVELOPERS AND BUILDERS OF RESIDENTIAL BUILDING AND/OR HOUSING PROJECTS BY EXEMPTING THEM FROM THE PAYMENT OF REAL ESTATE TAXES, DEFINING THE CONDITION THEREOF AND FOR OTHER PURPOSES

RESOLUTION DIRECTING THE PROPER COMMITTEES TO CODUCT AN INQUIRY, IN AID OF LEGISLATION, ON THE ALLEGED UNSOUND REAL ESTATE BUSINESS PRACTICE OF PIEDRA ROSA DEVELOPMENT CORPORATION UPON MIRA VERDE HOMES IN BARANGAY SAN LUIS, ANTIPOLO CITY AND THE FAILRUE OF THE CONCERNED GOVERNMENT HOUSING AGENCIES TO PUT TO STOP SUCH UNSOUND BUSINESS PRACTICE