Salceda dares Senate to quickly pass bill extending estate tax amnesty

Malaysia News News

Salceda dares Senate to quickly pass bill extending estate tax amnesty
Malaysia Latest News,Malaysia Headlines
  • 📰 inquirerdotnet
  • ⏱ Reading Time:
  • 56 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 86%

Another solon, Albay 2nd District Rep. Joey Salceda, has called on the Senate to pass quickly a bill that would extend the estate tax amnesty deadline to two years, before Congress goes on a sine die adjournment. | GabrielLaluINQ

Salceda warned that, if the Senate would not act fast, there might not be enough time to tackle the bill as the 19th Congress’ first regular session would go on sine die adjournment by June 3.

The session is expected to resume on July 23, 2023 — in time for the 2nd State of the Nation Address of President Ferdinand Marcos Jr. Salceda said Marcos could also address this by certifying the similar bill that the House passed as urgent. This would allow the Senate to deliberate a similar measure in a single day, instead of waiting for three regular session days as mandated by the rules.

“If the Senate doesn’t do this over the next few days, the amnesty will expire while we are not in session. There will be a window of time, meanwhile, when people are uncertain about what to do next with their estates,” Salceda said. “ The majority, on both Houses, exists for a reason. We exist because the people want us to get things done fast. This is a yes-or-no question with a clear deadline, and with clear consequences if we miss the deadline,” he added.to start discussing the estate tax amnesty extension so that Congress could submit the bill to Marcos to sign before the Congress adjournment.— before Congress resumed its session. The House equivalent of the proposal is House Bill No. 7909.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

inquirerdotnet /  🏆 3. in PH

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Senate OKs bill that will increase pension of veteransSenate OKs bill that will increase pension of veteransVOTING 21-0-0, the Senate on Monday approved on third and final reading Senate Bill (SB) 1480 that proposes a 350 percent to 488 percent increase in the disability pension of veterans.
Read more »

Senate inquiry into series of power outages a must, Gatchalian saysSenate inquiry into series of power outages a must, Gatchalian saysSenator Gatchalian said the Senate should conduct an inquiry into the series of disturbances in the country’s power transmission system saying it is imperative to ensure the Philippines has a reliable and continuous supply of electricity. ManilaBulletin
Read more »

Dela Rosa ends Senate hearing on Degamo killingDela Rosa ends Senate hearing on Degamo killingSen. Ronald “Bato” Dela Rosa has ended the Senate inquiry on the killing of Negros Oriental Gov. Roel Degamo and
Read more »

Senate urged: Probe series of power system disturbancesSenate urged: Probe series of power system disturbancesMANILA, Philippines — An investigation into the series of power transmission system disruptions in the country is being pushed in the Senate. Senator Sherwin Gatchalian has filed Senate
Read more »

Senate OKs bill increasing veteran’s disability pensionSenate OKs bill increasing veteran’s disability pensionThe Senate on Monday, May 15 approved on third and final reading the bill proposing a 350 to 488 percent rate increase in the disability pension of veterans and their beneficiaries. | ManilaBulletin
Read more »

LOOK: Go, Zubiri, Tolentino visits Cambodia to support PH athletes in the SEA GamesLOOK: Go, Zubiri, Tolentino visits Cambodia to support PH athletes in the SEA GamesSenate President Migz Zubiri, and Senators Christopher “Bong” Go and Francis Tolentino have visited Cambodia over the weekend to show the Senate's full support for all the Filipino athletes competing in the Southeast Asian (SEA) Games. | ManilaBulletin
Read more »



Render Time: 2025-03-06 08:49:37