Bill Type
Congress Name
Long Title
AN ACT REQUIRING ALL INDEPENDENT POWER PRODUCERS, GENERATION COMPANIES OR ENERGY RESOURCE DEVELOPERS TO REMIT THE AMOUNT THEY ARE REQUIRED TO SET ASIDE AS FINANCIAL BENEFIT TO HOST COMMUNITIES
Date filed
August 13, 2007
Scope
Legislative History
| House Bill/Resolution NO. HB02025 |
| FULL TITLE : AN ACT REQUIRING ALL INDEPENDENT POWER PRODUCERS, GENERATION COMPANIES OR ENERGY RESOURCE DEVELOPERS TO REMIT THE AMOUNT THEY ARE REQUIRED TO SET ASIDE AS FINANCIAL BENEFIT TO HOST COMMUNITIES |
| ABSTRACT : In order to expedite the remittance of the financial benefit (one centavo per kilowatt hour of the total electricity sales) that independent power products, generation companies and energy resource developers are required to set aside for the affected host communities, the bill directs said entities to remit the benefits directly to the communities concerned. |
| PRINCIPAL AUTHOR/S : MANDANAS, HERMILANDO I. |
| DATE FILED : 2007-08-13 |
| SIGNIFICANCE: NATIONAL |
| CO-AUTHORS (Journal Entries) : |
| 1. Villarosa (023 ) |
| ACTIONS TAKEN BY THE COMMITTEE |
| COMMITEE HEARINGS/ACTIONS: |
| 1. Scheduled for first meeting/hearing on 2008-08-12 |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON ENERGY ON 2007-08-29 |
Abstract
In order to expedite the remittance of the financial benefit (one centavo per kilowatt hour of the total electricity sales) that independent power products, generation companies and energy resource developers are required to set aside for the affected host communities, the bill directs said entities to remit the benefits directly to the communities concerned.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.