Bill Type
Congress Name
Long Title
AN ACT REQUIRING 50% OF PROFITS AND CAPITAL BY MINING COMPANIES OPERATING IN THE PHILIPPINES TO BE RETAINED IN GOVERNMENT BANKS FOR A MINIMUM PERIOD OF TWENTY-FIVE (25) YEARS, ESTABLISHING MECHANISMS FOR ITS PROPER RETENTION AND ADMINISTRATION AND FOR OTHER PURPOSES
Date filed
February 16, 2005
Scope
Legislative History
| House Bill/Resolution NO. HB03761 | |
| FULL TITLE : AN ACT REQUIRING 50% OF PROFITS AND CAPITAL BY MINING COMPANIES OPERATING IN THE PHILIPPINES TO BE RETAINED IN GOVERNMENT BANKS FOR A MINIMUM PERIOD OF TWENTY-FIVE (25) YEARS, ESTABLISHING MECHANISMS FOR ITS PROPER RETENTION AND ADMINISTRATION AND FOR OTHER PURPOSES | |
| SHORT TITLE : Mining Profits Withholdings Act of 2005 | |
| ABSTRACT : "Mining Profits Withholdings Act of 2005." The bill presrcibes the rules that shall govern the repatriation of profits and capital by foreign mining companies. | |
| PRINCIPAL AUTHOR/S : PINGOY, ARTHUR "DODO" JR. Y. M.D., GULLAS, EDUARDO R. | |
| DATE FILED : 2005-02-16 | |
| SIGNIFICANCE: NATIONAL | |
| CO-AUTHORS (Journal Entries) : | |
| 1. Ipong (061 ) | 2. Antonino-custodio (068 ) |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON NATURAL RESOURCES ON 2005-02-21 |
Abstract
"Mining Profits Withholdings Act of 2005." The bill presrcibes the rules that shall govern the repatriation of profits and capital by foreign mining companies.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.