Magnitude of Assistance.
Section 2
SEC. 2. Magnitude of Assistance.—A maximum of twenty per cent (20%) of national internal revenue taxes shall be available for national assistance to local government units: Provided, That the national revenue used as basis in computation shall exclude receipts accruing to Special or Fiduciary Funds and to Special Accounts in the General Fund, amounts authorized by law to be used by the collecting agency, and amounts recorded as income of the General Fund but which are charged to appropriations in the General or other Appropriations Laws. The amount of assistance shall be computed on the basis of collections received by the national government during the third fiscal year preceeding the fiscal year during which the assistance is distributed. Compliance shall be reckoned taking into account general budgetary assistance and assistance specifically intended for local schools, reforestation projects, or other priority local activities supported by the national government.