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A collection of Philippine laws, statutes and codes not included or cited in the main indices of the Chan Robles Virtual Law Library.
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ACT NO. 1579
ACT NO. 1579 - AN ACT SUSPENDING
THE COLLECTION OF THE LAND TAX FOR THE CALENDAR YEAR NINETEEN HUNDRED
AND SEVEN IN ALL THE PROVINCES OF THE PHILIPPINE ISLANDS ORGANIZED
UNDER THE PROVISIONS OF ACT NUMBERED EIGHTY-THREE, AND IN ALL THE
MUNICIPALITIES THEREIN ORGANIZED UNDER THE PROVISIONS OF ACT NUMBERED
EIGHTY-TWO, PROVIDING FOR THE REIMBURSEMENT TO THE PROVINCES AND
MUNICIPALITIES OF FIFTY PER CENTUM OF THE SUMS WHICH THEY WILL LOSE BY
REASON OF THE SUSPENSION OF THE LAND TAX, AND APPROPRIATING TOWARD SUCH
REIMBURSEMENT THE SUM OF SIX HUNDRED AND SIXTY-SIX THOUSAND NINE
HUNDRED AND TWENTY-SEVEN PESOS AND SIXTY-THREE CENTAVOS FROM ANY FUNDS
IN THE INSULAR TREASURY NOT OTHERWISE APPROPRIATED
Section 1. The collection of the land tax for the calendar
year nineteen hundred and seven in all the provinces of the Philippine
Islands organized under the provisions of Act Numbered Eighty-three,
and in all the municipalities therein organized under the provisions of
Act Numbered Eighty-two, is hereby suspended, and no land tax shall be
collected in said provinces and municipalities for the calendar year
nineteen hundred and seven; but this suspension shall not affect the
collection of taxes due for prior years and still uncollected. The
existing laws in relation to land taxes shall continue in full force
and effect, except as provided in this Act and in Act Numbered Fourteen
hundred and fifty-five as amended.
Sec. 2. The Central Equalizing Board provided for
by Act Numbered Fourteen hundred and fifty-five, as amended, is hereby
directed, upon completion of its labors, to certify to the Philippine
Commission the total assessed valuation of the taxable real property in
the provinces and municipalities specified in section one of this Act,
and the Philippine Commission shall thereupon appropriate an amount
equal to fifty per centum of the maximum tax collectible on, under, and
by reason of said assessment, as certified by the said Central
Equalizing Board, less such credits as are hereinafter provided for.
The said appropriation shall be distributed among the various provinces
and municipalities on the basis of the assessed valuation of the
taxable real property in each under the assessment provided for by Act
Numbered Fourteen Hundred and fifty-five as amended, assuming that each
province and municipality has levied the maximum lawful rate of
taxation.
Sec. 3. As a partial payment of the amount due
each province and municipality as provided for in the preceding section
there is hereby appropriated, out of any funds in the Insular Treasury
not otherwise appropriated, the sum of six hundred and sixty-six
thousand nine hundred and twenty-seven pesos and sixty-three centavos,
for the purpose of paying to each province and municipality each month
for a period of six months commencing January first, nineteen hundred
and seven, an amount equal to fifty per centum of the monthly refund
now being made to each province and municipality under the provisions
of Act Numbered Fourteen hundred and fifty-five, as amended and of Act
Numbered Fourteen hundred and seventy-five.
Sec. 4. The payments made in accordance with the
preceding section shall be considered as credits on the amount due
under the provisions of section two of this Act; and when the
appropriation provided for in said section is made it shall be for a
sum equal to the total amount due as therein authorized, less six
hundred and sixty-six thousand nine hundred and twenty-seven pesos and
sixty-three centavos, the amount appropriated by section three of this
Act; and the necessary adjustment of payments to provinces and
municipalities to carry into effect the purposes of this Act shall be
made by the Insular Auditor.
Sec. 5. The public good requiring the speedy
enactment of this bill, the passage of the same is hereby expedited in
accordance with section two of "An Act prescribing the order of
procedure by the Commission in the enactment of laws," passed September
twenty-six, nineteen hundred.
Sec. 6. This act shall take effect on its passage.
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