SB 1591

Automatic Debt Appropriations Cancellation Act of 2007

An Act Amending Section 31 of Presidential Decree No. 1177, Allocating Fifty Percent (50%) of the Funds, 'freed' as a Result of the Amendment to Augment the Internal Revenue Allotments (Ira) of Local Government Units, Providing for the Automatic Release of the Internal Revenue Allotments of Local Government Units and for Other Purposes