Senate Bill No. 113: Amending Section 293 of the Local Government Code of 1991
This bill proposes the automatic appropriation and release to the local government units of the 40% share from the national wealth taxes, as their just share in the utilization and development of national wealth.
Date filed: 01 July 2013
Author: Senator Ferdinand “Bongbong” R. Marcos, Jr.
Status: Pending in the Committee 24 July 2013