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SIXTEENTH CONGRESS {| 2 ave 25 NOV 2013

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First Regular Session Ht

3423

House Bill no.

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Introduced by Honorable Sherwin T. Gatchalian—.

EXPLANATORY NOTE

The Act to amend provisions of Article 2, sections 470,
paragraph (c) and 471, paragraph (b) respectively of the Local
Government Code with regards to the qualification and
experience required for City Treasurer aims to open up both
positions to more applicants.

One of the main functions of the City Treasurer is the
examination of financial records to determine the correctness
of taxes being paid by business taxpayers. As such, it is but
appropriate and relevant to include a Certified Public
Accountant or a degree holder in the field of accountancy as
one of the qualifications.

Lowering the required five (5) years experience to three (3)
years for City Treasurer; two (2) years for the Municipal
Treasurer and two (2) years for the Assistant City Treasurer;
one (1) year in case of the City or Provincial Treasurer, will
accommodate a larger pool of potential public servants.

‘This will put local government units in its bel
choose applicants using a wider scope of et
from experience) that will ultimatel
government services to the public.

in T. Gatchalian
presentative
istrict, Valenzuela City

First


Republic of the Philippines
HOUSE OF REPRESENTATIVES
Quezon City

SIXTEENTH CONGRESS
First Regular Session

House Bill no 8423

Introduced by Honorable Sherwin T. Gatchalian

AN ACT

AMENDING CERTAIN PROVISIONS OF ARTICLE II, SECTIONS
470, PARAGRAPH C AND 471, PARAGRAPH B, OF THE LOCAL
GOVERNMENT CODE”, PROVIDING FUNDS THEREFOR, AND
FOR OTHER PURPOSES

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

Article 2, Section 470, paragraph (c) and Section 471
paragraph (b) of The Local Government Code is hereby
amended to read as follows:

Article Two- The Treasurer

SEC. 470. Appointment, Qualifications, Powers, and Duties.
(a) xxx;

(b) xxx 5

(c) No person shall be appointed treasurer unless he is a citizen
of the Philippines, a resident of the local government unit
concerned, of good moral character, a CERTIFIED PUBLIC
ACCOUNTANT or a holder of a college degree preferably in
commerce, ACCOUNTANCY, publi dministration or law from a
recognized college or university, and a first grade civil servi
eligible or its equivalent. He must have acquired experience in
treasury or accounting service for at least TWO (2) years in the
case of the city or provincial treasurer, and ONE (1) year in the
case of the municipal treasurer. The appointment of a treasurer



shall be mandatory for provincial, city and municipal
governments;

(d) xxx

C. 471, Assistant Treasurer. - (a) xxx.

{b) No person shall be appointed assistant treasurer unless he is
a citizen of the Philippines, a resident of the local government
unit concerned, of good moral character, A CERTIFIED PUBLIC
ACCOUNTANT, a holder of a college degree preferably in
commerce, ACCOUNTANCY, public administration, or law from
a recognized college or university, and a first grade civil service
cligible or its equivalent. He must have acquired at least TWO
(2) years experience in the treasury or accounting service in the
case of the city or provincial assistant treasurer, and ONE (1)
year in the case of the municipal assistant treasurer. The
appointment of an assistant treasurer shall be optional for
provincial, city and municipal governments;

(o) xxx.

Approved.