HB 2736
House·20th Congress·Filed Jul 30, 2025
An Act Allocating One Percent (1%) of the Total Value-Added Tax Collections to a Local Government Development Fund, Providing for Its Release to Qualified Local Government Units, and for Other Purposes
In plain language
The proposal would set aside 1 % of the nation’s VAT receipts each year into a special fund that is given only to local governments that can show they have raised their own VAT revenues by at least 10 % compared with the previous year.
Local Government
Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.
Author · Representative
Official sources
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HB02736 · Sources: BetterGov Open Congress, BatasWatch