Bill Type
Congress Name
Long Title
AN ACT CREATING THE GOVERNMENT ASSET MANAGEMENT AUTHORITY, DEFINING ITS POWERS AND FUNCTIONS, APPROPRIATING FUNDS THEREFOR AND FOR OTHER PURPOSES
Date filed
July 12, 2007
Scope
Legislative History
| House Bill/Resolution NO. HB01098 |
| FULL TITLE : AN ACT CREATING THE GOVERNMENT ASSET MANAGEMENT AUTHORITY, DEFINING ITS POWERS AND FUNCTIONS, APPROPRIATING FUNDS THEREFOR AND FOR OTHER PURPOSES |
| SHORT TITLE : "Government Asset Management Act of 2007" |
| ABSTRACT : "Government Asset Management Act of 2007". The bill seeks to establish the Government Asset Management Authority (GAMA) that shall be responsible for the privatization and disposition of non-performing government assets and the recovery ill-gotten wealth of government officials. The GAMA is envisioned to take over and continue the powers, functions and duties of the Presidential Commission on Good Government, the Privatization Council and the Privatization Management Office. |
| PRINCIPAL AUTHOR/S : ONG, EMIL L. |
| DATE FILED : 2007-07-12 |
| SIGNIFICANCE: NATIONAL |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON GOVERNMENT ENTERPRISES AND PRIVATIZATION ON 2007-08-01 |
Abstract
"Government Asset Management Act of 2007". The bill seeks to establish the Government Asset Management Authority (GAMA) that shall be responsible for the privatization and disposition of non-performing government assets and the recovery ill-gotten wealth of government officials. The GAMA is envisioned to take over and continue the powers, functions and duties of the Presidential Commission on Good Government, the Privatization Council and the Privatization Management Office.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.