Bill Type
Long Title
AN ACT CREATING THE GOVERNMENT ASSET MANAGEMENT AUTHORITY, DEFINING ITS POWERS AND FUNCTIONS, AND APPROPRIATING FUNDS THEREFOR AND FOR OTHER PURPOSES
Congress Author
Date filed
July 1, 2004
Scope

Legislative History

House Bill/Resolution NO. HB00289
FULL TITLE : AN ACT CREATING THE GOVERNMENT ASSET MANAGEMENT AUTHORITY, DEFINING ITS POWERS AND FUNCTIONS, AND APPROPRIATING FUNDS THEREFOR AND FOR OTHER PURPOSES
SHORT TITLE : Government Asset Management Act of 2003
ABSTRACT : "Government Asset Management Act of 2003". The bill seeks to establish the Government Asset Management Authority as an independent body responsible for the privatization and disposition of non-performing government assets and the recovery ill-gotten wealth of government officials. The proposed government agency is envisioned to take over and continue the powers, functions and duties of the Presidential Commission on Good Government, the Privatization Council and the Privatization Management Office.
PRINCIPAL AUTHOR/S : LAPUS, JESLI A.
DATE FILED : 2004-07-01
SIGNIFICANCE: NATIONAL
CO-AUTHORS (Journal Entries) :
1. Amin (006 ) 2. Codilla (006 )
3. Badelles (012 ) 4. Marcos (012 )
5. Villanueva (012 ) 6. Hizon (012 )
7. Nantes (012 ) 8. Crisologo (012 )
9. Sandoval (013 ) 10. Golez (015 )
11. Vicencio (017 )
ACTIONS TAKEN BY THE COMMITTEE
COMMITEE HEARINGS/ACTIONS:
      1. Under study by the Technical Working Group(TWG) on 2004-11-09
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON GOVERNMENT ENTERPRISES AND PRIVATIZATION ON 2004-07-27
SECONDARILY REFERRED TO THE COMMITTEE(S) ON APPROPRIATIONS

Abstract

"Government Asset Management Act of 2003". The bill seeks to establish the Government Asset Management Authority as an independent body responsible for the privatization and disposition of non-performing government assets and the recovery ill-gotten wealth of government officials. The proposed government agency is envisioned to take over and continue the powers, functions and duties of the Presidential Commission on Good Government, the Privatization Council and the Privatization Management Office.'

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Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.