Taxation Laws (compiled codal)
Section 15. Section 290 of the National Internal Revenue Code of 1997, as amended, is hereby further amended to read as follows:
"SEC. 290. Congressional Oversight Committee.
"A Congressional Oversight Committee, hereinafter referred to as the Committee, is herevy constituted in accordance with the provisions of this Code. The Committee shall be composed of the Chairperson of the Committee on Ways and Means of the Senate and House of Representatives and four (4) additional members from each House, to be designated by the
Speaker of the House of Representatives and the Senate President, respectively.
"The Committee shall, among others, in aid of legislation:
"(1) x x x;
"(2) x x x;
"(3) x x x;
"(4) x x x; and
"(5) Review the performance of the Fiscal Incentives Review Board.
x x x.