The bill would make overtime pay untaxed by adding it to the list of items excluded from gross income under the tax code, define what counts as overtime, and require the finance department and tax bureau to issue rules within 60 days; it would take effect 15 days after publication.
Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.
Printed from CivicSync PH: https://civicsync-ph-gamma.vercel.app/bills/HB07896. Status changes over time; check the link for the latest.
HB07896 · Sources: BatasWatch
Similar in what they’d do, filed by any lawmaker.