Bill Type
Congress Name
Long Title
AN ACT LOWERING THE COSTS OF MEDICINES AND HEALTH CARE IN THE PHILIPPINES BY EXEMPTING THE SALE, IMPORTATION, PROCESSING, REPACKING OR MANUFACTURING OF MEDICINES; PHARMACEUTICAL PRODUCTS; MEDICAL AND DENTAL AND HOSPITAL EQUIPMENT; AND RAW MATERIALSTO BE USED IN THE MANUFACTURE THEREOF, FROM ALL DUTIES AND TAXES
Date filed
August 2, 2001
Scope
Urgent Bill
No
Legislative History
| House Bill/Resolution NO. House Bill No. 1956, 12th Congress of the Republic |
| FULL TITLE : AN ACT LOWERING THE COSTS OF MEDICINES AND HEALTH CARE IN THE PHILIPPINES BY EXEMPTING THE SALE, IMPORTATION, PROCESSING, REPACKING OR MANUFACTURING OF MEDICINES; PHARMACEUTICAL PRODUCTS; MEDICAL AND DENTAL AND HOSPITAL EQUIPMENT; AND RAW MATERIALSTO BE USED IN THE MANUFACTURE THEREOF, FROM ALL DUTIES AND TAXES |
| ABSTRACT : Rationale: With the elimination of these duties and taxes, the costs of goods directly related to health care will be lowered and the manufacturers and distributors can then pass on the benefit to the Filipino consumer. This will eventually translate into a lower cost of health care for all Filipinos. |
| PRINCIPAL AUTHOR/S : CALIZO, GABRIELLE V. |
| DATE FILED : 2001-08-02 |
| SIGNIFICANCE: NATIONAL |
| ADMINISTRATION BILL? No |
| URGENT BILL? No |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON WAYS AND MEANS ON 2001-08-08 |
Abstract
Rationale: With the elimination of these duties and taxes, the costs of goods directly related to health care will be lowered and the manufacturers and distributors can then pass on the benefit to the Filipino consumer. This will eventually translate into a lower cost of health care for all Filipinos.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.