Act No. 1475




[ Act No. 1475, April 16, 1906 ] AN ACT PROVIDING FOR THE FURTHER REIMBURSEMENT OF THE PROVINCE OF CEBU FOR THE LOSS OF REVENUE SUSTAINED BY IT THROUGH THE SUSPENSION OF THE LAND TAX FOR THE YEAR NINETEEN HUNDRED AND SIX. By authority of the United States, be it enacted by the Philippine Commission, that: Section 1. The excess of thirty-two thousand three hundred and twenty-one pesos and forty-five centavos returned to the unappropriated general fund in the Insular Treasury in accordance with a resolution of the Philippine Commission of March twelfth, nineteen hundred and six, from funds appropriated by section two of Act Numbered Fourteen hundred and fifty-five for the purpose of reimbursing for the calendar year nineteen hundred and six to the several provinces and municipalities, not including the city of Manila, the amounts which those provinces and municipalities collected from land taxes during the fiscal year nineteen hundred and live, is hereby unappropriated for the benefit of the Province of Cebu, adequate reimbursement of said province for the loss of revenue sustained by it through the suspension of the land tax for the year nineteen hundred and six being impossible under the provisions of section two of Act Numbered Fourteen hundred and fifty-five. by reason of the fact that the land tax in the Province of Cebu, outside of certain excepted portions thereof, was by law remitted for the year nineteen hundred and five.1aшphi1 Section 2. The funds appropriated by section one of this Act shall be paid into the provincial treasury of Cebu in addition to the amount payable under the provisions of section two of Act Numbered Fourteen hundred and fifty-five and in the same manner as provided in said latter section, and the total amount so paid into the treasury of the Province of Cebu shall be apportioned and expended in precisely the same way that by existing law the land taxes collected in the fiscal year nineteen hundred and four were apportioned and expended. Section 3. The public good requiring the speedy enactment of this bill, the passage of the same is hereby expedited in accordance with section two of "An Act prescribing the order of procedure by the Commission in the enactment of laws," passed September twenty-sixth, nineteen hundred.1aшphi1 Section 4. This Act shall take effect on its passage. Enacted, April 16, 1906. The Lawphil Project - Arellano Law Foundation