FIFTEENTH CONGRESS )
REPUBLIC OF THE PHILIPPINES )
FIRST REGULAR SESSION )

HOUSE OF REPRESENTATIVES

Introduced by Representative Rufus B. Rodriguez and
Representative Maximo B. Rodriguez, Jr.

585

House Bill No.
EXPLANATORY NOTE

This bill was originally introduced as House Bill No. 1853 by the undersigned
Rufus B, Rodriguez during the Fourteenth Congress. It was approved by the
Committee on Local Government as substitute House Bill No, 3195 under Committee
Report No. 100, dated December 3, 2007. It was approved on 2™ reading on
December 12, 2007 and 3rd reading on December 18, 2007. It was transmitted to the
Senate on January 3, 2008 where it was not acted upon.

Consistent with the promotion and enhancement of local financial autonomy,
this bill seeks to amend Section 290 and 291 of Republic Act 7160, otherwise known
as the Local Government Code.

As proposed, the share of the local government units is increased to sixty
percent (60%) of the gross collection derived by the national government in the
preceding fiscal year from mining taxes, royalties, forestry and fishery charges, and
such other taxes, fees, or charges, including related surcharges, interests, or fines, and
from its share in any co-production, joint venture or production sharing agreement in
the utilization and development of the national wealth within their territorial
jurisdiction.

Under this legislative proposal, the share of the local government units from
the use of national wealth, and from any government agency, or ~owned and —
controlled corporation shall be remitted to them within ten (10) days after the end of
every quarter during the current fiscal year.

This is just one of the measures that seek to broaden the local fiscal resource
generation. Hence, the approval of this bill is earnestly requested.

RUFWS B. Rt EZ

Sym

MAXIMO B, RODRIGUEZ, JR.


FIFTEENTH CONGRESS )
REPUBLIC OF THE PHILIPPINES )
FIRST REGULAR SESSION )

HOUSE OF REPRESENTATIVES

Introduced by Representative Rufus B. Rodriguez. and
Representative Maximo B, Rodriguez, Jr.

House Bill No. 5858

AN ACT

PROVIDING FOR THE DIRECT REMITTANCE TO THE HOST
LOCAL GOVERNMENT UNIT OF ITS FORTY PERCENT (40%)
SHARE OF THE GROSS COLLECTION DERIVED BY THE
NATIONAL GOVERNMENT FROM NATIONAL WEALTH TAXES,
AMENDING FOR THE PURPOSE SECTION 293 OF REPUBLIC ACT
NO, 7160 OTHERWISE KNOWN AS THE LOCAL GOVERNMENT
CODE OF 1991.

Be it enacted by the Senate and House of Representatives of the
Philippines in Congress assembled:

SECTION 1. Section 293 of Republic Act No. 7160 otherwise
known as the Local Government Code of 1991 is hereby amended to
read as follows:

“Section 293. Remittance of the Share of Local Government Units.
~ The share of local government units from the utilization and
development of national wealth shall be remitted in accordance
with Section 286 of this Code: Provided however, That any
person, natural or juridical, including government agencies or
government-owned or controlled corporations engaged in the
utilization and development of the national wealth, shall directly
remit to the provincial, city, municipal or barangay treasurer as
the case maybe, of the host local government unit concerned its
forty percent (40%) share derived from national wealth taxes
under Section 290 of this Code and the remaining sixty percent
(60%) to the National Government.

SEC. 2. All other law, rules and regulations inconsistent with
this Act are hereby repealed, amended or modified accordingly.

SEC. 3. This Act shall take effect fifteen (15) days after its
publication in at least two (2) newspapers of general circulation.

Approved,