- CONGRESS OF THE PHILIPPINES TWENTIETH CONGRESS First Regular Session SENATE S. No. 1743 PREPARED AND SUBMITTED JOINTLY BY THE COMMITTEES ON SPORTS; WAYS AND MEANS; AND FINANCE, WITH SENATORS CAYETANO (P.), GO, ESTRADA, TULFO (R.), VILLANUEVA, VILLAR (C.), PANGILINAN, LEGARDA, AND VILLAR (M.) AS AUTHORS THEREOF AN ACT AMENDING REPUBLIC ACT NO. 10699 OR THE "NATIONAL ATHLETES AND COACHES BENEFITS AND INCENTIVES ACT" Be it enacted by the Senate and House of Representatives of the Philippines in Congress assembled:
SECTION 1. Section 3 of Republic Act No. 10699 or
the "National Athletes and Coaches and Benefits Incentives Act" is hereby amended to read as follows: "SEC. 3. Definition of Terms. - For purposes of this Act, the following terms shall be defined as follows: (a) XXX
• (b) International sports competitions shall refer to international sports competitions under the following categories: (1) xxx XXX (2) (3) Asian-level competitions held at least every two (2) years with at least [twenty five (25)] FIVE (5) countries participating by sport; and (4) Qualifying competitions for World-level games with at least ten (10) countries participating. Competitions granting prize money shall not be included. xxx."
SEC. 2. Section 8 of Republic Act No. 10699 is hereby
amended to read as follows: "SEC. 8. Cash Incentives for Athletes. - National athletes and other athletes who are not officially or currently members of the national training pool but who have otherwise
represented the country in international sports competitions, who win gold, silver and bronze medals in international sports competitions shall be entitled to cash incentives • in the following amounts: (a) Individual Events (1) For Gold Medalists: (i) Ten million pesos (P10,000,000.00) and an Olympic Gold Medal of Valor to be issued by the PSC for Summer Olympic GAMES, [and) Winter Olympic Games, AND PARALYMPIC GAMES; (ii) Five million pesos (P5,000,000.00) and an Olympic Gold Medal of Valor to be issued by the PSC for Youth Olympic Games • [and Paralympic Games]; (iii) Two million pesos (P2,000,000.00) for Asian Games, Asian Winter Games, ASIAN PARA GAMES, and Asian Indoor and Martial Arts Games;
(iv) One million pesos (P1,000,000.00) for (Asian Para Games and) World-level competitions held at least every two (2) years with at least forty-five (45) countries participating; (v) Five hundred thousand pesos (P500,000.00) for Asian Beach Games, [and] Asian-level competitions held at least every two (2) years with at least [twenty five (25)] FIVE (5) countries participating, and qualifying competitions for World-level and Asian-level games; AND (vi) Three hundred thousand pesos (P300,000.00) for SEA Games AND ASEAN PARA GAMES ‡ and]. [vii. One hundred fifty thousand pesos (P150,000.00) for ASEAN Para Games.] (2) For Silver Medalists: (i) Five million pesos (P5,000,000.00) for Summer Olympic GAMES, [and] Winter Olympic Games, AND PARALYMPIC GAMES;
(ii) Two million five hundred thousand pesos (P2,500,000.00) for Youth Olympic Games [and Paralympic Games]; (iii) One million pesos (P1,000,000.00) for Asian Games, Asian Winter Games, ASIAN PARA GAMES, and Asian Indoor and Martial Arts Games; (iv) Five hundred thousand pesos (P500,000.00) for [Asian Para Games and] World-level competitions held at least every two (2) years with at least forty-five (45) countries participating; (v) Two hundred fifty thousand pesos (P250,000.00) for Asian Beach Games, [and] Asian-level competitions held at least every two (2) years with at least [twenty five (25)] FIVE (5) countries and participating, qualifying competitions for World-level and Asian-level games; AND
(vi) One hundred fifty thousand pesos (P150,000.00) for SEA Games AND ASEAN PARA GAMES [and]. [vii. Seventy five thousand pesos (P75,000.00) for ASEAN Para Games.] (3) For Bronze Medalists: (i) Two million pesos (P2,000,000.00) for Summer Olympic GAMES, [and] Winter Olympic Games, AND PARALYMPIC GAMES; (ii) One million pesos (P1,000,000.00) for Youth Olympic Games [and Paralympie Games]; (iii) Four hundred thousand pesos (P400,000.00) for Asian Games, Asian Winter Games, ASIAN PARA GAMES, and Asian Indoor and Martial Arts Games; (iv) Two hundred thousand pesos (P200,000.00) World-level for [Asian Para - Games and competitions held at least every two (2) years with at least forty- five (45) countries participating;
(v) One hundred thousand pesos (P100,000.00) [and] Asian-level for Asian Beach Games, competitions held at least every two (2) years with at least [twenty five (25) FIVE (5) countries participating and qualifying competitions for World-level and Asian level games; AND (vi) Sixty thousand pesos (P60,000.00) for SEA Games AND ASEAN PARA GAMES [and]. fvii. Thirty thousand pesos (P30,000.00) for ASEAN Para Games.] xxx."
SEC 3. A new Section 10-A is hereby inserted after
Section 10 of Republic Act No. 10699 to read as follows:
"SEC. 10-A. TAX EXEMPTION AND DEDUCTION. - INCENTIVES, BONUSES, REWARDS, AND OTHER FORMS OF EMOLUMENTS, GIFTS, ENDOWMENTS, AND CONTRIBUTIONS GRANTED,
WHETHER BY PUBLIC OR PRIVATE ENTITIES OR INDIVIDUALS, TO NATIONAL ATHLETES WHO WIN IN INTERNATIONAL SPORTS COMPETITIONS AND THEIR COACHES, SHALL BE EXEMPT FROM ALL NATIONAL AND LOCAL TAXES, FEES, AND CHARGES. DONATIONS, GIFTS, ENDOWMENTS, AND CONTRIBUTIONS FROM PRIVATE ENTITIES AND INDIVIDUALS MADE IN FAVOR OF SUCH ATHLETES AND COACHES SHALL BE FULLY DEDUCTIBLE FROM THE DONOR'S GROSS INCOME AND EXEMPT FROM THE PAYMENT OF DONOR'S TAX. THE TAX EXEMPTION OR DEDUCTION GRANTED UNDER THIS ACT SHALL BE SUBJECT TO THE RULES AND REGULATIONS ISSUED BY THE SECRETARY OF FINANCE,
UPON THE RECOMMENDATION OF THE COMMISSIONER OF INTERNAL REVENUE. OF SUCH THE AVAILMENT EXEMPTION OR DEDUCTION SHALL BE A BAR TO ANY CLAIM OF SIMILAR TAX RELIEFS UNDER OTHER GENERAL OR SPECIAL LAWS."
SEC. 4. Implementing Rules and Regulations. -
9 Within thirty (30) days from the effectivity of this Act, the Philippine Sports Commission (PSC), in consultation with the Philippine Olympic Committee (POC), the National Paralympic Committee of the Philippines (NPC PHIL), and other concerned agencies, shall promulgate the rules and regulations to effectively implement the provisions of this Act.
SEC. 5. Separability Clause. - If any provision of this
17 Act is declared unconstitutional, the remainder hereof not otherwise affected shall remain in full force and effect.
SEC. 6. Repealing Clause. - All laws, presidential
executive orders, letters of decrees, instruction, 3 proclamations, administrative orders, rules, or regulations 4 that are inconsistent with the provisions of this Act are 5 hereby repealed, amended, or modified accordingly.
SEC. 7. Effectivity. - This Act shall take effect after
7 fifteen (15) days following its publication in the Official Gazette or in a newspaper of general circulation. Approved,