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EXPLANATION OF VOTEBicameral Conference Committee Report on the disagreeing provisions of HBN 4157 and SB 1357: Corporate Recovery and Tax Incentives for Enterprises (CREATE) ActSenate President Pro Tempore Ralph G. Recto03 February 2021 Mr. President, my dear colleagues: It has

Delivered by Senate President Pro Tempore Ralph G. Recto 21 October 2020 Good afternoon. It is my pleasure to be with you today – even though I was given 20 minutes to discuss a raft of bills which has taken us hundreds of hours to deliberate. Imposing that cap on a politician is

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