Bill Type
Congress Name
Long Title
AN ACT INSTITUTING CENTRALIZED PROCUREMENT OF PETROLEUM IN THE COUNTRY
Text as filed (link)
Date filed
July 1, 2013
Scope
Legislative History
| House Bill/Resolution NO. HB00176 | |
| FULL TITLE : AN ACT INSTITUTING CENTRALIZED PROCUREMENT OF PETROLEUM IN THE COUNTRY | |
| SHORT TITLE : Centralized Petroleum Procurement Act | |
| ABSTRACT : Requires the institution of a centralized procurement system of all imported crude oil and refined petroleum products, which includes the creation of buffer supplies to cushion consumers against drastic increases in petroleum prices. | |
| PRINCIPAL AUTHOR/S : COLMENARES, NERI | |
| DATE FILED : 2013-07-01 | |
| SIGNIFICANCE: NATIONAL | |
| NATURE : Economic | |
| CO-AUTHORS : | |
| 1. Zarate | 2. Ilagan |
| 3. De Jesus | 4. Tinio |
| 5. Hicap | 6. Ridon |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON ENERGY ON 2013-07-23 |
Abstract
Requires the institution of a centralized procurement system of all imported crude oil and refined petroleum products, which includes the creation of buffer supplies to cushion consumers against drastic increases in petroleum prices.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.