Authorizing the City Treasurer to Accept Alternative Modes of Payment of Taxes and Fees from Taxpayers

February 26, 2007 TAGUIG CITY ORDINANCE NO. 004-07 AN ORDINANCE AUTHORIZING THE CITY TREASURER TO ACCEPT AS AN ALTERNATIVE MODE OF PAYMENT FOR TAXES AND FEES FROM TAXPAYERS RESORT TO OR USE OF OVER THE COUNTER PAYMENTS IN ACCREDITED BANKS, INTERNET BANKING AND AUTOMATED TELLER MACHINES Sponsored by: Coun. Aurelio Paulo R. Bartolome Coun. Arnel M. Cerafica Coun. Henry M. Dueas, Jr. Coun. Allan Paul C. Cruz Coun. Ricardo J. Jordan Coun. Elpidio M. Javier Coun. Marisse Balina-Eron Coun. Glen N. San Pedro Coun. Baltazar T. Mariategue Coun. Delio J. Santos Liga Pres. Conrado C. Aquino, Sr. SK Fed. Pres. Jeffrey B. Morales WHEREAS, with the advent of information technology, transactions can now be consummated through the use of electronic data messages or electronic documents; WHEREAS, with the passage of Republic Act 8792, otherwise known as "AN ACT PROVIDING FOR THE RECOGNITION AND USE OF ELECTRONIC, COMMERCIAL, AND NON-COMMERCIAL TRANSACTIONS, PENALTIES FOR UNLAWFUL USE THEREOF, AND OTHER PURPOSES" the government recognizes resort to or availment of electronic data messages or electronic documents in facilitating and effecting its commercial and non-commercial transactions; WHEREAS, the use of electronic data message or electronic documents, through "internet banking," may be used by the City Government to facilitate payment of taxes and fees for the convenience of taxpayers; WHEREAS, the City Government, in devising an effective, efficient and expeditious system of accepting payments from the tax-paying public, may adopt measures to avail of the facilities and services of competent and accredited financial institutions for the benefit of the general public. NOW, THEREFORE, BE IT ORDAINED BY THE SANGGUNIANG PANLUNGSOD OF THE CITY OF TAGUIG IN SESSION ASSEMBLED: SaICcT SECTION 1. The City Treasurer is hereby authorized to accept as an alternative mode of payment of taxes and fees from taxpayers resort to Internet Banking, Automated Teller Machines, and over the counter payment. SECTION 2. For purposes of this Ordinance, the following terms shall be defined as follows: a. INTERNET BANKING is a service that addresses the client-institution's need for an efficient collection, fund transfer, and on-line inquiry through the internet. The service involves immediate credit to the client-institution's depository account. b. AUTOMATED TELLER MACHINES is an electronic device which allows the bank's customers to make cash withdrawals and check their account balances at any time without the need for a human teller. Many ATM's also allow people to deposit cash or cheques, transfer money from their bank accounts to merchant accounts. c. OVER THE COUNTER PAYMENTS is a service that addresses the client-institution's need for efficient collection through a bank's network. The service involves immediate credit to the client-institution's depository account without the need to open accounts in various branches. Automated data capture of collection or deposits details is provided for faster account reconciliation. SECTION 3. The banking institution shall seek accreditation from the Taguig City Council to deliver the required facility and services defined and provided for in this ordinance. The City Government will enter into an agreement with the said banking or financial institution under terms and conditions that are most advantageous to the government. SECTION 4. The City Treasurer is hereby authorized to promulgate and issue rules and regulations regarding the implementation of this Ordinance. SECTION 5. Prompt taxpayers using any of the alternative modes of payment, as provided for in this Ordinance, shall be entitled the same privileges enjoyed by taxpayers paying in cash pursuant to Ordinance No. 100, Series of 2005. SECTION 6. This Ordinance shall take effect upon its approval. SECTION 7. Effectivity. This Ordinance shall take effect upon its passage and publication as provided by law. APPROVED this 26th day of February, 2007 at Taguig City. IcESaA CITY COUNCILORS (SGD.) HON. ARNEL M. CERAFICA (SGD.) HON. HENRY M. DUEAS, JR. (SGD.) HON. ALLAN PAUL C. CRUZ (SGD.) HON. RICARDO J. JORDAN (SGD.) HON. ELPIDIO M. JAVIER (SGD.) HON. AURELIO PAULO R. BARTOLOME (SGD.) HON. GLEN N. SAN PEDRO HON. ARVIN IAN V. ALIT (SGD.) HON. DELIO J. SANTOS (SGD.) HON. MARISSE BALINA-ERON (SGD.) HON. BALTAZAR T. MARIATEGUE HON. NOEL R. DIZON (SGD.) HON. CONRADO C. AQUINO, SR. Liga President (SGD.) HON. JEFFREY B. MORALES SK Federation President Attested by: (SGD.) HON. GEORGE A. ELIAS City Vice Mayor and Presiding Officer Certified by: (SGD.) ATTY. DANIEL B. VALDEZ City Council Secretary Approved by: (SGD.) HON. SIGFRIDO R. TIGA City Mayor