Act No. 2013, enacted on January 17, 1911, establishes the annual tax rate on the assessed value of real estate in Manila for that year at 1.5%, reduced from the previous 2%. The tax is to be paid in two installments: 1% due by July 1, 1911, and the remaining 0.5% by December 31, 1911. This measure was passed to facilitate the public good and took effect immediately upon its passage.
January 17, 1911
ACT NO. 2013
AN ACT PROVIDING THAT THE ANNUAL TAX ON THE ASSESSED VALUE OF THE REAL ESTATE OF THE CITY OF MANILA FOR THE YEAR NINETEEN HUNDRED AND ELEVEN SHALL BE ONE AND ONE-HALF PER CENTUM THEREOF
SECTION 1. The annual tax on the assessed value of all the real estate of the city of Manila subject to taxation shall be, for the year nineteen hundred and eleven, one and one-half per centum thereof instead of two per centum thereof, anything contained in section forty-seven of Act Numbered One hundred and eighty-three, as amended, to the contrary notwithstanding: Provided, however, That one per centum of the assessed value of all the said real estate shall be payable on or before the first day of July, nineteen hundred and eleven, and the remaining one-half per centum shall be payable on or before the thirty- first day of December, nineteen hundred and eleven.
SECTION 2. The public good requiring the speedy enactment of this bill, the same shall take effect on its passage, in accordance with section one of Act Numbered Nineteen hundred and forty-five of the Philippine Legislature.
Enacted: January 17, 1911