Bill Type
Congress Name
Long Title
AN ACT TO AMEND CHAPTER V, BOOK VI OF THE ADMINISTRATIVE CODE OF 1987 (RE: POWER OF THE PRESIDENT TO IMPOUND FUNDS)
Date filed
August 24, 2001
Scope
Urgent Bill
No
Legislative History
| House Bill/Resolution NO. House Bill No. 2677, 12th Congress of the Republic |
| FULL TITLE : AN ACT TO AMEND CHAPTER V, BOOK VI OF THE ADMINISTRATIVE CODE OF 1987 (RE: POWER OF THE PRESIDENT TO IMPOUND FUNDS) |
| ABSTRACT : This bill refers to Section 38, Chapter 5 of the Administration Code if 1987 on the power of the President to impound funds. > Rationale: Impounding can harm the integrity of the budget process. The President may allow the budget to be bloated, knowing that he can opt not to implement projects and programs by his power to impound fund.> Impounding powers of the President could harm the integrity and rationality of the budget process in waste of scarce government resources and/or possible sacrifice of long-term growth potentials. |
| PRINCIPAL AUTHOR/S : SUPLICO, ROLEX T. |
| DATE FILED : 2001-08-24 |
| SIGNIFICANCE: NATIONAL |
| CO-AUTHORS : |
| 1. Espino |
| ADMINISTRATION BILL? No |
| URGENT BILL? No |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON REVISION OF LAWS ON 2001-09-03 |
| SECONDARILY REFERRED TO THE COMMITTEE(S) ON APPROPRIATIONS |
Abstract
This bill refers to Section 38, Chapter 5 of the Administration Code if 1987 on the power of the President to impound funds. > Rationale: Impounding can harm the integrity of the budget process. The President may allow the budget to be bloated, knowing that he can opt not to implement projects and programs by his power to impound fund.> Impounding powers of the President could harm the integrity and rationality of the budget process in waste of scarce government resources and/or possible sacrifice of long-term growth potentials.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.