Bill Type
Long Title
AN ACT CREATING THE PHILIPPINE OIL CORPORATION, DEFINING ITS POWERS AND FUNCTIONS, PROVIDING FUNDS THEREFOR, AND FOR OTHER PURPOSES
Date filed
October 19, 2000
Scope
Urgent Bill
No
Legislative History
| House Bill/Resolution NO. HB12548 |
| FULL TITLE : AN ACT CREATING THE PHILIPPINE OIL CORPORATION, DEFINING ITS POWERS AND FUNCTIONS, PROVIDING FUNDS THEREFOR, AND FOR OTHER PURPOSES |
| ABSTRACT : "Charter of the Philippine Oil Corporation". This bill seeks to create a government-owne d and controlled oil corporation which shall be primarily responsible to monitor and control the adequate and continuous supply of the country's oil and petroleum requirements. This will lower the prices of oil products and eventually halt the series of oil price hikes which is detrimental to the welfare of the Filipino people. |
| PRINCIPAL AUTHOR/S : SUPLICO, ROLEX T. |
| DATE FILED : 2000-10-19 |
| SIGNIFICANCE: NATIONAL |
| ADMINISTRATION BILL? No |
| URGENT BILL? No |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON GOVERNMENT ENTERPRISES AND PRIVATIZATION ON 2000-10-23 |
| SECONDARILY REFERRED TO THE COMMITTEE(S) ON APPROPRIATIONS |
Abstract
"Charter of the Philippine Oil Corporation". This bill seeks to create a government-owne d and controlled oil corporation which shall be primarily responsible to monitor and control the adequate and continuous supply of the country's oil and petroleum requirements. This will lower the prices of oil products and eventually halt the series of oil price hikes which is detrimental to the welfare of the Filipino people.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.