Legislative History
| House Bill/Resolution NO. HB00259 | |
| FULL TITLE : AN ACT EXEMPTING INDIVIDUALS, COOPERATIVES AND OTHER ENTERPRISES ENGAGED IN THE IMPORTATION OF ALL TYPES OF AGRICULTURE AND FISHERIES INPUTS, EQUIPMENT AND MACHINERY FROM PAYMENT OF TARIFFS AND DUTIES, AMENDING FOR THE PURPOSE REPUBLIC ACT NUMBERED EIGHT THOUSAND FOUR HUNDRED THIRTY-FIVE (RA 8435) OTHERWISE KNOWN AS THE 'AGRICULTURE AND FISHERIES MODERNIZATION ACT OF 1997' | |
| ABSTRACT : The bill seeks to amend the Agriculture and Fisheries Modernization Act (AFMA) by exempting from the payment of tariffs and duties individuals, cooperatives and other enterprises engaged in the importation of all types of agriculture and fisheries inputs, equipment and machineries. At present, the said law only allows the exemption on condition that the imported agriculture supplies shall be used exclusively by the importing enterprise, i.e. the importers cannot sell these products to small farmers, fishers, cooperatives and other members of the agriculture and fisheries sector. Furthermore, the latter can not import directly because only business enterprises, not individuals, are allowed to import under the AFMA. | |
| PRINCIPAL AUTHOR/S : DADIVAS, RODRIGUEZ D. | |
| DATE FILED : 2004-07-01 | |
| SIGNIFICANCE: NATIONAL | |
| CO-AUTHORS (Journal Entries) : | |
| 1. Codilla (005 ) | 2. Amin (006 ) |
| 3. Badelles (012 ) | 4. Marcos (012 ) |
| 5. Tulagan (021 ) | |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON AGRICULTURE, FOOD & FISHERIES ON 2004-07-27 | |
| SECONDARILY REFERRED TO THE COMMITTEE(S) ON WAYS AND MEANS |
Abstract
The bill seeks to amend the Agriculture and Fisheries Modernization Act (AFMA) by exempting from the payment of tariffs and duties individuals, cooperatives and other enterprises engaged in the importation of all types of agriculture and fisheries inputs, equipment and machineries. At present, the said law only allows the exemption on condition that the imported agriculture supplies shall be used exclusively by the importing enterprise, i.e. the importers cannot sell these products to small farmers, fishers, cooperatives and other members of the agriculture and fisheries sector. Furthermore, the latter can not import directly because only business enterprises, not individuals, are allowed to import under the AFMA.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.