Commonwealth Act No. 619, enacted on June 5, 1941, establishes a new deadline for the payment of real property taxes corresponding to 1938 and 1939. It allows for the remission of unpaid taxes and penalties on properties forfeited to local governments, provided that 50% of the 1938 tax and the full 1939 tax are paid by June 30, 1940. This amendment aims to ease the financial burden on property owners during that period. The Act takes effect upon its approval.
June 5, 1941
COMMONWEALTH ACT NO. 619
AN ACT TO PROVIDE A NEW TIME LIMIT FOR THE PAYMENT OF THE TAXES CORRESPONDING TO THE YEARS NINETEEN HUNDRED AND THIRTY-EIGHT AND NINETEEN HUNDRED AND THIRTY-NINE
SECTION 1. Section one of Commonwealth Act Numbered Four hundred and sixty-four, as amended by Commonwealth Act Numbered Five hundred and twenty-four, is further amended to read as follows: prcd
"SEC. 1. All the unpaid real property taxes due on any real property forfeited to the provincial or city government on prior to January first, nineteen hundred and thirty-nine, and all penalties that have become due thereon and remaining unpaid are remitted, if fifty per centum of the tax corresponding to the year nineteen hundred and thirty-eight, and the entire tax corresponding to the year thirty-nine had been paid on or before June thirtieth, nineteen hundred and forty."
SECTION 2. This Act shall take effect upon approval.
Approved: June 5, 1941