Senate version of bill to extend tax amnesty approved by Salceda

HOUSE Ways and means Chair José Ma. Clemente “Joey” S. Salceda (Albay, 2nd District) said he would recommend House plenary passage of the Senate version of the property tax amnesty extension bill once it passes its third reading on Monday.

“No more bicams for this; don’t need it anyway: [the] The House Ways and Means Committee is challenging the provisions of the Senate version,” Salceda said.

In addition to the provisions of the House version that extends the property tax amnesty until June 2025, the Senate version also extends the debt recovery period until May 2022.

The Senate version also provides for the electronic filing of property tax amnesty applications. Senate Bill (SB) 2219 also limits the number of documents required for filing.

“We agree; So, we will move for passage. If they can pass by Monday, we will ratify by Monday. In any case, I expect the House of Representatives to wait for the official transfer of the Senate all Monday,” Salceda added.

The MP added that “this is the most urgent priority for the leadership of the House of Representatives.”

“So you can look forward to an immediate House pass once we get a formal referral from the Senate,” Salceda said, adding that he has also been in constant communication with his Senate counterpart, Senator Shervin T. Gachalian, “to address any style issues. “.

The Senate also reduced the period for issuing implementing rules and regulations from 60 to 30 days.

Salceda previously estimated that 920,000 Filipino families have unoccupied estates that could benefit from the amnesty.

The legislator explained that the amnesty is also consistent with the full exemption from property tax provided by the New Law on the Emancipation of Agrarians. [President Ferdinand R. Marcos’s] the most significant legislative achievement in its first year of operation,” Salceda said.

Asked about an exchange of statements between Salceda and Senate leadership a few days earlier regarding the need to expedite the passage of the bill, Salceda said: “Well, that’s part of the job. And it looks like we’ll have that job done by Monday – House and Senate.”

“We’ll get what we want – playing out to [the day of the] SONA [State of the Nation Address]. And they’ll get what they want: their extra supplies. All’s well that ends well: the majority in Congress works for the people.”