AN ACT EXEMPTING LOCAL WATER DISTRICTS FROM INCOME TAX, AMENDING FOR THE PURPOSE SECTION 27 (C) OF THE NATIONAL INTERNAL REVENUE CODE, AS AMENDED

AN ACT GRANTING INCOME TAX EXEMPTION TO LOCAL WATER DISTRICTS, AMENDING FOR THE PURPOSE SECTION 27 (C) OF THE NATIONAL INTERNAL REVENUE CODE, AS AMENDED

RESOLUTION EXPRESSING THE SENSE OF THE SENATE ON THE LEGISLATIVE INTENT OF REPUBLIC ACT NO. 9286, SPECIFICALLY SECTION 2 THEREOF, ON THE DETERMINATION OF COMPENSATION OF LOCAL WATER DISTRICT GENERAL MANAGERS