Bill Type
Congress Name
Long Title
AN ACT CURTAILING THE ILLEGAL ACTIVITIES OF RACKETEERS AND POWERFUL SYNDICATES IN THE PHILIPPINES
Date filed
July 30, 2004
Scope
Legislative History
| House Bill/Resolution NO. HB01963 |
| FULL TITLE : AN ACT CURTAILING THE ILLEGAL ACTIVITIES OF RACKETEERS AND POWERFUL SYNDICATES IN THE PHILIPPINES |
| SHORT TITLE : Racketeer Influenced and Corrupt Organization (RICO) Act |
| ABSTRACT : "Racketeer Influenced and Corrupt Organization (RICO) Act." The bill imposes stiff penalties against criminal syndicates such as drug traffickers, money launderers, smugglers, kidnappers, etc., depriving them of their operational fund and denying them the money obtained from their illegal acts by forfeiting it in favor of the government. |
| PRINCIPAL AUTHOR/S : BARBERS, ROBERT ACE S. |
| DATE FILED : 2004-07-30 |
| SIGNIFICANCE: NATIONAL |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON JUSTICE ON 2004-08-09 |
Abstract
"Racketeer Influenced and Corrupt Organization (RICO) Act." The bill imposes stiff penalties against criminal syndicates such as drug traffickers, money launderers, smugglers, kidnappers, etc., depriving them of their operational fund and denying them the money obtained from their illegal acts by forfeiting it in favor of the government.'
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.