Annual Income Requirement For Coversion Of A Municipality Into A City

An Act Amending Section 450 Of Republic Act No. 7160, Otherwise Known As The Local Government Code Of 1991, As Amended, By Allowing The Conversion Of A Municipality Which Has A Land Area Of At Least Fifty (50) Square Kilometers Or Inhabitants Of At Least Twenty Five Thousand (25,000) Into A Component City If It Has A Locally Generated Average Annual Income Of At Least Two Hundred Twenty Million Pesos (P220,000,000.00) For The Last Two Consecutive Years Based On The Year 2010 Constant Prices