Beruflich Dokumente
Kultur Dokumente
12, 2013
NR # 3224B
campaign financing and provide financial subsidies to political parties to augment their expenditures for campaign. To further empower and professionalize political parties in the country, Rodriguez proposes exemption of voluntary contributions from any person, subject to a certain cap, from the payment of donors tax. Rodriguez proposes penalties on giving voluntary contributions beyond the allowable limits set by law, to promote transparency and performance of mandate free from vested interest. Rodriguez said aside from levelling the playing field or the political arena, the major intent of the bill is to institutionalize reforms in the financing of electoral campaigns to promote accountability and transparency. Likewise, Rodriguez said the bill provide financial subsidies to political parties to augment their expenditures for campaign purposes and support continuing voters education and civic literacy programs through the political parties. The bill mandates the Commission on Audit (COA) to examine the financial reports of the accredited political parties on their use of the State subsidy. Membership dues and voluntary contributions shall also be accounted for separately under a different set of books of accounts, which shall be open to inspection by the COA. Rodriguez said party officials will be required to submit a sworn statement of their assets and liabilities to the Comelec which shall be made available to the public at least six months before elections. Rodriguez said all accredited political parties and their candidates shall be required to submit to the Comelec and make public a disclosure of all contributions as well as expenditures incurred for the use of the State subsidy 30 days after the elections. The bill imposes a penalty of six to 12 years imprisonment and a fine ranging from P50,000 to P5,000,000. (30) dpt