Question & AnswerQ&A (Republic Act No. 3047)
Republic Act No. 3047 aims to amend Section 7 of Republic Act No. 3019 (The Anti-Graft and Corrupt Practices Act) to exempt certain public officials from the requirement to file a sworn statement of assets and liabilities.
Section 7 of Republic Act No. 3019 is amended by Republic Act No. 3047.
Classroom teachers, laborers, casual and temporary employees, and barrio officials are exempted from the requirement to file a sworn statement of assets and liabilities.
Every public officer must file a true detailed and sworn statement of assets and liabilities, including the amounts and sources of income, personal and family expenses, and income taxes paid for the preceding calendar year.
They must file it within thirty days after the approval of the Act or after assuming office, and within the month of January of every other year thereafter, as well as upon expiration of term, resignation, or separation from office.
It must be filed with the office of the corresponding Department Head, or if the filer is a Head of Department or chief of an independent office, with the Office of the President; members of Congress and officials/employees thereof must file with the Office of the Secretary of the corresponding House.
No, such public officers may file their first statements in the following month of January.
The statement must include a detailed account of assets and liabilities, amounts and sources of income, personal and family expenses, and income taxes paid.
The provided text does not specify penalties; these might be found in the original Republic Act No. 3019 or in other related laws.
It took effect upon its approval on June 17, 1961.