Expenditure by Provincial Board of 30% of Additional Amount of Cedula Tax Collected
Act No. 1932, enacted on May 20, 1909, mandates that at least 30% of any additional cedula tax collected in a municipality, as authorized by the provincial board's resolution under Act No. 1652, must be spent within that same municipality. This requirement aims to ensure that increased local tax revenues directly benefit the community where they are collected. The Act also repeals any inconsistent legislation and takes effect immediately upon passage.
May 20, 1909
ACT NO. 1932
AN ACT PROVIDING FOR THE EXPENDITURE WITHIN THE MUNICIPALITY WHERE COLLECTED OF AT LEAST THIRTY PER CENTUM OF THE ADDITIONAL AMOUNT OF THE CEDULA TAX IN PROVINCES WHOSE PROVINCIAL BOARDS SHALL HAVE PROVIDED BY RESOLUTION THAT THE CEDULA TAX BE INCREASED IN ACCORDANCE WITH ACT NUMBERED SIXTEEN HUNDRED AND FIFTY-TWO
SECTION 1. Whenever, under the provisions of Act Numbered Sixteen hundred and fifty-two, the provincial board of any province organized under the Provincial Government Act shall provide by resolution for the increase of the cedula tax, it shall be the duty of the provincial board to expend for the purposes mentioned in said Act Numbered Sixteen hundred and fifty-two within each municipality at least thirty per centum of the additional amount of cedula tax collected in that municipality.
SECTION 2. All Acts or parts of Acts inconsistent with this Act are hereby repealed.
SECTION 3. This Act shall take effect on its passage.
Enacted: May 20, 1909