Legislative History
| House Bill/Resolution NO. HB00166 | |
| FULL TITLE : AN ACT ESTABLISHING THE COCONUT FARMERS AND INDUSTRY DEVELOPMENT TRUST FUND AND PROVIDING FOR ITS MANAGEMENT AND UTILIZATION | |
| ABSTRACT : Seeks to create a trust fund to be maintained for a period not to exceed thirty (30) years or until the fund is fully utilized which shall be used exclusively for the ultimate benefit of coconut farmers and for the development of the coconut industry.Provides for a Ten Billion Pesos (Php 10,000,000,000.00) Jumpstart Fund which may be used within two (2) years commencing from the approval of the Plan by the President to jumpstart the development of the industry; Creates the Coconut Farmers and Industry Trust Fund Committee to coordinate and monitor the implementation of the Coconut Farmers and Industry Development Plan; Conducts complete accounting and inventory of all Coconut Levy Assets by the PCGG; Allows audit by the Commission on Audit on the inventory of the Coconut Levy Assets prepared by the PCGG; and allows privatization of non-cash coconut levy assets which shall be determine by the Governance Commission for Government-Owned or Controlled Corporations. | |
| PRINCIPAL AUTHOR/S : TAN, ANGELINA "HELEN" D.L. M.D. | |
| DATE FILED : 2019-07-01 | |
| SIGNIFICANCE: NATIONAL | |
| CO-AUTHORS (Journal Entries) : | |
| 1. Madrona (000 2019-08-06) | 2. Nieto (000 2019-10-02) |
| ACTIONS TAKEN BY THE COMMITTEE | |
| COMMITEE HEARINGS/ACTIONS: | |
| 1. Deliberated upon by the Mother Committee on 2019-09-23 | |
| 2. Deliberated by the TWG on 2019-11-04 | |
| 3. Deliberated upon by the Mother Committee on 2020-02-18 | |
| 4. Measure approved by the Committee on 2020-09-11 | |
| 5. Transmitted to the Committee on Appropriations on 2020-09-15 | |
| MOTHER BILL: HB08136 | |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON AGRICULTURE AND FOOD ON 2019-07-23 |
Abstract
Seeks to create a trust fund to be maintained for a period not to exceed thirty (30) years or until the fund is fully utilized which shall be used exclusively for the ultimate benefit of coconut farmers and for the development of the coconut industry.Provides for a Ten Billion Pesos (Php 10,000,000,000.00) Jumpstart Fund which may be used within two (2) years commencing from the approval of the Plan by the President to jumpstart the development of the industry; Creates the Coconut Farmers and Industry Trust Fund Committee to coordinate and monitor the implementation of the Coconut Farmers and Industry Development Plan; Conducts complete accounting and inventory of all Coconut Levy Assets by the PCGG; Allows audit by the Commission on Audit on the inventory of the Coconut Levy Assets prepared by the PCGG; and allows privatization of non-cash coconut levy assets which shall be determine by the Governance Commission for Government-Owned or Controlled Corporations.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.