Day

// July 17, 2019
JUL
17
2019

SBN-595: Corporate Income Tax Reform

An Act Instituting Income Tax Reform For Corporate Taxpayers, Amending For This Purpose Sections 27(A) And 28 Of The National Internal Revenue Code Of 1997, As Amended This bill seeks to amend Sections 27(A) and 28 of the NIRC, as amended, to replace the unitary or single income
JUL
17
2019

SBN-594: ICT in Education

An Act Strengthening The Utilization Of Information And Communication Technology (ICT) In All Public Elementary Schools And High Schools Providing Funds Therefor And For Other Purposes Within a period of six (6) years, all public elementary and high schools shall establish at
JUL
17
2019

SBN-593: Department of OFW Act of 2019

An Act Creating The Department Of Overseas Filipino Workers, Defining Its Powers And Functions, Appropriating Funds Therefor, And For Other Purposes This bill proposes  the creation of the Department of Overseas Filipino Workers to harmonize all national policies and guidelines
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JUL
17
2019

SBN-592: Expanding the Coverage of Exclusions from Gross Income and Increasing the De Minimis Benefits Tax Exemptions

An Act Providing Tax Relief To The Labor Sector By Expanding The Coverage Of Exclusions From Gross Income And Increasing The Amounts Of De Minimis Benefits Exempt From Tax Amending For The Purpose Sections 32(B) And 33 Of The National Internal Revenue Code Of 1997, As Amended,
JUL
17
2019

SBN-591: Condonation of All Unpaid Income Taxes Due From Local Water Districts

An Act Removing The Conditions For The Condonation Of All Unpaid Income Taxes Due From Local Water Districts, Amending For The Purpose Section 289-A Of The National Internal Revenue Code, As Amended Allows a greater number of LWDs to benefit from the true intent of the law by
JUL
17
2019

SBN-590: Consumer Group Representation in Regulatory Bodies Act

An Act Protecting Consumers From Unreasonable Fee Increases By Providing For A Consumer Group Representation In The Governing Boards Of Government Regulatory Bodies, Amending For The Purpose Their Respective Charters, And For Other Purposes The bill proposes to include at least
JUL
17
2019

Fast titling, acceptance of CARP lands as collateral can help defeat ‘5-6 bankers’

Comprehensive Agrarian Reform Program (CARP) lands will remain a “5-6 paradise” unless roadblocks that prevent them from being used as collaterals for production loans from formal sources are lifted, Senate President Pro Tempore Ralph Recto said. Recto said the free and speedy
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