Committee Details
Legislative History
| House Bill/Resolution NO. HB05008 |
| FULL TITLE : AN ACT REPEALING THE INCENTIVE PROVISIONS OF INDUSTRY AND SECTOR-SPECIFIC AND INVESTMENTS AND INCENTIVES-RELATED LAWS, AND FOR OTHER PURPOSES |
| ABSTRACT : Seeks to balance and correct the influx of incentives to dormant industries or sectors. Proposes to repeal incentives provisions pertaining to the ff. laws: a) Phil. Mining; b) Downstream Oil Deregulation; c) Ecological Solid Waste Management; d) Revised Forestry Code; e) Phil. Clean Water; f) Book Pub. Industry Dev’t. Act; g) Renewable Energy; h) Coal Dev’t.; i) Exploration & Dev’t. of Geothermal Resources; j) Iron and Steel Industry; k) Mini-Hydroelectric Power Incentive; l) Urban Dev’t. Housing; m) Phil. Overseas Shipping; n) Local Water Districts; o) Nat’l. Dairy Dev’t.; p) Agriculture and Fisheries Modernization, amendment; q) Footwear, Leather, Goods and Tannery Industries Dev’t.; r) Domestic Shipping Dev’t.; s) Seed Industry Dev’t.; t) High-Value Crops Dev’t; u)Phil. Fisheries Code; v) Jewelry Industry Dev’t.; w) People’s Small-Scale Mining; x) Organic Agriculture; y) Public Telecom. Policy; z) Financing, Construction, Operation and Maintenance of Infrastructure Projects by the Private Sector. |
| PRINCIPAL AUTHOR/S : TAMBUNTING, GUS S. |
| DATE FILED : 2022-09-20 |
| SIGNIFICANCE: NATIONAL |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON TRADE AND INDUSTRY ON 2022-09-22 |
Abstract
ABSTRACT : Seeks to balance and correct the influx of incentives to dormant industries or sectors. Proposes to repeal incentives provisions pertaining to the ff. laws: a) Phil. Mining; b) Downstream Oil Deregulation; c) Ecological Solid Waste Management; d) Revised Forestry Code; e) Phil. Clean Water; f) Book Pub. Industry Dev't. Act; g) Renewable Energy; h) Coal Dev't.; i) Exploration & Dev't. of Geothermal Resources; j) Iron and Steel Industry; k) Mini-Hydroelectric Power Incentive; l) Urban Dev't. Housing; m) Phil. Overseas Shipping; n) Local Water Districts; o) Nat'l. Dairy Dev't.; p) Agriculture and Fisheries Modernization, amendment; q) Footwear, Leather, Goods and Tannery Industries Dev't.; r) Domestic Shipping Dev't.; s) Seed Industry Dev't.; t) High-Value Crops Dev't; u)Phil. Fisheries Code; v) Jewelry Industry Dev't.; w) People's Small-Scale Mining; x) Organic Agriculture; y) Public Telecom. Policy; z) Financing, Construction, Operation and Maintenance of Infrastructure Projects by the Private Sector.