Bill Type
Congress Name
Long Title
AN ACT RATIONALIZING THE OPERATION OF GOVERNMENT-OWNED OR CONTROLLED CORPORATIONS, PROVIDING FOR THE UNIFORM COMPOSITION AND POWERS OF THEIR GOVERNING BOARDS, THE MANNER OF APPOINTMENT AND TERM OF OFFICE OF THE PRESIDENT OR GENERAL MANAGER AND OTHER SENIOR OFFICERS, PUTTING A CAP ON THEIR SALARIES AND ALLOWANCES, AND FOR OTHER PURPOSES
Date filed
July 5, 2007
Scope
Legislative History
| House Bill/Resolution NO. HB00789 |
| FULL TITLE : AN ACT RATIONALIZING THE OPERATION OF GOVERNMENT-OWNED OR CONTROLLED CORPORATIONS, PROVIDING FOR THE UNIFORM COMPOSITION AND POWERS OF THEIR GOVERNING BOARDS, THE MANNER OF APPOINTMENT AND TERM OF OFFICE OF THE PRESIDENT OR GENERAL MANAGER AND OTHER SENIOR OFFICERS, PUTTING A CAP ON THEIR SALARIES AND ALLOWANCES, AND FOR OTHER PURPOSES |
| ABSTRACT : The bill provides for the composition, powers and functions of the Board of Directors of government owned and controlled corporations; the powers and duties of the General Manager, and the salaries and allowances of their officers. It provides for the creation of a Government Corporate Committee and its duties and functions. |
| PRINCIPAL AUTHOR/S : DEFENSOR, ARTHUR D. |
| DATE FILED : 2007-07-05 |
| SIGNIFICANCE: NATIONAL |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON GOVERNMENT ENTERPRISES AND PRIVATIZATION ON 2007-07-31 |
Abstract
The bill provides for the composition, powers and functions of the Board of Directors of government owned and controlled corporations; the powers and duties of the General Manager, and the salaries and allowances of their officers. It provides for the creation of a Government Corporate Committee and its duties and functions.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.