Bill Type
Congress Name
Long Title
FULL TITLE : AN ACT STRENGTHENING REPUBLIC ACT 9501, OTHERWISE KNOWN AS THE "MAGNA CARTA FOR MICRO, SMALL, AND MEDIUM ENTERPRISES" AND FOR OTHER PURPOSES
Text as filed (link)
Date filed
August 22, 2018
Scope
Legislative History
| House Bill/Resolution NO. HB08129 |
| FULL TITLE : AN ACT STRENGTHENING REPUBLIC ACT 9501, OTHERWISE KNOWN AS THE "MAGNA CARTA FOR MICRO, SMALL, AND MEDIUM ENTERPRISES" AND FOR OTHER PURPOSES |
| ABSTRACT : Seeks to amend Republic Act No. 9501 to address the lack of access to domestic and international markets, as one among the barriers/issues that hinder the growth and development of MSMEs.Aims to provide another avenue by which MSMEs can gain market access on a continuing basis by inserting the following amendment to the existing law: "PRIVATE MALLS AND SUPERMARKETS SHALL PROVIDE AT LEAST TEN PERCENT (10%) OF THEIR TOTAL SELLING AREA, FREE OF CHARGE, TO QUALIFIED MSMEs WHICH WILL BE IDENTIFIED BY THE DEPARTMENT OF TRADE AND INDUSTRY". |
| PRINCIPAL AUTHOR/S : UNABIA, PETER "SR. PEDRO" M. |
| DATE FILED : 2018-08-22 |
| SIGNIFICANCE: NATIONAL |
| ACTIONS TAKEN BY THE COMMITTEE |
| COMMITEE HEARINGS/ACTIONS: |
| 1. Referred to the Technical Working Group (TWG) on 2018-09-25 |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON MICRO, SMALL AND MEDIUM ENTERPRISE DEVELOPMENT ON 2018-08-29 |
Abstract
Seeks to amend Republic Act No. 9501 to address the lack of access to domestic and international markets, as one among the barriers/issues that hinder the growth and development of MSMEs.Aims to provide another avenue by which MSMEs can gain market access on a continuing basis by inserting the following amendment to the existing law: "PRIVATE MALLS AND SUPERMARKETS SHALL PROVIDE AT LEAST TEN PERCENT (10%) OF THEIR TOTAL SELLING AREA, FREE OF CHARGE, TO QUALIFIED MSMEs WHICH WILL BE IDENTIFIED BY THE DEPARTMENT OF TRADE AND INDUSTRY"
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.