17th Congress
Senate Bill No. 241

DIRECT REMITTANCE TO THE HOST LOCAL GOVERNMENT UNITS

Filed on July 4, 2016 by Honasan II, Gregorio B.
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Long title

AN ACT PROVIDING FOR THE DIRECT REMITTANCE TO THE HOST LOCAL GOVERNMENT UNIT OF ITS FORTY PERCENT (40%) SHARE OF THE GROSS COLLECTION DERIVED BY THE NATIONAL GOVERNMENT FROM NATIONAL WEALTH TAXES, AMENDING FOR THE PURPOSE SECTION 293 OF REPUBLIC ACT NO. 7160, OTHERWISE KNOWN AS THE LOCAL GOVERNMENT CODE OF 1991

Scope

National

Legislative status

Pending in the Committee (8/2/2016)
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