Bill Type
Congress Name
Long Title
AN ACT GRANTING MINING ROYALTIES TO INDIGENOUS PEOPLE AND OTHER COMMUNITIES AFFECTED BY MINING OPERATIONS AND ANY OTHER ACTIVITY ARISING FROM THE EXPLORATION, UTILIZATION, EXTRACTION AND DEVELOPMENT OF ANY MINERAL RESOURCE FROM ANY MASS OF LAND OR PROPERTY INCLUDING BODIES OF WATER AND ANY NATURAL RESOURCE THAT THESE PEOPLE AND COMMUNITIES OWN, OCCUPY AND UTILIZE FOR THEIR SOCIAL, ECONOMIC, CULTURAL AND COMMON WELFARE, ESTABLISHING MECHANISMS FOR ITS PROPER PAYMENT, COLLECTION AND ADMINISTRATION AND FOR OTHER PURPOSES
Date filed
February 16, 2005
Scope
Legislative History
| House Bill/Resolution NO. HB03760 | |
| FULL TITLE : AN ACT GRANTING MINING ROYALTIES TO INDIGENOUS PEOPLE AND OTHER COMMUNITIES AFFECTED BY MINING OPERATIONS AND ANY OTHER ACTIVITY ARISING FROM THE EXPLORATION, UTILIZATION, EXTRACTION AND DEVELOPMENT OF ANY MINERAL RESOURCE FROM ANY MASS OF LAND OR PROPERTY INCLUDING BODIES OF WATER AND ANY NATURAL RESOURCE THAT THESE PEOPLE AND COMMUNITIES OWN, OCCUPY AND UTILIZE FOR THEIR SOCIAL, ECONOMIC, CULTURAL AND COMMON WELFARE, ESTABLISHING MECHANISMS FOR ITS PROPER PAYMENT, COLLECTION AND ADMINISTRATION AND FOR OTHER PURPOSES | |
| SHORT TITLE : "Mining Profits Withholding Act of 2005" | |
| ABSTRACT : "Mining Profits Withholding Act of 2005." The bill prescribes the rules to be observed in the repatriation of the profits and capital of foreign mining companies. It prescribes the mining royalty rates to be granted to indigenous people and other communities affected by mining operations. | |
| PRINCIPAL AUTHOR/S : PINGOY, ARTHUR "DODO" JR. Y. M.D. | |
| DATE FILED : 2005-02-16 | |
| SIGNIFICANCE: NATIONAL | |
| CO-AUTHORS (Journal Entries) : | |
| 1. Ipong (061 ) | 2. Antonino-custodio (068 ) |
| 3. Gidaya (003 ) | |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON NATURAL RESOURCES ON 2005-02-21 |
Abstract
"Mining Profits Withholding Act of 2005." The bill prescribes the rules to be observed in the repatriation of the profits and capital of foreign mining companies. It prescribes the mining royalty rates to be granted to indigenous people and other communities affected by mining operations.'
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.