Bill Type
Congress Name
Long Title
AN ACT DECLARING ILLEGAL THE OPERATIONS OF ANY PERSON, CORPORATION OR ASSOCIATION IN THE ADVERTISING INDUSTRY THAT DOES NOT HAVE AT LEAST SEVENTY PERCENTUM OF THE CAPITAL BELONGING TO CITIZENS OF THE PHILIPPINES, AND WHO/WHICH FAILED TO COMPLY ON AGRADUATED AND PROPORTIONATE BASIS WITH THE MINIMUM FILIPINO OWNERSHIP REQUIREMENT WITHIN FIVE YEARSFROM THE RATIFICATION OF THE 1986 CONSTITUTION, IMPLEMENTING SECTION 23, ARTICLE XVII IN RELATION TO PARAGRAPH (2) SECTION 11 ARTICLE XVI OF THE CONSTITUTION, AND PROVIDING PENALTIES FOR VIOLATION THEREOF
Date filed
October 19, 1987
Scope
Urgent Bill
No
Administration Bill
No
Legislative History
| House Bill/Resolution NO. HB02956 | |
| FULL TITLE : AN ACT DECLARING ILLEGAL THE OPERATIONS OF ANY PERSON, CORPORATION OR ASSOCIATION IN THE ADVERTISING INDUSTRY THAT DOES NOT HAVE AT LEAST SEVENTY PERCENTUM OF THE CAPITAL BELONGING TO CITIZENS OF THE PHILIPPINES, AND WHO/WHICH FAILED TO COMPLY ON AGRADUATED AND PROPORTIONATE BASIS WITH THE MINIMUM FILIPINO OWNERSHIP REQUIREMENT WITHIN FIVE YEARSFROM THE RATIFICATION OF THE 1986 CONSTITUTION, IMPLEMENTING SECTION 23, ARTICLE XVII IN RELATION TO PARAGRAPH (2) SECTION 11 ARTICLE XVI OF THE CONSTITUTION, AND PROVIDING PENALTIES FOR VIOLATION THEREOF | |
| PRINCIPAL AUTHOR/S : VALDEZ, ESTANISLAO V. | |
| DATE FILED : 1987-10-19 | |
| SIGNIFICANCE: NATIONAL | |
| CO-AUTHORS : | |
| 1. Lopez | 2. Monfort |
| ADMINISTRATION BILL? No | |
| URGENT BILL? No | |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON CORPORATIONS AND FRANCHISES ON 1987-10-21 |
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.