SB 405
Senate·20th Congress·Filed Jul 10, 2025
The Local Government Development Fund Act of 2025
An Act Establishing the Local Government Development Fund, Mandating the Allocation of One Percent (1%) of Total Value Added Tax (VAT) Collections to Finance Local Development Projects, Programs, and Activities
In plain language
The bill creates a Local Government Development Fund that will receive 1 % of the country’s VAT collections (measured three years ago) and will be given to local governments that raise their VAT receipts by at least 10 % each year, to finance projects listed in their development plans.
Local GovernmentPublic Works and InfrastructureGovernment Administration
Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.
Author · Senator
Subjects
Local Government Development FundValue-Added Tax
Official sources
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Printed from CivicSync PH: https://civicsync-ph-gamma.vercel.app/bills/SBN-405. Status changes over time; check the link for the latest.
SBN-405 · Sources: BetterGov Open Congress, BatasWatch