An Act Emancipating Qualified Calamity Survivors from Financial Burden by Condoning Outstanding Housing Obligations, Including Principal, Unpaid Amortizations, Interest, and Penalties, and Providing for the Exemption from Estate Tax of Housing Units Awarded Under Calamity Housing Programs Implemented by the National Housing Authority
The bill would wipe out the remaining NHA housing loans, interest, and penalties of people who received homes after a disaster, give them a clean title, and exempt those homes from estate tax.
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/SBN-2508. Status changes over time; check the link for the latest.
SBN-2508 · Sources: BatasWatch
Similar in what they’d do, filed by any lawmaker.