Bill Type
Long Title
AN ACT PROVIDING PROMPT PAYMENT TO ALL DOMESTIC MANUFACTURERS, CONTRACTORS AND SUPPLIERS OF MATERIALS, GOODS AND/OR SERVICES DOING BUSINESS WITH THE GOVERNMENT OR IT'S INSTRUMENTALITI ES INCLUDING GOVERNMENT-OWNE D OR -CONTROLLED CORPORATIONS WITHINFIFTEEN (15) WORKING DAYS UPON SUBMISSION OF COMPLETE BILLING DOCUMENTS AND FOR OTHER PURPOSES
Date filed
July 21, 1998
Scope
Urgent Bill
No
Legislative History
| House Bill/Resolution NO. HB01181 |
| FULL TITLE : AN ACT PROVIDING PROMPT PAYMENT TO ALL DOMESTIC MANUFACTURERS, CONTRACTORS AND SUPPLIERS OF MATERIALS, GOODS AND/OR SERVICES DOING BUSINESS WITH THE GOVERNMENT OR IT'S INSTRUMENTALITI ES INCLUDING GOVERNMENT-OWNE D OR -CONTROLLED CORPORATIONS WITHINFIFTEEN (15) WORKING DAYS UPON SUBMISSION OF COMPLETE BILLING DOCUMENTS AND FOR OTHER PURPOSES |
| ABSTRACT : "The Government's Prompt Payment Act". Proposes a PROMPT PAYMENT SCHEME intended to reduce the bureaucratic red tape, and to enhance the viability of small and medium -scale enterprises dealing with the government. |
| PRINCIPAL AUTHOR/S : CERILLES, AURORA E. |
| DATE FILED : 1998-07-21 |
| SIGNIFICANCE: NATIONAL |
| ADMINISTRATION BILL? No |
| URGENT BILL? No |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON REVISION OF LAWS ON 1998-07-30 |
Abstract
"The Government's Prompt Payment Act". Proposes a PROMPT PAYMENT SCHEME intended to reduce the bureaucratic red tape, and to enhance the viability of small and medium -scale enterprises dealing with the government.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.