Bill Type
Long Title
AN ACT PROVIDING FOR INCENTIVES TO THE SHIPBREAKING INDUSTRY, PROVIDING PENALTIES FOR VIOLATION THEREOF AND FOR OTHER PURPOSES
Date filed
July 23, 1998
Scope
Urgent Bill
No
Legislative History
| House Bill/Resolution NO. HB01259 |
| FULL TITLE : AN ACT PROVIDING FOR INCENTIVES TO THE SHIPBREAKING INDUSTRY, PROVIDING PENALTIES FOR VIOLATION THEREOF AND FOR OTHER PURPOSES |
| ABSTRACT : "The Shipbreaking Industry Incentives Act of 1998". Declares it the policy of the government to promote, encourage and accelerate the development and growth of the shipbreaking industry to (1) provide an alternate and economical source of iron and steel for the construction industries; (2) to create more job opportunities for Filipino workers; (3) to save and generate foreign exchange earningsp; (4) to augment and support the material requirements of the shipping indsutry; and (5) to encouragethe replacement of unseaworthy vessels in the interisland fleet. |
| PRINCIPAL AUTHOR/S : ESPINA, GERARDO S. |
| DATE FILED : 1998-07-23 |
| SIGNIFICANCE: NATIONAL |
| ADMINISTRATION BILL? No |
| URGENT BILL? No |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON TRANSPORTATION AND COMMUNICATIONS ON 1998-07-30 |
| SECONDARILY REFERRED TO THE COMMITTEE(S) ON WAYS AND MEANS |
Abstract
"The Shipbreaking Industry Incentives Act of 1998". Declares it the policy of the government to promote, encourage and accelerate the development and growth of the shipbreaking industry to (1) provide an alternate and economical source of iron and steel for the construction industries; (2) to create more job opportunities for Filipino workers; (3) to save and generate foreign exchange earningsp; (4) to augment and support the material requirements of the shipping indsutry; and (5) to encouragethe replacement of unseaworthy vessels in the interisland fleet.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.