Bill Type
Congress Name
Long Title
AN ACT ALLOCATING ONE PERCENT (1%) OF THE GROSS ANNUAL EARNINGS OF THE PHILIPPINE AMUSEMENT AND GAMING CORPORATION (PAGCOR) TO FINANCE THE LIVELIHOOD AND POVERTY ALLEVIATION PROGRAMS OF THE TWENTY (20) DEPRESSED PROVINCES OF THE PHILIPPINES
Date filed
March 6, 2002
Scope
Urgent Bill
No
Legislative History
| House Bill/Resolution NO. House Bill No. 4539, 12th Congress of the Republic |
| FULL TITLE : AN ACT ALLOCATING ONE PERCENT (1%) OF THE GROSS ANNUAL EARNINGS OF THE PHILIPPINE AMUSEMENT AND GAMING CORPORATION (PAGCOR) TO FINANCE THE LIVELIHOOD AND POVERTY ALLEVIATION PROGRAMS OF THE TWENTY (20) DEPRESSED PROVINCES OF THE PHILIPPINES |
| ABSTRACT : Rationale: Without sufficient funds, the programs on poverty alleviation of the government will not be fully implemented. The bill aims to assist the government in maximizing its financial resources to help depressed provinces finance their livelihood programs aim at increasing the incomes of families therein. With the allocation of one (1%) percent of the gross earnings of PAGCOR to help finance the livelihood and poverty alleviation programs of the provinces, the goals and objectives of the government will be achieved. |
| PRINCIPAL AUTHOR/S : CRUZ, BENJAMIN A. |
| DATE FILED : 2002-03-06 |
| SIGNIFICANCE: NATIONAL |
| CO-AUTHORS (Journal Entries) : |
| 1. Lozada (016 ) |
| ADMINISTRATION BILL? No |
| URGENT BILL? No |
| COMMITTEE ACTION: chnge of ctte. ref'l from Approp. as per J.37; p.25 |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON APPROPRIATIONS ON 2002-03-13 |
| SECONDARILY REFERRED TO THE COMMITTEE(S) ON TWENTY PRIORITY PROVINCES |
Abstract
Rationale: Without sufficient funds, the programs on poverty alleviation of the government will not be fully implemented. The bill aims to assist the government in maximizing its financial resources to help depressed provinces finance their livelihood programs aim at increasing the incomes of families therein. With the allocation of one (1%) percent of the gross earnings of PAGCOR to help finance the livelihood and poverty alleviation programs of the provinces, the goals and objectives of the government will be achieved.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.