Bill Type
Long Title
AN ACT AMENDING REPUBLIC ACT NUMBER 7227, OTHERWISE KNOWN AS THE 'BASES CONVERSION AND DEVELOPMENT ACT OF 1992' AS AMENDED BY REPUBLIC ACT NUMBER 7917, ADJUSTING THE ALLOCATION OF REVENUES FROM THE SALE, LEASE, JOINT-VENTURE AGREEMENTS AND OTHER TRANSACTIONS INVOLVING MILITARY BASES RESERVATIONS, ALLOCATING FUNDS THEREFOR AND FOR OTHER PURPOSES
Congress Author
Date filed
August 31, 2004
Scope

Legislative History

House Bill/Resolution NO. HB02704
FULL TITLE : AN ACT AMENDING REPUBLIC ACT NUMBER 7227, OTHERWISE KNOWN AS THE 'BASES CONVERSION AND DEVELOPMENT ACT OF 1992' AS AMENDED BY REPUBLIC ACT NUMBER 7917, ADJUSTING THE ALLOCATION OF REVENUES FROM THE SALE, LEASE, JOINT-VENTURE AGREEMENTS AND OTHER TRANSACTIONS INVOLVING MILITARY BASES RESERVATIONS, ALLOCATING FUNDS THEREFOR AND FOR OTHER PURPOSES
ABSTRACT : The bill provides for a) the inclusion of the proceeds of the sale, lease, joint-venture agreements involving military bases and reservations as part of the capitalization of the Conversion Authority; b) rationalization of the funding scheme of the Conversion Authority; c) equitable redistribution of the proceeds from transactions involving military bases, among others.
PRINCIPAL AUTHOR/S : DOMOGAN, MAURICIO G.
DATE FILED : 2004-08-31
SIGNIFICANCE: NATIONAL
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON BASES CONVERSION ON 2004-09-06
SECONDARILY REFERRED TO THE COMMITTEE(S) ON APPROPRIATIONS

Abstract

The bill provides for a) the inclusion of the proceeds of the sale, lease, joint-venture agreements involving military bases and reservations as part of the capitalization of the Conversion Authority; b) rationalization of the funding scheme of the Conversion Authority; c) equitable redistribution of the proceeds from transactions involving military bases, among others.'

Disclaimer

Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.