Bill Type
Congress Name
Full Title of Bill
AN ACT INSTITUTIONALIZING THE POSITION OF ECONOMIC AND INVESTMENT PROMOTION OFFICER IN LOCAL GOVERNMENT UNITS, AMENDING FOR THE PURPOSE REPUBLIC ACT NO. 7160, OTHERWISE KNOWN AS THE "LOCAL GOVERNMENT CODE OF 1991"
Text as filed (link)
Date filed
March 14, 2023
Date Read
March 20, 2023
Bill Status
Pending with the Committee on LOCAL GOVERNMENT since 2023-03-20
Committee Details
Primary Committee
Legislative History
| House Bill/Resolution NO. HB07592 |
| FULL TITLE : AN ACT INSTITUTIONALIZING THE POSITION OF ECONOMIC AND INVESTMENT PROMOTION OFFICER IN LOCAL GOVERNMENT UNITS, AMENDING FOR THE PURPOSE REPUBLIC ACT NO. 7160, OTHERWISE KNOWN AS THE “LOCAL GOVERNMENT CODE OF 1991†|
| ABSTRACT : Provides for the qualifications of the municipal, city, and provincial economic and investment promotion officer such as a college degree holder preferably in Economics, Business Administration/Management, and must have acquired experience in economics or investment policy making or management or related field. Tasks the promotion officer to take charge of the following: Local investment and incentives code; Local economic and investment promotion policies, projects, and activities; Promotion and marketing of the LGU as an investment location; Business potentials of the LGU to prospective investors; Generation of investments and other matters relative to economic development; Local economics database, etc. |
| PRINCIPAL AUTHOR/S : FARI�AS, RUDYS CAESAR I G. |
| DATE FILED : 2023-03-14 |
| SIGNIFICANCE: NATIONAL |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON LOCAL GOVERNMENT ON 2023-03-20 |
Abstract
ABSTRACT : Provides for the qualifications of the municipal, city, and provincial economic and investment promotion officer such as a college degree holder preferably in Economics, Business Administration/Management, and must have acquired experience in economics or investment policy making or management or related field. Tasks the promotion officer to take charge of the following: Local investment and incentives code; Local economic and investment promotion policies, projects, and activities; Promotion and marketing of the LGU as an investment location; Business potentials of the LGU to prospective investors; Generation of investments and other matters relative to economic development; Local economics database, etc.
Significance