The bill proposes to give local governments up to three years to prepare new property value schedules, set a 2‑4‑year window for the first update and a tax amnesty, and keep existing values until the new ones are approved.
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/HB11092. Status changes over time; check the link for the latest.
HB11092 · Sources: BatasWatch
Similar in what they’d do, filed by any lawmaker.