Bill Type
Congress Name
Long Title
AN ACT AMENDING REPUBLIC ACT NO. 8479, OTHERWISE KNOWN AS THE "DOWNSTREAM OIL INDUSTRY DEREGULATION ACT"
Date filed
July 2, 2007
Scope
Legislative History
| House Bill/Resolution NO. HB00346 | |
| FULL TITLE : AN ACT AMENDING REPUBLIC ACT NO. 8479, OTHERWISE KNOWN AS THE "DOWNSTREAM OIL INDUSTRY DEREGULATION ACT" | |
| ABSTRACT : The bill seeks to increase competition at the retail level in order to bring the pump prices of oil products to reasonable levels. It also aims to strengthen the powers of the Department of Energy to enable it to effectively carry out its mandate to inform and protect the public from illicit practices prevailing in the oil industry. | |
| PRINCIPAL AUTHOR/S : ABAYA, JOSEPH EMILIO A. | |
| DATE FILED : 2007-07-02 | |
| SIGNIFICANCE: NATIONAL | |
| CO-AUTHORS (Journal Entries) : | |
| 1. Teodoro (019 ) | 2. Villarosa (016 ) |
| ACTIONS TAKEN BY THE COMMITTEE | |
| COMMITEE HEARINGS/ACTIONS: | |
| 1. Referred to Stakeholders on 2007-09-19 | |
| 2. Scheduled for first meeting/hearing on 2008-08-20 | |
| 3. Under deliberation by the Mother Committee on 2008-08-26 | |
| 4. Under deliberation by the Mother Committee on 2008-09-09 | |
| 5. Under deliberation by the Mother Committee on 2008-11-19 | |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON ENERGY ON 2007-07-24 |
Abstract
The bill seeks to increase competition at the retail level in order to bring the pump prices of oil products to reasonable levels. It also aims to strengthen the powers of the Department of Energy to enable it to effectively carry out its mandate to inform and protect the public from illicit practices prevailing in the oil industry.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.