Bill Type
Long Title
AN ACT REQUIRING GOVERNMENT-OWNE D AND/OR -CONTROLLED CORPORATIONS TO SUBMIT THEIR ANNUAL BUDGETS TO CONGRESS AND FOR OTHER PURPOSES
Date filed
August 11, 2000
Scope
Urgent Bill
No
Legislative History
| House Bill/Resolution NO. HB11996 | |
| FULL TITLE : AN ACT REQUIRING GOVERNMENT-OWNE D AND/OR -CONTROLLED CORPORATIONS TO SUBMIT THEIR ANNUAL BUDGETS TO CONGRESS AND FOR OTHER PURPOSES | |
| ABSTRACT : The Constitution provides that the power of the purse is fully reposed in Congress. In consonance with the aforecited mandate, the proposed bill would require all government-owne d and/or controlled corporations and enterprises to submit to Congressfor approval their respective annual budget of expenditures and sources of financing. | |
| PRINCIPAL AUTHOR/S : ABAYON, HARLIN CAST. | |
| DATE FILED : 2000-08-11 | |
| SIGNIFICANCE: NATIONAL | |
| CO-AUTHORS : | |
| 1. | 2. |
| ADMINISTRATION BILL? No | |
| URGENT BILL? No | |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON APPROPRIATIONS ON 2000-08-21 | |
| SECONDARILY REFERRED TO THE COMMITTEE(S) ON GOVERNMENT ENTERPRISES AND PRIVATIZATION |
Abstract
The Constitution provides that the power of the purse is fully reposed in Congress. In consonance with the aforecited mandate, the proposed bill would require all government-owne d and/or controlled corporations and enterprises to submit to Congressfor approval their respective annual budget of expenditures and sources of financing.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.