SB 113

Automatic Appropriations and Release to the Host LGUS, Share from National Wealth Taxes

An Act Providing for the Automatic Appropriations and Release to the Host Local Government Unit of Its Forty (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