THE NAGA CITY COUNCIL

Sangguniang Panlungsod Ng Naga

PREVIOUS ORDINANCES (1948-2022)

6th Sangguniang Panlungsod (30 June 1998 โ€“ 30 June 2001)

ORDINANCE NO. 2000-036

ORDINANCE NO. 2000-036 – AN ORDINANCE AMENDING SECTION 12, CHAPTER 5 OF ORDINANCE NO. 97-114, OTHERWISE KNOWN AS THE 1997 INVESTMENT INCENTIVES CODE OF THE CITY OF NAGA, BY EXTENDING THE PERIOD OF AVAILMENT OF INCENTIVES UNDER SPECIFIC PRIORITY INVESTMENT AREAS FROM YEAR 2000 TO YEAR 2004
07/26/2000
Hon. Gabriel H. Bordado, Jr
AMENDED: 1997-114

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Category: Agriculture; Business Trade and Industry, Government Revenues; Fees and Taxes, and Labor; Livelihood and Employment
Principal Authors/Sponsors: Hon. Gabriel H. Bordado, Jr.
Enacted: July 26, 2000

Download ordinance here

Summary/Additional Info:
Summary: This ordinance amends Section 12, Chapter 5 of Ordinance No. 97-114, also known as the 1997 Investment Incentives Code of the City of Naga. The primary purpose of this amendment is to extend the period during which investors can avail themselves of incentives in specific priority investment areas, pushing the deadline from Year 2000 to Year 2004. The ordinance specifies that investments within the Panganiban-Roxas Growth Triangle and the South Riverfront Growth Area will continue to be exempt from business tax and all non-regulatory fees and charges up to Year 2004, regardless of the initial availment date of these incentives.

Related Resource:
Past officials of the City of Naga 1945-2022

Other Ordinances